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This period marked a significant output of private coinage, filling a critical gap before the establishment of the Charlotte Mint, as the Bechtlers provided reliable currency for the region's gold rush economy. The present K-20 $5 gold half eagle is an exceptional survivor, showcasing smooth, lustrous and prooflike surfaces with only trivial abrasions for its lofty grade near Choice AU grade. The obverse boldly declares "CAROLINA GOLD" and a 134-grain weight inscription above a five-pointed star, and "21 CARATS" below, while the reverse identifies "C: BECHTLER AT RUTHERF:". A minor planchet flaw is visible at the 12:00 obverse rim and slight strike weakness at 9 o'clock on the reverse ("GOLD") do little to detract from the coin’s sharp primary designs and overall beauty. This piece stands as a superlative example of early American private gold coinage, offering discerning collectors a rare combination of historical significance, quality, and visual appeal that is difficult to surpass.
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