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Lot
2501

1860 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS61 PCGS. K-1, R.4. The issues of Clark, Gruber, & Co. were highly regarded ...

2005 November Dallas, TX Signature Auction #388

 
Sold for: Not Sold
Auction Ended On: Nov 3, 2005
Item Activity: 5 Internet/mail/phone bidders
119 page views
Location: Dallas, TX
Description:
Mint State 1860 Clark, Gruber, & Co. Quarter Eagle
1860 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS61 PCGS. K-1, R.4. The issues of Clark, Gruber, & Co. were highly regarded by Colorado banking circles, and they had little competition from other private miners. Colorado firms owned by John Parsons and J.J. Conway struck gold coins, but their production must have been small, since these are extremely rare today. Usually, the coins of Clark, Gruber & Co. imitated their Federal equivalents, as is the case for the 1860 2 1/2 Dollars. CLARK & CO. replaces LIBERTY on the coronet, and PIKES PEAK GOLD DENVER substitutes for UNITED STATES OF AMERICA; these changes circumvent counterfeiting laws. The present honey-gold piece is typically struck in the centers, but peripheral elements are bold, and handling marks are limited to the left obverse field and the field above the eagle. Listed on page 362 of the 2006 Guide Book.(#10135) (PCGS# 10135)

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