Five Dollar Gold Piece PCGS AU55

Very Rare C. Bechtler

50G. 20C. K-15, R.7.  America’s first gold rush took place in the piedmont area of North Carolina and Georgia in the 1820s and ’30s. The expanding economy of the region desperately needed a more dependable medium of exchange than the miner’s gold dust could provide. Christopher Bechtler, a German-born goldsmith and watchmaker, established a private mint at Rutherford, North Carolina to process gold dust from the region into useful coinage. Beginning in 1831, he and his family began producing gold coins of simple design that circulated widely in the Southern United States until the Civil War. He was an honest and competent metallurgist and his accurate assays ensured his coins were of full weight and value. Bechtler began marking his coins with their exact weight and/or gold content in carats with his second series of coinage in 1831. This example is far more lustrous in-hand. The PCGS population is only 6 with 5 higher.

Offered at $52,750 delivered

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