SOLD
22,000.00USD+ buyer's premium (4,400.00)
This item SOLD at 2020 Feb 27 @ 21:19UTC-5 : EST/CDT
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Colorado. Denver, Territory of Jefferson. 1860 Clark, Gruber & Co. $10. Kagin-3. Reeded Edge. Rarity-5. AU-58 NGC.
A deep orange-gold specimen coined from “PIKES PEAK GOLD” as proudly proclaimed on the obverse above a depiction of Pikes Peak that resembles Dairy Queen soft serve ice cream more than anything else. Evenly and lightly worn with no marks of substance available to the naked eye. Colorado would become a state in 1876, but in 1860 it was no more than the frontier of the legendary wild, wild west. Clark, Gruber & Co. filled the void for much needed gold coins for commerce. When gold was discovered near the eventual new town of Denver in late 1858. “Pikes’ Peak or Bust” was emblazoned on hundreds of Calistoga wagons as prospectors once more braved Indians, desert and disease to get to the new Eldorado. The most productive coiner of Colorado gold was the firm of Clark, Gruber & Co. These grocers turned coiners struck $2 ½, $5, $10, and $20 gold pieces in 1860 and 1861 until the U.S. government purchased their operation and the gold fields petered out. The 1860 $10 and $20 denominations were supposed to depict a rendering of noted mountain, Pikes’ Peak but the Philadelphia engraver clearly had no clue as to what it looked like. As a result the company was so ridiculed that they had to change the design to the familiar Liberty head. Today’s surviving specimens, especially of the “mountain” coinage always do well with Pioneer gold aficionados and at bidding time, and we expect some interest in this attractive specimen.
Grading Company: NGC AU58
Pedigree/Collection:
Auction Location:
Cobb Galleria Center- 2 Galleria Pkwy SE, Atlanta, Georgia, 30339, United States
Previewing Details:
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Taxes:
| Tax | Rate | Desc. |
| GA |
8.9% |
GA Sales Tax |
| DC |
5.75% |
DC Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
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www.kagins.com xv
Terms and Conditions of Sale (Continued)
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