The Bechtlers -
Bechtler Gold - The Bechtler Coins
The Bechtler family lived in Rutherford
County, North Carolina from 1831 to 1852. Christopher Bechtler
with his sons Augustus Bechtler and Charles Bechtler, and
a nephew also named Christopher Bechtler, moved from Philadelphia
to North Carolina in 1830. They bought a piece of land about
three miles north of Rutherfordton, and opened up a watch
making and jewelry business. At this time there was a very
tight money supply and a coinage shortage. When gold was
discovered in North Carolina, miners asked Bechtler to assay
and stamp their gold. Since there were no laws prohibiting
private coinage and shipment to Philadelphia was unsafe,
Christopher decided to accommodate them and set up a private
assay and coining business. Evidently he was efficient and
provided good service because his business lasted for nearly
twenty years.
Bechtler
made everything himself. He made his own dies, punches,
presses, and everything else needed to make coinage. His
coins weighed what they were supposed to and were up to
standard in fineness. Between 1831 and 1846, he coined over
two million dollars in quarter and half eagles. Naturally
there were contemporary counterfeits made from false dies
using base metals. Authentication of all coins is highly
recommended. (All USRCI coins are certified by one of the
major grading services.)
On some of the half eagles the date AUGUST
1, 1834 is seen. The original Mint Act of 1834 that reduced
the weight of circulating coins, called for the date to
be added to the new coins. They changed their minds in favor
of a design change omitting the motto; however, Bechtler
had made his dies based on the news of the original Act.
The coins have three different inscriptions.
They are NORTH CAROLINA GOLD, CAROLINA GOLD, and GEORGIA
GOLD. These “location stamps” indicated the
fineness of the particular issue.
When the Mints at Charlotte and Dahlonega
opened, the Bechtler coin-making business diminished. In
1840 Christopher gave the business to his son, Augustus.
Augustus moved to town and minted large quantities of gold
dollars until he died in 1846. Christopher Jr. inherited
the business from Augustus. However, Christopher was an
alcoholic. People claimed that some of his coins were debased.
He stopped making coins in 1850, just after the U.S. Mints
began making coins in quantity. From then on, bullion went
to the federal Mints for coinage.
All of the Bechtler coins used only numbers
for the denomination and date, and letters for the legend
that showed the location, and the Bechtler name. There were
no other design motifs.
Of the three denominations, the rarest are
the quarter eagles. In their population reports, both major
grading services show 124 pieces of all types in all grades,
and these numbers do not account for resubmissions and crossovers.