Scotsman Auction Co. hosted its Midwest Summer Sale on July 21 as
part of the Missouri Numismatic Society’s 57th Annual Coin Festival at
the Saint Charles Convention Center in metropolitan Saint Louis. Rare
gold coins were standouts in the auction, which realized more than
$1.6 million across 1,096 lots. Among the more interesting offerings
was an 1873 Proof set with 14 coins from the Indian Head cent to the
Trade dollar, each graded by Numismatic Guaranty Corp. ranging from
Proof 60 Cleaned to Proof 65, that sold for $12,075.
Here’s one of three gold coin standouts that sold at the
recent Scotsman Auction:
1854-D Coronet, Large D gold $5 half eagle, Fine 12
The Dahlonega Mint in Georgia struck 56,413 1854-D Coronet gold $5
half eagles with two distinct Mint mark types employed: a Large D and
a Medium D. While some examples of this issue have weak Mint marks,
the offered example shows a bold Large D and is remarkably
problem-free for a coin graded PCGS Fine 12.
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As Scotsman records, “For such a well worn Dahlonega five, this is a
very attractive specimen, full of vintage appeal and affected by
strictly honest wear. The mustard gold surface retains boldly outlined
features, and ashy grey accents worked into the recesses only enhance
the visual sharpness.”
The fallout from the Enhanced Uncirculated Coin
Another column in the August 21 weekly issue of Coin World reveals
that while forms of numismatic literature like fixed-price lists
were meant to be fleeting, they can actually be quite useful.
Considering that many Branch Mint gold coins of this era in lower
grades have problems such as improper cleaning, scratches or even
evidence of being salvaged from shipwrecks, at $1,265 the subject coin
offered a great opportunity for a collector to buy a quality coin from
this tough Mint at a reasonable price.