SOLD
32,000.00USDto floor+ buyer's premium
This item SOLD at 2007 Aug 09 @ 22:21UTC-06:00 : CST/MDT
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<B>C. Bechtler $5 Restrike PR65 PCGS.</B></I> K-31, High R.7. This is a muling of two different Bechtler five dollar dies. The die with BECHTLER, commonly known as the reverse die, was previously used to strike K-16 during Christopher Bechtler's day, circa 1834 to 1837. The die with the weight and fineness, typically known as the obverse die, helped strike K-29 during the 1842 to 1852 production era of Christopher's son, August Bechtler.<BR>Professional coin dealer Henry Chapman encountered three Bechtler five dollar dies circa 1908, one obverse and two reverses. He struck a very limited number of proof restrikes, listed as K-30 and K-31 in Kagin's standard reference. K-30 and K-31 share the same obverse but have different reverses. The obverse of the present K-31 lot has less rust than the previous lot (a K-30), which indicates the obverse die was further polished prior to the production of K-31.<BR>This exquisite Gem has flashy fields, and is smooth aside from a whisper of mint-made die rust. The strike is unimprovable. A vertical die crack, diagnostic for the variety, is present beneath the second A in CARATS. Heritage last auctioned an example of K-31 in 1996. Mentioned on page 351 of the 2008 <I>Guide Book.</B></I><BR><I>From The Stephen L. Schechter Collection of Bechtler Territorial Gold.</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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