Lot 4894
1860 Clark, Gruber & Co. (Denver, Colorado) $2.50 Gold. NGC graded MS-63. Lovely golden toning on both sides. A very choice example of this scarce Colorado Territory issue, struck on a perfect light greenish gold planchet, the luster fresh and original with natural aging. The strike is better overall than average for the issue, with high rims and complete dentils, while the devices are only slightly rounded and about typical for this issue. The softness is found at the centers on both sides, but to be fair, this is not unexpected. Any marks are limited in size and are few, we note a small rim indentation between stars 8 and 9 on the obverse and an equally meaningless hairline in the field between the words PEAK and GOLD on the reverse. All in all a gorgeous Mint State 63 specimen we believe discriminating collectors will find attractive.
Clark, Gruber & Co., Leavenworth, Kansas bankers, formed a branch of their establishment in Denver after gold was discovered in the region in the 1850s. Clark, Gruber became the largest mint in the Territory. Its operation would subsequently form the basis for the Denver Mint government mint. Pop 4; 3 finer; 1 in 64; 2 in 65 (PCGS # 10135) .
Estimated Value $15,000 - 17,000.
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