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“Bite-Size Bits of Local, National, and Global History”
“Bite-Size Bits of Local, National, and Global History”
Denver in Denver County, Colorado — The American Mountains (Southwest)
 

Clark and Gruber Mint

1860

 

—Lower Downtown Walking Tour —

 
Clark and Gruber Mint Marker image. Click for full size.
By Barry Swackhamer, October 14, 2008
1. Clark and Gruber Mint Marker
Inscription. In the 1860’s, when gold from Colorado’s grubstakes began flowing into Denver at a mad pace, the costly and risky problem of shipping it to banks back East was neatly solved by Clark, Gruber and Co. In a building near this site, the banking firm began minting gold coins from raw metal in August 1860. The service was wildly popular among locals. This was one of the few times and places in U.S. history that a financial institution simultaneously conducted commercial banking and a gold coin minting operation. However, when Congress moved to prohibit the private mining of coins in 1863, the U.S. Treasury recommended at Clark & Gruber be purchased as a U.S. Mint office to assay and purchase gold. Funding for that purchase was made available in 1863, but inexplicably the Denver Branch of the U.S. Mint never “coined” any money on this site. The reorganized banking operations of Clark & Co, moved to 1405 15th Street and received a National Bank charter on May 10, 1865 under the name of First National Bank of Denver. In 1906 the U.S. Mint moved to its present location at 329 West Colfax and began minting coins. The old Clark & Gruber building was demolished in 1906, but the original minting equipment is preserved in the Colorado History Museum at 1300 Broadway.
Lower Downtown District
 
Erected by
The Clark and Gruber Mint image. Click for full size.
By Web image, n/a
2. The Clark and Gruber Mint
Lower Downtown Historic District.
 
Location. 39° 45.006′ N, 104° 59.904′ W. Marker is in Denver, Colorado, in Denver County. Marker is at the intersection of 16th Street and Market Street on 16th Street. Touch for map. Marker is at or near this postal address: 1401 Market Street, Denver CO 80202, United States of America.
 
Other nearby markers. At least 8 other markers are within walking distance of this marker. St. Elmo Hotel (about 500 feet away, measured in a direct line); Constitution Hall (about 500 feet away); Sugar Building 1906 (about 600 feet away); Let the Buyer Beware (about 600 feet away); Mint Robbery (about 600 feet away); Henry Lee Building - 1907 (about 700 feet away); Larimer Street (about 700 feet away); Oxford Hotel and Annex (approx. 0.2 miles away). Touch for a list and map of all markers in Denver.
 
Also see . . .
1. Clark, Gruber & Co. and the First National Bank of Denver - Wells Fargo blog. (Submitted on January 17, 2012, by Barry Swackhamer of San Jose, California.)
2. Colorado Territorial Gold - The Frederick Mayer collection. (Submitted on January 17, 2012, by Barry Swackhamer of San Jose, California.)
 
Categories. Industry & CommerceSettlements & Settlers
 
 
Credits. This page was last revised on June 16, 2016. This page originally submitted on January 17, 2012, by Barry Swackhamer of San Jose, California. This page has been viewed 718 times since then and 42 times this year. Photos:   1, 2. submitted on January 17, 2012, by Barry Swackhamer of San Jose, California. • Bill Pfingsten was the editor who published this page.
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