View All 1860 Clark, Gruber & Co. Gold Pieces

1860 Clark, Gruber & Co. Twenty Dollar

Strike Type
1860 Territorial coin

Coin Details

Year
1860
Denomination
Territorial
Strike Type
Regular Strike
Series
Colorado Gold (1860-1861)
Composition
Gold

Auction Record

Price realized
$690,000
Sold
Grade
MS64
Auction house
Heritage Auctions

Description

This is the 1860 Clark, Gruber & Co. twenty-dollar gold piece with the mountain design. Austin M. Clark, Milton E. Clark and Emanuel H. Gruber ran a brokerage firm in Leavenworth, Kansas, and opened an office in Denver during the Pikes Peak gold rush. To save the cost of shipping gold dust east they opened a mint in a two-story brick building at Market and 16th Streets on July 25, 1860, first striking ten-dollar pieces showing a mountain with PIKES PEAK GOLD and DENVER, and soon twenty-, five- and two-and-a-half-dollar pieces. Over almost three years they coined $594,305 in gold, and in April 1863 the Treasury bought the building, which became a United States Assay Office. It was made heavier than the federal double eagle, at the same value (WIKI). Catalogue number: K-4. PCGS number 10138.

Cross References

K-4

External References

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