© Stacks Bowers
© Stacks Bowers
2½ Dollars - Clark, Gruber and Co.
1860 year| Gold (.829) | 4.55 g | - |
| Issuer | Colorado gold (United States (pre-federal and private/territorial)) |
|---|---|
| Type | Standard circulation coin |
| Year | 1860 |
| Value | 2½ Dollars (2.50) |
| Currency | Dollar |
| Composition | Gold (.829) |
| Weight | 4.55 g |
| Shape | Round |
| Technique | Milled |
| Demonetized | Yes |
| Updated | 2024-10-09 |
| Numista | N#384962 |
|---|---|
| Rarity index | 97% |
Reverse
Eagle facing, U.S. emblem on breast, holding arrows and sprig in claws.
Script: Latin
Lettering:
PIKES PEAK GOLD DENVER
2 ½ D .
Translation: 2 ½ Dollars
Comment
Clark, Gruber and Company was established at the height of the Colorado Gold Rush, a decade after the California Gold Rush, to coin gold from the local mines. After making its last coins in 1861, the company continued producing ingots in 1862, and it was formally bought by the U.S. Treasury in 1863. It functioned for more than four decades as an assay office, before a new facility officially opened as the Denver Mint in 1906.According to the linked source of the photos, the purity was 0.8285, and the weight of the coins was higher than Federal issues to the extent of 23 grains for a $10 coin. With the Federal quarter eagle at 4.18 grams, this means the Clark, Gruber equivalent type would have been nearly 6 grains (or 0.37 grams) heavier than a Federal quarter eagle, bringing the weight to 4.55 g.
Interesting fact
One interesting fact about the Clark, Gruber and Co. 1860 $2.50 gold coin is that it was minted during the Pike's Peak Gold Rush, which was a significant event in the history of Colorado and the United States. The coin was made from gold that was mined in the region, and its production was a testament to the growth and development of the mining industry in the area.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 1860 | 1500 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 2½ Dollars - Clark, Gruber and Co. 1860 coin.