Nearly Mint State Bechtler (Center Circle) $2.50 PCGS/CAC AU58

Rare

At a time when federal specie was virtually unseen in circulation, the Bechtlers successfully converted the gold mined in and around Rutherfordton and beyond into coinage suitable for local commerce, and of consistently high quality. It was a group of local miners who first petitioned Christopher Bechtler, a respected jeweler, to perform this assaying and coining service.  According to Don Kagin, “this was quite agreeable to Bechtler, for on July 2, 1831, and for several weeks thereafter, he ran an advertisement which announced that he was ready to coin the products of the mines into $2.50 and $5.00 pieces … .” Later, Bechtler would be the first to put gold dollars into the channels of American commerce.  PCGS has graded just 10 in all grades combined for this variety. Of those, this is the only AU58 with just 3 higher.

Offered at $41,975 delivered

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(800) 257.3253
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1837-42 Bechtler $2.50 NGC AU58

1 of only 13 For All grades by NGC

This is the 70g. 20c variety. As early as the spring of 1831, Christopher Bechtler formulated a plan to mint quarter eagles and five dollar gold pieces at his Rutherfordton, North Carolina private mint. The elder Bechtler realized that a local minting operation was needed for native Carolina and Georgia gold dust — which otherwise had to travel to Philadelphia for assaying and minting — providing local miners a more cost-effective option while satisfying the critical need for cash in local commerce. NGC has graded only 13 pieces for all grades combined, only 6 of which have graded higher than the one offered here. This example is lighter and brighter than seen in our images. Listed at $20,000 in the CDN CPG and $21,200 in the NGC price guide.

Offered at $19,125

We do business the old fashioned way, we speak with you.

(800) 257.3253 
8:30 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check. 
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.