1834 $5 Gold C.BECHTLER, CAROLINA. 140.G. 20ct AUGUST 1,1834 AT RUTHERFORD, K-17 plain edge PCGS MS-62
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$5 Gold C.BECHTLER, CAROLINA. 140.G. 20ct AUGUST 1,1834 AT RUTHERFORD plain edge
Wire/ACH/Check/Zelle Price
Collector's Universe priced at $55,000. This well-struck, somewhat prooflike example of a Bechtler issue is a standout, graded at the highest level by PCGS, tied with only two other coins, one being a CAC example last seen 84 months ago. Light adjustment marks are visible at "CARATS" on the obverse and "★ C." on the reverse, factored into its lofty grade by PCGS, with a population of just three and none finer. A critical piece for specialists, this coin is challenging to replicate at any price. Its historical significance is tied to the August 1, 1834, day date, reflecting Bechtler’s response to the Coinage Act of June 28, 1834, which altered gold coin composition and weight to encourage circulation. Prior to this, gold coins had vanished from domestic use since 1820 due to bullion values exceeding face values, forcing Bechtler and other coins to trade at a premium based on gold content.
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