Antiques & Collectibles

A catastrophic depression engulfed Colorado in 1893. The government’s decision to adopt the gold standard and stop buying silver hit the mining industry like a cave-in. Unemployment reached 90 percent in Leadville, a city built on silver. Strikes by union miners in Cripple Creek and Leadville led to destruction and death. Political parties split along battle lines of gold versus silver. By 1898, the country had begun to recover, but silver mining was never the same. Using firsthand commentary and more than one hundred historic photographs, John Steinle skillfully commemorates the story of Coloradans trapped in the unprecedented social, economic and political conflict of America’s first great depression.

Established in 1874, before Colorado became a state, Grand County is nestled in the north-central Rocky Mountains. Named for the Grand River (renamed the Colorado River), Grand County encompasses 1,868 square miles, which is larger than Rhode Island. For thousands of years, Indigenous, nomadic tribes enjoyed natural hot springs and summer hunting. Spanish explorers, French fur trappers, and mountain men followed. In 1858, the gold rush brought rugged prospectors, creating towns named Coulter, Gaskill, Lulu City, and Teller. Later, homesteaders, loggers, merchants, and the Moffat Railroad built Arrow, Hideaway Park, Winter Park, Fraser, Tabernash, Granby, Grand Lake, Hot Sulphur Springs, Parshall, Kremmling, and Radium. Today, tourists flock to Rocky Mountain National Park, Arapaho National Forest, and award-winning dude ranches and resorts to enjoy some of the world's most beautiful lakes, mountain ranges, and abundant wildlife.

At the turn of the last century, miner Joseph Lesher attempted to raise the price of silver by privately minting octagonal Referendum souvenir medal coins with values of $1.25 or $1. They were common in Victor, Cripple Creek, Denver and other places in Colorado in the days after William Jennings Bryan fought unsuccessfully for free silver. Surviving an initial dust-up with the Secret Service, Lesher found a loophole to place them in circulation in 1900 and 1901. Today, coin collectors pay more than $1,000 for one. This is the story of Joseph Lesher and his audacious private mint, along with the merchants in the mining towns and elsewhere who supported him.