The spike's installation marked the completion of the Alaska Railroad in 1923. It's spent most of the time since then in the hands of private owners

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 Anchorage Museum, along with the City of Nenana, bought a special railroad spike at a Christie’s auction for $200,000. The spike is made of 14-karat gold and is rich with history.

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 Anchorage Museum and the city of Nenana, joined forces to bring home the Golden Spike, an iconic piece of railroad history.

The golden spike used to complete the Alaska Railroad over 100 years ago will now be permanently displayed in Alaska for the first time after it was won in an auction

A variety of private donors supplied money for the purchase, the museum and city of Nenana said in their statement.

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.

The golden spike used to complete the Alaska Railroad over 100 years ago will now be permanently displayed in Alaska for the first time after it was won in an auction

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 iconic 14-karat gold spike, part of the 1923 Alaska Railroad completion, is returning to Alaska after nearly 100 years. The Anchorage Museum and City of Nenana will alternate its

Nenana said “safe travels” to Jonathan Hayes and his team on Monday as they took off to recreate the Serum Run 100 years later.