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Gold $20 tops Scotsman sale

A Proof-65 1904 $20 gold piece will be among the highlights of Scotsman Auction Company’s Midwest Summer Sale 2009 slated for July 24 at the St. Charles, Mo., Convention Center.

Housed in a Professional Coin Grading Service green label holder, the double eagle is described as, “the obverse portrait, stars and numerals are all frosted with pleasing satiny texture, though the reverse devices are less so rewarded.”

Catalogers estimate the coin will bring $67,000-$70,000.

Another gold highlight in the approximately 250 gold coin lots to be offered in the nearly 1,300-lot auction is a round 1915 Panama-Pacific commemorative gold $50.

The coin is described as having AU attributes but the PCGS holder simply describes it as genuine.

“The surface damage observed by the graders at PCGS refers to a surface aberration in the field left of the owl’s head that looks like miniature claw marks,” the cataloger writes.

Nevertheless, the estimate is $28,000-$32,000.

The Scotsman auction also features a run of Bust and Capped Bust half dollars from the Forest Park Collection.

An MS-68 1864 Seated Liberty quarter is expected to achieve a bid of $19,500 to $22,500. Only one other has been graded by PCGS in the same grade and there is none finer.

The cataloger says, “studious technical analysis of the surfaces fails to reveal any large blemishes.”

It is one of the featured coins in a group of 14 Seated Liberty quarters.

For more information, contact Scotsman at 11262 Olive Blvd., St. Louis, MO 63141-7653. Telephone (800) 642-4305, or visit the Web site at www.scoins.com.

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