1860 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS64 PCGS. K-1, R.4....

Click the image to load the highest resolution version.

Sold on Jun 4, 2010 for:

$51,750.00 Bid Source: Live: Phone bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Marvelous 1860 Clark, Gruber Quarter Eagle
K-1, MS64, Single Finest Graded at PCGS

1860 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS64 PCGS. K-1, R.4. The 1860 coinage was the first for the firm of Clark, Gruber & Co., of Denver, Colorado, and the firm would produce no more coins after 1861, becoming instead the forerunner of the United States Mint at Denver. The firm produced quarter eagles in both 1860 and 1861. What began as a banking establishment would grow to become the foremost private coiner in the Colorado Territory, with branches in Central City and Salt Lake City.
This 1860-dated Clark, Gruber quarter eagle is remarkable in more than one way: It not only shows the excellent production standards of the firm that helped make it the most respected Colorado private coiner, it also is excellently preserved, while most of the issue circulated, sometimes to a great degree. The surfaces are considerably prooflike on this greenish-gold specimen, a color that indicates a relatively high silver content in addition to the gold. A small planchet indentation appears near star 7, and a little planchet lamination is retained at star 6. The strike is somewhat weak through the centers of each side. There is no mentionable contact, an essential point that goes a long way toward explaining this coin's status as the single finest certified of this issue at PCGS. Listed on page 377 of the 2010 Guide Book.

Coin Index Numbers: (NGC ID# ANJX, PCGS# 10135, Greysheet# 11738)

View Certification Details from PCGS