1860 $5 Clark, Gruber & Co.

Weight

8.36 g

Diameter

24 mm

Thickness

NA

Material

Gold

Shape

Round

Edge Type

Reeded

Technique

Struck

Front design

A coronet-wearing head of Liberty, with the name of the firm "CLARK GRUBER & CO." on the band of the coronet.

Back design

A bald eagle with a shield on its breast, holding an olive branch and three arrows in its talons, with "PIKES PEAK GOLD" inscribed on a ribbon above.

Year of Minting

1860

Ruler

NA

Mint location

Philadelphia

Mint mark

NA

Orientation

Coin alignment

Inscriptions

CLARK GRUBER & CO. | PIKES PEAK GOLD

Context

: In 1860, Clark, Gruber & Co. struck gold coins in denominations of $2.50, $5, $10, and $20. Of the four denominations, the $2.50 is the most common, followed by the $5. The $10 and $20 denominations are much more scarce and highly valued. In order to facilitate the circulation of their $2.50 and $5 gold pieces, Clark, Gruber & Co. mimicked the designs of the federally-issued gold coins of that year. However, instead of LIBERTY on the band of the coronet, the makers placed the name of their firm. On the reverse, PIKES PEAK GOLD replaces UNITED STATES OF AMERICA. As scarce as the 1860 Clark, Gruber & Co. $5 gold pieces are, collectors can still find Mint States examples with relative ease. Low-end Uncirculated examples seem to be the norm, and any examples above MS63 are a real rarity.

Rarity

Rare

Coin type

Colorado Gold (1860-1861)

In circulation

NA

Demonetized

No

Marketplace listings

0