Christopher (alias Christian) Bechtler (1782–1843) was a German-born American goldsmith and watchmaker. He became rich and famous through an American gold rush based on his concept of producing defined gold dollars, the Bechtler Dollars, in the early 1830s and by 1840, before the US government itself started to produce gold dollars in 1849.[1]
Life[edit]
Bechtler was born in Pforzheim, Margraviate of Baden. In 1767 Charles Frederick, Grand Duke of Baden, allowed watch manufacturing in Pforzheim and started a technical school. The latter gave ground to further educational institutions and is now the Goldschmiedeschule mit Uhrmacherschule Pforzheim (Jewelers and Watchmakers School of Pforzheim); Bechtler was trained there. Around 1820, Bechtler spotted small gold traces in Stubensand, an early household abrasive. In 1823 he requested a mining concession and tried placer mining for gold in the late triassic Stubensandstein around neighboring Sternenfels where the Stubensand was produced. The amount of gold found was not satisfactory, but Bechtler asked for a Ducal Badensian Patent for his gold washing machine in 1819.[2]
In 1829 Bechtler and his family, his wife, two sons and a nephew, emigrated to the United States. In 1830 he opened a watchmaker store in Philadelphia, the site of the first US Mint, but he quickly went further to North Carolina during one of the early gold rushes.
The Bechtler Private Mint[edit]
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Bechtler Mint Site
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| Nearest city | Rutherfordton, North Carolina |
|---|---|
| Area | 3.2 acres (1.3 ha) |
| Governing body | Local |
| NRHP Reference # | 97000316[3] |
| Added to NRHP | April 14, 1997 |
Bechtler and his predecessors' private mint in Rutherford County, North Carolina, was run from 1831 till the 1850s and produced more than a million gold coins from 1831 till 1841. Bechtler's precision and the reliable gold content of his coins allowed him to prevail against other producers and to obtain a large fortune.[4] He died in Rutherfordton, North Carolina. Bechtler coins today are collectables of high esteem.
35°23′23″N 81°57′36″W / 35.38982°N 81.96006°W
Coinage[edit]
The Bechtler's mint produced coins in three denominations: $1, $2.50, and $5, and the coins were struck in three Fineness: 20 carats, 21 carats, and 22 carats. At the time and within the limits of the existing technology, the coins were considered of honest weight.
Bechtler's Coins Today[edit]
Because of the Coinage Act of June 28, 1834, which increased the value of gold by more than 6%, Bechtler's coins today are quite scarce and consequently, command high prices when offered for sale.[5] The North Carolina National Bank of Charlotte has a collection that can be viewed today.
References[edit]
- ^ Coin Community: Gold Dollar Liberty Head Type 1 History. Retrieved September 9, 2006.
- ^ Goldrush in Sternenfels 1818
- ^ "National Register Information System". National Register of Historic Places. National Park Service. 2010-07-09.
- ^ COINS; An Honest Man And His Gold Dollar, By JED STEVENSON, NYT 12.09.93
- ^ PCGS Coinfacts Listing of Betchler Gold Coins and Approximate Retail Price by PCGS Grade
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