2281

Undated (1831-1834) C. Bechtler Gold $1. Kagin-1. Rarity-4. 30 G. Reeded Edge. MS-62 PCGS. CAC.

Currency:USD Category:Coins & Paper Money Start Price:500.00 USD Estimated At:NA
Undated (1831-1834) C. Bechtler Gold $1. Kagin-1. Rarity-4. 30 G. Reeded Edge. MS-62 PCGS. CAC.
SOLD
16,000.00USD+ (3,200.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Mar 11 @ 20:24UTC-8 : PST/AKDT

Lot: 2281
Title: Undated (1831-1834) C. Bechtler Gold $1. Kagin-1. Rarity-4. 30 G. Reeded Edge. MS-62 PCGS. CAC.
Header: Frosty Uncirculated C. Bechtler Gold $1
America’s First Gold Dollar


Description: Dies as illustrated. An exemplary High Condition Census example of America’s first gold dollar issue, and an old friend as well. We first offered this beauty to 21st-century numismatists in our March, 2017 sale of the Dr. Allan Collection. It has graced an important cabinet of C. Bechtler coinage since that time, and is only now being offered to another round of admirers after a four-year absence from the marketplace The satiny olive-gold surfaces enjoy an enormous amount of luster and eye appeal, and even a finicky collector will attest to their nearly mark-free condition. Somewhat prooflike throughout. Here is a perfectly centered and evenly struck example of the issue with full dentils, all qualities to look for in K-1. We can say that few examples of the variety appear so nice as this piece. From an early die state with the usual bulge in the obverse field still unobtrusive and not affecting the legends as it does in later die states. In our 2017 research we accessed the PCGS website for the current Population of this variety, and the numbers were 6 at MS-62, with 2 finer, both MS-63 – those figures have not changed an iota in the ensuing four years! Today, NGC offers a Census of 5 coins at MS-62, with none certified finer. Not only is this specimen a high Condition Census coin, its eye appeal is readily as fine as can be obtained without moving a notch up the grading scale. We have seen one of the two PCGS-certified MS-63 examples of the grade, and the present coin matched up nicely to that coin to our eyes. We believe the current coin to be the second finest example in existence of America’s first gold dollar. When the bidding ends on this lot, it’s almost certain this high-grade and historically important C. Bechtler Carolina Gold dollar will find its way into the hands of a serious steward in the Pioneer gold discipline, and hopefully grace his or her cabinet for a long time to come.

PCGS Population: 6; 2 finer (both MS-63).

Grading Company: PCGS
Gr: MS
Gr3: 62
Gr3:
CAC/OGH: CAC
Pedigree: From the Anacortes Collection; our sale of the Dr. Allan Collection, March, 2017, lot 1601; Ex Kagin; Ex Clifford.