C Bechtler $5 K-23 128 Grs., 22 Carat RUTHERF: (Regular Strike)

Series: (None)

PCGS MS61

PCGS MS61

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PCGS MS61

PCGS MS61

PCGS AU58

PCGS AU58

PCGS #:
10109
Designer:
N/A
Edge:
N/A
Diameter:
N/A
Weight:
N/A
Mintage:
N/A
Mint:
N/A
Metal:
Gold
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS61 PCGS grade

Riverboat Collection - Heritage 4/2014:5408, $32,900 - Heritage 4/2016:4884, $31,725

2 AU58 PCGS grade

Clifford and Kagin Collections - Dr. Christopher Allan Collection - Kagin's 3/2017:1628, $29,081.25

2 AU58 estimated grade

Stack's/Bowers 8/2012:11618, not sold

2 AU58 estimated grade

Stephen L. Schechter Collection - Heritage 8/2007:2140, $29,900

5 AU55 PCGS grade

Dr. Dexter Seymour Collection - Stack's/Bowers 5/2013:1212, $21,738

5 AU55 PCGS grade

North Carolina Collection

5 AU55 PCGS grade
5 AU55 PCGS grade
5 AU55 PCGS grade
10 AU53 PCGS grade
#1 MS61 PCGS grade

Riverboat Collection - Heritage 4/2014:5408, $32,900 - Heritage 4/2016:4884, $31,725

#2 AU58 PCGS grade

Clifford and Kagin Collections - Dr. Christopher Allan Collection - Kagin's 3/2017:1628, $29,081.25

#2 AU58 estimated grade

Stack's/Bowers 8/2012:11618, not sold

#2 AU58 estimated grade

Stephen L. Schechter Collection - Heritage 8/2007:2140, $29,900

#5 AU55 PCGS grade

Dr. Dexter Seymour Collection - Stack's/Bowers 5/2013:1212, $21,738

#5 AU55 PCGS grade

North Carolina Collection

#5 AU55 PCGS grade
#5 AU55 PCGS grade
#5 AU55 PCGS grade
#10 AU53 PCGS grade
Ron Guth:

Among the Bechtler coinage, Kagin 23 is one of the $5 varieties. In this case, the weight is 128 grains and the fineness of the gold is 22 carats, making it one of the later issues of Christopher Bechtler. The reverse is distinctive in that RUTHERFORD is abbreviated to RUTHERF: -- this same reverse was used on Kagin #s 18-23, then later on Kagin 26 (issued by August Bechtler). Kagin 23 is rated as a high R6 (13-30 known) which is consistent with the number of examples that have appeared at auction or are known by researchers.

The best numerically graded example is an NGC MS62. We know of three other Mint State examples, followed by roughly half a dozen AU's. Some Kagin 23's show lamination flaws ranging from minor defects to rather large flakes (look for the PCGS AU55 in the VIEW ALL COIN IMAGES for a dramatic example).