Two Alaska institutions are making a bid to bring home a golden spike that was driven into the ground more than a century ago to mark the completion of the Alaska Railroad.

An Alaska museum and city, with help from donors including the Alaska Railroad, have won the auction for a 14-karat gold spike that was part of the railroad’s completion ceremony in 1923. The Anchorage Museum and city of Nenana will take turns displaying the spike,

The golden spike that was used to complete the Alaska Railroad in 1923 will for the first time be on permanent display in Alaska after entities combined to win an action for the 14-karat gold spike Friday.

The total cost of purchasing the 14-karat gold railroad spike at auction, to reclaim a piece of Alaska Railroad history, was $201,600.

The city of Nenana collaborated with the Anchorage Museum and other private donors to purchase the golden spike at a Christie’s Auction House auction in New York City.

President Warren G. Harding drove a golden spike into the final coupling of the Alaska Railroad more than a century ago, a ceremonial act that marked the

In this July 15, 1923, image provided by the CIHS Collection, Anchorage Museum, President Warren G. Harding drives the final golden spike at the new Alaska Railroad bridge in Nenana,

President Warren G. Harding drove a golden spike into the final coupling of the Alaska Railroad more than a century ago, a ceremonial act that marked the launch of a system to easily bring coal and other natural resources out of the wilderness.

The golden spike that was used to complete the Alaska Railroad over a century ago will be on permanent display in Alaska.

Two Alaska institutions are making a ... ago to mark the completion of the Alaska Railroad ANCHORAGE, Alaska -- President Warren G. Harding drove a golden spike into the final coupling of the ...

The 24-karat spike was hammered by President Warren Harding in a 1923 ceremony, but it has been out of Alaska almost every year since then.

The golden spike that was used to complete the Alaska Railroad over a century ago will be on permanent display in Alaska for the first time after entities combined to win an action for the 14-karat artifact Friday.