SOLD
15,000.00USDto g****2+ buyer's premium (2,625.00)
This item SOLD at 2017 Mar 10 @ 02:17UTC-5 : EST/CDT
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Undated (1834). C. Bechtler $5 Die Trial. Kagin-20 (Kagin-1 in the pattern section of Private Gold Coins & Patterns of the United States). Overstruck on a 1775 Spanish Colonial 2 Reales. Rarity-8, Unique. With 134 G., Star. VF Details – Plugged – PCGS.
This rare – unique -- die trial strike on a 1775-dated Spanish-American 2 reales is as neat as it gets in the pioneer gold series. The deep slate gray obverse stands in bold contrast with the much lighter silver-gray reverse. Portions of the host coin’s details can be seen in places, with the best details at the rim on the parasite strike’s obverse. A glass reveals the typical scratches and marks associated with a coin that probably circulated from its birth until it was plucked from circulation as a useless and worn-out “two-bits” piece and then pressed into service one final time by the Bechtler family. The host coin’s edge details were all but obliterated by the strike which also caused the planchet to spread to a larger diameter than is common in 2 reales pieces of the era. The plug is at the 9 o’clock position on the obverse, where the first C in C. BECHTLER had to be reinvented on the surface of the plug; on the reverse the plug affects the D of GOLD. What this coin lacks in aesthetic charm is amply compensated for by its unique standing in numismatics.
As far as we know for sure, this may be the only surviving die trial of a Bechtler coin of any denomination Besides the Restrike die trial offered in the next lot, there is supposed to be a $1 A. Bechtler struck in silver that we have not seen nor can confirm. There is a $2 ½ C. Bechtler 27G/21C gilded copper piece similar to Kagin -10 that appeared in the famous Garrett sale (Bowers & Ruddy 11/7:509). However this piece is struck from different dies than K-10 and its authenticity needs to be verified.
This coin is unique by any other standard and so, too, is your opportunity for acquisition. Once this coin is hammered home to a new owner, you can probably safely bet your bottom dollar that it will be a long spell before it makes another appearance.
Obverse: CAROLINA GOLD: at rim from 8 to 4 o’clock around, 134.G. at center, inverted five-pointed star beneath, 21 CARATS curves at rim beneath star.
Reverse: C: BECHTLER: AT RUTHERF: and star around, 5 at center, DOLLARS. curves below.
Die Alignment: about 325 degrees.
PCGS Population: 1. No others listed.
Ex: From the Allan Collection.
Ex: Waldo Newcomer, New Netherlands, et.al. ANA 8/52:4517, Conway Bolt Stack's 4/66:260, Henry Clifford, Don Kagin, Dr. Chris Allan.
PCGS Coin Facts
Auction Location:
9800 International Drive, Orlando, Florida, 32819, United States
Previewing Details:
auctions.kagins.com
Sales Tax on currency to non-dealers and coins under $1500 shipped to CA or $1000 to MD per tax accountant
Taxes:
| Tax | Rate | Desc. |
| FL |
6% |
Florida Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
17.5% |
Additional Fees:
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Terms and Conditions of Sale
1. Auction Company. This public auction is being presented by Kagin’s Auctions, a division of Kagin’s, Inc. (“KA”)
2. Binding Effect of Terms and Conditions. These Terms and Conditions are legally binding on anyone that registers
to bid, or actually does bid, at a KA auction. They define the relationship between bidders and KA before, during and after
the auction, and limit KA’s liability to bidders.
3. Consignors and Reserves. This catalog contains descriptions of property belonging to many persons known as
consignors. KA is not required to divulge to prospective bidders the identity of any consignor, except as provided by these
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which KA is not required to disclose to prospective bidders. The Consignment Contract may permit a consignor to bid on his
or her own lots and pay commissions if successful. If a consignor bids from the floor for his or her own lots, KA may so note
to all present. KA reserves the right to omit from its published prices realized the purchase prices of items re-purchased by
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time and place as KA may, in its sole discretion, determine. The auctioneer will offer lots in number sequence within each
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a mail bid to a level the auctioneer deems appropriate), and will continue at such increments as the auctioneer directs until
the auctioneer declares the lot sold. The auctioneer may accept or decline any bid in his sole discretion, and where more
than one identical bid is received for an item, the auctioneer may prefer the first bid received and may prefer a mail bid over
an identical floor bid. In case of any disputes regarding the existence or amount of bids the auctioneer may rescind the sale
of that lot and re-sell it, or otherwise direct disposition of the lot in his sole discretion. In all cases, the auctioneer’s decision
shall be final. KA IS NOT RESPONSIBLE FOR ERRORS IN BIDDING, and mistaken bids will not justify rescission of a sale.
www.kagins.com xv
Terms and Conditions of Sale (Continued)
10. Buyer’s Commission and Taxes. THE PURCHASE PRICE FOR ALL LOTS INCLUDES THE SUCCESSFUL BID PLUS A
BUYER’S COMMISSION OF 17 1/2%, except as otherwise provided by written agreement between a bidder and KA. Bidders
acknowledge that they are responsible for all sales, use or other taxes applicable to their purchases, and for any interest or
penalty related to unpaid tax, regardless of whether KA collected such taxes at the time of purchase.
11. Kagin’s Loyalty Discount. All successful purchasers shall be entitled to a credit against any future
purchases in a KA auction, in the amount of one percent (1%) of the total purchase prices paid by
them (hammer plus buyer’s commission – taxes or other charges not included), such credit to extend to the next two (2) KA
auctions, or a period of 1 year, whichever is longer.
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terms, they will be liable to KA for interest on the unpaid balance at the rate of 1 1/2% per month (or the maximum rate
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engaging an attorney and pursuing legal proceedings). In addition to the foregoing, purchasers grant KA a security interest
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themselves or other items), and agree to execute such documents as KA may deem needed to evidence this security interest.
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the purchaser contends that the item is counterfeit, contains an altered date or mintmark, or contains undisclosed repairs;
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provenance or pedigree, or strike, or whether a coin is a proof.
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