NNP Encyclopedia data is provided in cooperation with Whitman Brands, based on catalog data organized by the Greysheet Identification System (GSID).
Entry Details
Coin Date: (1832-34) Denomination (Short): G$1 Denomination (Long): One Dollar Gold Variety: C. Bechtler Variety 2: 30 GR, Plain Edge, K-1a Desg: MS Composition: Gold Mintage: Unique Strike Type: Business Coinage Type: Pioneer & Territorial Gold Coinage Years: 1831-1842 Mint Location: Carolina Designer: Christopher Bechtler, Sr. Edge: Reeded Obverse Description: 30.G * RUTHERF: C.BECHTLER. Reverse Description: ONE N:CAROLINA GOLD DOLLAR. General Notes: Struck sometime in late 1832 or early 1833 and on through the middle of 1834, the Kagin-1 is popularly collected because of its status as the first gold dollar struck in the United States. The dies are different from earlier Bechtler issues, with a neat, serrated border, allowing more room for the legends. Like the early beaded border issues, the K-1 dollar is struck to the pre-August 1834, U.S. standard: 30-grains of 20-carat gold to the dollar. The relatively high survival rate of the Kagin-1 gold dollar suggests that Bechtler’s new, convenient denomination met with wide acceptance. It is the only Bechtler conforming to the pre-1834 U.S. standard that is generally available, with approximately 150 pieces extant. Grades vary from VF-BU, with three or four choice mint state examples vying for finest known status. A single plain edge example (Kagin-1a) is known from a late state of the dies. NGC ID: 2B94
