Lot 2254
1861 Clark, Gruber & Co. (Denver, Colorado) $5 Gold PCGS graded Genuine AU Details. Surface tooled. We like this coin and believe that it is okay. Lovely toning. Struck in what was known as the Jefferson Territory (Colorado) in very limited quantities. Experts quote the mintage at about 6,920, but as with other Pioneer gold coins, many saw extensive circulation and many were melted to be struck into federal gold coinage. On April 16, 1863 the federal government purchased the Clark-Gruber & Co. firm with all of its equipment which eventually became the Denver mint (PCGS # 10140) .
Estimated Value $4,000 - 4,500.
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| Realized $3,450 |
