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Lot
5950

1860 $10 Clark, Gruber & Co. Ten Dollar AU58 NGC. CAC. K-3, R.5....

2013 August 8 - 10 US Coins Signature Auction - Rosemont #1188

 
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Auction Ended On: Aug 9, 2013
Item Activity: 8 Internet/mail/phone bidders
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Location: Hyatt Rosemont
6350 N. River Road
Rosemont, IL
60018
Description:
1860 Clark, Gruber Eagle, K-3, AU58
Copious Mint Luster
1860 $10 Clark, Gruber & Co. Ten Dollar AU58 NGC. CAC. K-3, R.5. Clark, Gruber & Co. produced more than one-half million dollars worth of gold coinage, yet the 1860- and 1861-dated pieces were short-lived in their production. A territorial resolution as early as 1861 favored the establishment of a federal mint in Denver, a measure favored by the principals of Clark, Gruber. But the facility would remain an assay office only for decades before the opening of the Denver Mint in 1906.

The 1860 ten and twenty dollar pieces of Clark, Gruber are especially popular for their depiction of a rather unrealistic Pike's Peak, while the smaller denominations and the 1861-dated coins more resemble U.S. federal coinage. Copious luster appears on each side of this orange-gold AU58 1860 eagle, which also boasts excellent eye appeal. A loupe reveals a few small contact marks on the reverse. Listed on page 394 of the 2014 Guide Book. Census: 22 in 58 (1 in 58+ ), 18 finer (6/13).
From The Warsaw Collection. (PCGS# 10137)

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