Very Rare Mint State 1860 Clark, Gruber & Co. $10 NGC MS60

In 1860 and 1861, Clark, Gruber & Co. of Denver produced gold pieces in four denominations, $2.50, $5, $10, and $20. Substantial quantities of gold were mined in the region around Denver, including the most famous community, Cripple Creek. The firm was operated by Milton Clark, Austin Clark, and Emanuel Henry Gruber. The Clark brothers were wholesale grocers in Leavenworth, Kansas, and they teamed with Gruber, formerly a St. Louis bank cashier, to pursue assaying, minting, and banking. They  issued their first gold coins in July 1860. The purpose of these private gold pieces was much the same as it was a decade earlier in California. Gold dust and small nuggets were valued over a wide range by merchants, and the issue of private gold coins solved the problem. The NGC population is just 6 with 15 higher. Listed at $54,400 in the CDN CPG and $54,500 in the NGC price guide.

Offered at $42,350 delivered

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