Kagin 2 in the Bechtler series is a One Dollar gold piece struck by Christopher Bechtler. This is one of three varieties of the 28 Grains standard and it is instantly recognizable because the 28G was placed high in the field -- both of the other two 28 Grain varieties has 28G centered in the field. Kagin called this variety High R7 (4-6 known), making it the rarest of the 28 Grain varieties. Breen was more liberal in his estimation of the number of survivors by placing the range from 10-12. We have images of five demonstrably different examples and auction citations for an additional seven (though there may be some duplication there). Thus, a guess of a dozen survivors is fairly accurate.
Most K-2's feature a reeded edge, but the reeds are softly impressed and can sometimes be weak, indistinct, or simply worn off. Plain edge variants exist (Kagin 2a), and these are very rare.
Of the known K-2's, only three are Mint State (including two PCGS MS61's and a single NGC MS64).
Stephen L. Schechter Collection - Heritage 8/2007:2128, $48,875
Clifford-Kagin Collection - Allan Collection