1860 Clark, Gruber & Co. Gold $2.50. Kagin-1. Rarity-4. MS-65 PCGS.

Currency:USD Category:Coins & Paper Money Start Price:20,000.00 USD Estimated At:60,000.00 - 70,000.00 USD
1860 Clark, Gruber & Co. Gold $2.50. Kagin-1. Rarity-4. MS-65 PCGS.
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This item SOLD at 2017 Mar 10 @ 02:52UTC-5 : EST/CDT
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1860 Clark, Gruber & Co. Gold $2.50. Kagin-1. Rarity-4. MS-65 PCGS.
This is what Gem quality is all about, especially within the pioneer-territorial gold discipline. The brightly lustrous and delightfully satin-like yellow gold surfaces emit a pleasing olive glow throughout. The strike is bold for this type struck from high-relief dies, but the gold flow at the time of striking was fairly favorable throughout, leaving just trifling weakness at the exact center on each side. Clark & Co. on Liberty’s tiara – the whole company name never would have fit in such a limited space in a die.

Exceptionally rare this fine, a statement that no doubt applies to most gold federal issues of the date as well. For example, a federal quarter eagle of the same date and grade combination is also a rare prize in a PCGS holder with but two certification events; still, the Clark, Gruber & Co. quarter eagle offered here represents the sole example of Kagin-1 in PCGS Mint State-65 (an NGC MS-66 exists) and will be widely appreciated for that very reason. This may well be one of those once-in-a-lifetime events we all hear so much about. We can’t imagine this specimen being bandied about from here to there in numismatics, but rather envision it ensconced in a proper cabinet of pioneer-territorial gold for years to come. One glance here and you will experience the outer edge of near-perfection in a pioneer gold coin.

PCGS Population: 1; 1 finer (MS-66).
NGC Census: 2; 1 finer (1 MS-65 and 1 MS-66).

PCGS Coin Facts