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Lot
1987

1860 $10 Clark, Gruber & Co. Ten Dollar MS61 NGC....

2009 September Long Beach, CA Signature US Coin Auction #1129

 
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Auction Ended On: Sep 11, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Extraordinary 1860 Clark, Gruber Ten, K-3, MS61
1860 $10 Clark, Gruber & Co. Ten Dollar MS61 NGC. K-3, R.5. Clark, Gruber and Company was established at the height of the Colorado Gold Rush, a decade after the California Gold Rush, to coin gold from the local mines. After making its last coins in 1861, the company continued producing ingots in 1862, and it was formally bought by the U.S. Treasury in 1863. It functioned for more than four decades as an assay office, before a new facility officially opened as the Denver Mint in 1906.
This 1860 Clark, Gruber ten boasts extraordinary, deep reddish color, with occasional tinges of green around the margins. The overall preservation is excellent for a Territorial gold coin, with a sharp strike and pleasing surfaces. A shallow planchet flake, as made, occurs in the field below the S in PIKES. Listed on page 377 of the 2010 Guide Book. Census: 5 in 61, 8 finer (8/09). (PCGS# 10137)

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