1834 $5 C.Bechtler Five Dollar, RUTHERFORD, 140G., 20Carats, Plain Edge K-17 NGC AU Details

1834 $5 C.Bechtler Five Dollar, RUTHERFORD, 140G., 20Carats, Plain Edge K-17 NGC AU Details Rarity 5   Writing in Private Gold Coins and Patterns of the United States (1981), Donald Kagin noted, in regard to the Bechtler private gold coinage operation in North Carolina: "Another major modification in the Bechtler coinage occurred in 1834. That year Congress passed a bill reducing the gold content of our gold coins. Bechtler prepared new dies engraved with the date 'August 1, 1834' and began producing new coins with the reduced weight."   An exceptional representative of this important, conditionally scarce variety from the private mint of Christopher Bechtler