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Lot
3676

1861 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS63 NGC. K-5, R.4....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 11, 2010
Item Activity: 4 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:
Select 1861 Clark, Gruber Quarter Eagle, K-5
Only One Coin Certified Finer
1861 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS63 NGC. K-5, R.4. Clark, Gruber & Co. was a prominent Colorado banking institution as well as a respected private mint. The firm commenced operations in March 1859, and continued as a banking firm in one incarnation or another until 1865, although they issued no coins after 1861.
The present coin is an attractive Select specimen of this scarce Territorial emission. The strike on this issue is uneven, with some devices crisply defined and others somewhat weak. All examples seen have some softness on the central devices, and this coin is no exception. The characteristic weakness shows on Liberty's cheek and ear area, and on the corresponding area of the shield on the reverse. The surfaces are a pleasing greenish-gold color, and show a minimum number of handling marks for the grade. Listed on page 382 of the 2011 Guide Book. Census: 3 in 63, 1 finer (6/10). (PCGS# 10139)

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I would also like to thank your auction company for the promotion of the auction and was pleasantly surprised by the number of bidders who attended, as well as the prices realized. It was a pleasure doing business with you.
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