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Lot
2536

1861 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS63 NGC....

2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104

 
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Auction Ended On: Apr 17, 2008
Item Activity: 3 Internet/mail/phone bidders
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Location: Rosemont, IL
Description:
Conditionally Scarce 1861 Clark Gruber & Co.
Quarter Eagle, MS63
1861 $2 1/2 Clark, Gruber & Co. Quarter Eagle MS63 NGC. After gold was discovered in Colorado, in the late 1850s, three partners (two of them brothers) started a banking and coining business called Clark, Gruber and Company. In 1860, the company put up a two-story brick building in the new city of Denver (then called Denver City), a fine
brick and mortar building in a town where most of the homes were made of logs or canvas with dirt floors. The company's first coins were minted on July 4, 1860, and their minting operation continued on a
twenty-four hour per day basis over the next two years, producing quarter eagles, half eagles, eagles, and double eagles.
The current offering is a conditionally scarce representative of the 1861 Clark & Gruber quarter eagle. It is well struck with nice luster, attractive green-gold coloration, and just a handful of trivial
marks on each side. NGC has graded a mere three examples of this important territorial issue at MS63 and only one finer (at MS64), as of March 2008. (PCGS# 10139)

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