This article was originally printed in the latest issue of Numismatic News.
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Classic collector coins including a 1797 half dime with 15 stars graded MS-62 by Numismatic Guaranty Corp. will be among the highlights of Scotsman’s Midwest Summer Sale to be conducted July 23 at the St. Charles, Mo., Convention Center.
With an estimate of $16,500-$17,500, the coin is described by the cataloger as “brighter than it should be after two centuries.”
Of the assigned MS-62 grade, the cataloger writes: that it “seems to be a compromise between sensible judgment of preservation and cabinet friction on the eagle’s breast.”
Another highlight of the almost 1,250-lot auction is an 1809 Capped Bust half dollar, Overton-109a, graded NGC-65*.
Notes the catalog: “Even ignoring the ‘star,’ population reports show that NGC has certified eight coins in MS-65 for the date, with three exceeding that level.”
The coin has an experimental edge that has on it what looks like a series of I’s between words, says cataloger John Bush.
Called a “remarkable gem,” the coin also has “electrifying color.”
Estimate is $24,00-$27,000.
Silver dollars will find an 1895-S Morgan silver dollar, VAM-4, that NGC grades MS-65 Prooflike going on the block.
The catalog description notes that only eight coins have achieved this grade and none is graded higher.
Estimate is $15,000-$17,000.
Among the gold coins offered, a Mormon $5 coin of 1860 graded NGC VF-20 is expected to bring $21,000 to $25,000.
The catalog notes that these coins were soft and wore quickly and this particular piece has “even wear on both sides and pale canary-gold color.”
Twenty-eight lots of $1 gold pieces start the federal gold coin section of nearly 300 lots.
Among the Liberty Head $10 gold pieces is an example of the 1841-O, which is the first coin of that denomination struck by the New Orleans Mint.
The coin is graded XF-40 by the Professional Coin Grading Service and carries an estimate of $4,000 to $5,000. With a mintage of 2,500, no coins surviving today grade above AU, the catalog says.
The sale also features more common New Orleans Mint pieces, an NGC XF-40 1850-O $10 with an estimate of $775-$900 and an ANACS AU-53 1851-O $10 with an estimate of $800 to $1,100.
An estimate of $10,500-$12,000 is attached to an 1884-S Liberty Head gold $20 graded PCGS MS-64.
For more information about the auction, visit the firm’s website at www.scoins.com, or telephone (800) 642-4305.
Scotsman’s mailing address is 11262 Olive Blvd., St. Louis, MO 63141-7653.