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1831 Gold $2.50 C.BECHTLER, NORTH CAROLINA. 250. wide 20.C. no 75.G. RUTHERFORD in circle PCGS AU50

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11389153
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C.BECHTLER, NORTH CAROLINA. 250. wide 20.C. no 75.G. RUTHERFORD in circle

(also known as Kagin-5) First series - July-September 1831

No weights listed; fineness shown as 20 Carats; "ASSAYER" on obverse; "NORTH CAROLINA GOLD" on reverse. PCGS# 10082

Those issues first struck by Christopher Bechtler Sr. consist of four major varieties, three quarter eagles and a half eagle (with an extremely rare and uncollectible variety of half eagle). Each depicts the legend C. BECHTLER, ASSAYER and the description RUTHERFORD or RUTHERFORD COUNTY. The reverse distinguishes the denomination, carat value and legend NORTH CAROLINA GOLD, but bears no designated weight. Analysis shows the coins are 30 grains to the dollar at 20 carats.  The United States Government standard in 1831 was 27 grains to the dollar at 21 carats. A total of $109,732 is reported to have been struck into coins during the first through the third periods.

More Information
PCGS # 10079
Grading Service PCGS
Year of Issue 1831
Grade AU50
Denom Type Bechtler Gold
Numeric Denomination $2.50
Mint Location Private Issue
Designation NONE
Circ/UnCirc Circulated
Strike Type Business
Holder Variety 250. wide 20.C. no 75.G. RUTHERFORD in circle
Grade Add On NONE
Holder Type N/A

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