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1860 $5 Colorado Gold - Clark, Gruber Half Eagle NGC MS64 (CAC)

SOLD
SKU
236315009

We don't know how many of this great collectible were produced, but we do know that only 79 of them were graded by NGC. Of those, just 3 carry the superior grade of MS64, with absolutely none finer! (as of 5/2021). Plus the coveted green CAC sticker gives this piece even greater value and cachet in the numismatic universe. The last time this issue crossed the auction block in MS64 was in August of 2013 by Heritage. So if Territorial Gold is your specialty and you have the available resources, carefully examine this listing. Take a look at the stunning photographs of this prized offering of numismatic art. This is the kind of coin that is found in great collections. Own this coin, and yours will be counted among those collections.

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1860 $5 Colorado Gold - Clark, Gruber Half Eagle NGC AU58 (CAC) - One of the Finest Known Territorial Gold Half Eagles...

     It is with pleasure that we at AUCM offer for consideration a popular rarity from the days of the Western Frontier: an 1860 $5 Colorado half eagle produced by Clark, Gruber and Co. in MS64 (CAC) This piece would be the perfect addition to a type set for the specialist in Territorial Gold. Or it would serve as one great "stand-alone" relic from the Wild West.

     The most successful private mint in the Pikes Peak region of Colorado was the Leavenworth, KS, company of Clark, Gruber & Co. The banking facet of their operation opened its doors for business on July 10, 1860, in Denver City. Thus, it was one of the first banking firms in the Colorado Territory. Most of their business was in raw gold: dust, nuggets, ore, and rough ingots. They determined quite soon that the expense and danger of shipping their gold to the Philadelphia mint was simply too high. Therefore, since at the time it was legal for private firms to mint their own coins, Clark, Gruber & Co. purchased equipment and dies necessary to do so. They established their own mint in Denver, issuing gold coins in the denominations of $2-1/2, $5, $10 and $20. They began production in July of 1860. Ron Guth writes, "In order to facilitate the circulation of their...$5 gold pieces, Clark, Gruber & Co. mimicked the designs of the federally-issued gold coins of that year. However, instead of LIBERTY on the band of the coronet, the makers placed the name of their firm. On the reverse, PIKES PEAK GOLD replaces UNITED STATES OF AMERICA."

More Information
PCGS # 10136
Grading Service NONE
Year of Issue NONE
Grade NONE
Denom Type N/A
Numeric Denomination $5
Mint Location NONE
Designation NONE
Circ/UnCirc Not Specified
Strike Type N/A
Holder Variety Clark Gruber
Grade Add On NONE
Holder Type N/A

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