This article was originally printed in the latest issue of Numismatic News.
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A 1794 silver dollar will highlight the Collectors’ Auction to be conducted Oct. 15 by Scotsman in conjunction with the Silver Dollar and Rare Coin Expo in St. Charles, Mo.
One of a large number of early American coins, the 1794 dollar is B-1, BB-1, and is graded VF-30 by the Professional Coin Grading Service, notes cataloger John Bush.
“Details are easily consistent with that grade, notwithstanding the weakness on the left side of the obverse, but even the ‘weakness’ is stronger than seen on most, according to the catalog.
“It is possible that a repair has been made next to the third star, and another in front of Liberty’s lips, midway between the throat and 12th star, but neither is anything that would or should prevent such an important rarity from earning the VF-30 grade,” Jay Woodside’s description says.
The coin is estimated to bring $95,000-$125,000.
A group of 98 lots of half cents will be featured in the 1,019-lot auction.
Leading off the group is a 1796 no pole coin, Cohen 1, Breen 1, graded G-6 by ANACS.
This James A. Stack specimen is expected to bring $59,000 to $65,000.
A 1796 half cent with the pole, Cohen 2, and graded a raw VG with obverse scratches is estimated at $14,500-$17,000.
An 1802 2/0 reverse of 1800 half cent grades a raw VG with porosity. The Cohen 1 piece is estimated at $39,000-$44,000.
Bush said there were 16 half cent lots with estimates of $5,000 and higher.
Other coins in the auction include an 1812 Capped Bust gold $5 graded MS-63 by Numismatic Guaranty Corp. that is expected to bring $21,000-$25,000.
The catalog describes the coin as, “This crown jewel is thoroughly suffused in canary-gold tone that dominates the vast central portion of each side, and concedes the peripheral areas to richer chartreuse-yellow tint.”
Being perhaps the most available of the proof Liberty Head $20 gold pieces does not mean a 1904 graded Proof-65 by PCGS is a common coin. An estimate of $65,000 to $75,000 is attached to it in the auction catalog.
For more information about the Scotsman auction, visit the website at www.scoins.com, or telephone (800) 642-4305.