LOT Old Heritage Auctions  /  2008 April Rosemont, IL (CSNS) US Coin #1104  / 

2534

(1834-37) $5 C. Bechtler Five Dollar, 140G. 20C,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:9,250.00 USD Estimated At:1.00 - 1,000,000.00 USD
(1834-37) $5 C. Bechtler Five Dollar, 140G. 20C,
<B>(1834-37) $5 C. Bechtler Five Dollar, 140G. 20C, RUTHERFORD. AU50 PCGS.</B></I> K-17, R.5. Plain Edge. In 1834 the federal weight standard was reduced for gold coins, and for the first time in many years gold coins began to circulate, as their melt value was less than their face value. The Treasury secretary advised the Mint director to put the authorization date of August 1, 1834, on the reduced-weight coins, and while the federal coins were redesigned instead, Christopher Bechtler apparently printed the date on his private-issue five dollar pieces to evade difficulties with the federal government. <BR> This piece offers surfaces that show light wear consistent with the grade, struck lightly on the right side of each face. There are no singularly mentionable abrasions. Listed on page 350 of the 2008 <I>Guide Book.</B></I><BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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