(1834-1837) K-17 C. Bechtler 140G, 20C $5 RUTHERFORD NGC MS62
Denomination: $5
Series: Territorial Gold
Composition: Gold
Year: 1834
Mint: Bechtler
Grade: MS62
Designation: Absolute and Condition Rarity
Mintage:
Population in Grade: 3
Finer Known Examples: 1
When only the Philadelphia Mint was striking American coins, many territorial mints received local gold and produced coins for the area. One such mint was started by Christopher Bechtler during 1831 in Rutherfordton, North Carolina. Much needed after the North Carolina Gold Rush in the 1820s, the Bechtler Mint struck over $2 million worth of gold into $1, $2.50, and $5 denomination coins. This example is dated August 1, 1834 and marked as 20 carats. With only 31 known examples from this variety, this is a true piece of numismatic history! As one of only 3 examples of this variety graded in Mint State 62 condition and just one higher, this is not only an Absolute and Condition Rarity, but it is also the finest known.
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