August 2024 Global Showcase Auction – 12 - 23 August 2024
Ancient and World Coins and Currency
Part B: Mo, 12.08.2024, from 6:00 PM CEST
Part C: Mo, 12.08.2024, from 10:00 PM CEST
Part 1: Tu, 13.08.2024, from 1:00 AM CEST
Part 2: Tu, 13.08.2024, from 6:00 PM CEST
Part 3: Tu, 13.08.2024, from 10:00 PM CEST
Part D: We, 14.08.2024, from 6:00 PM CEST
Part 4: We, 14.08.2024, from 9:00 PM CEST
Part 5: Th, 15.08.2024, from 5:00 PM CEST
Part E: Fr, 16.08.2024, from 5:00 PM CEST
Part 6: Fr, 16.08.2024, from 9:00 PM CEST
Part 7: Sa, 17.08.2024, from 5:00 PM CEST
Part F: Sa, 17.08.2024, from 6:00 PM CEST
Part 8: Mo, 19.08.2024, from 7:00 PM CEST
Part G: Tu, 20.08.2024, from 6:00 PM CEST
Part 9: Tu, 20.08.2024, from 7:00 PM CEST
Part H: Tu, 20.08.2024, from 8:00 PM CEST
Part 10: We, 21.08.2024, from 6:00 PM CEST
Part I: We, 21.08.2024, from 6:00 PM CEST
Part 11: Th, 22.08.2024, from 6:00 PM CEST
Part J: Th, 22.08.2024, from 6:00 PM CEST
Part K: Fr, 23.08.2024, from 6:00 PM CEST
Part 12: Fr, 23.08.2024, from 6:00 PM CEST
Description
Historic A. Bechtler $5 Gold
Undated (1842-1852) August Bechtler $5. K-27. Rarity-5+. 134.G:, 21 CARATS. AU-50 (PCGS).
Warm honey-olive color blankets both sides, the surfaces of which also exhibit splashes of pinkish-apricot at the borders and a touch of silvery haze through the central reverse (mounted as the obverse in the PCGS holder). The texture is predominantly satiny from time spent in commerce, although prooflike reflectivity remains, closely guarded by some of the design elements. Well struck with an even impression, much bold detail remains despite a touch of wear. There are few sizeable marks, the appearance pleasingly smooth at most viewing angles. In 1840, August Bechtler took over the operation of the Bechtler mint from his father, Christopher (Alt Christoph) Bechtler. When the elder Bechtler died in 1842, August began production of coins under his name, primarily the $1 and $5 denominations. August Bechtler struck four different varieties of the $5 denomination, of which the K-27 is the most available to collectors. The Bechtlers' coins circulated for many years after they closed their mint in the 1850s; some apocryphal accounts even report sightings of Bechtler gold in circulation as late as the turn of the 20th century. Almost all known specimens of K-27 have seen varying degrees of circulation, many of which are damaged or otherwise impaired. Mint State examples are astonishingly rare and when found they are at the lowest levels. Any unimpaired AU example is a noteworthy find, especially one with pleasing eye appeal, as here. This specimen will readily complement any specialist cabinet of privately issued gold coins or Southern gold in general.
PCGS# 10046. NGC ID: 2B9Y.
PCGS Population: 14; 14 finer (AU-58 finest).
From an unrecorded Stack's sale, lot 3158.
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Bidding
| Price realized | 7'500 USD |
| Starting price | 1 USD |
| Estimate | 10'000 USD |
