Scotsman Auction Company
Scotsman Auction Company is a St. Louis, Missouri, auction house that sells coins, paper money, bullion and jewelry in live sales with online and absentee bidding. This page covers what it sells, how bidding works, and every buyer cost in its terms, with a direct link to scoins.com.
- Owner
- Scotsman Coin & Jewelry
- Based in
- St. Louis, Missouri
- Buyer's fee
- 18%
- Past due after
- 15 business days
Go to Scotsman Auction Company →How buying worksFees
About Scotsman Auction Company
Scotsman Auction Company is the auction arm of Scotsman Coin and Jewelry, a St. Louis store at 11005 Olive Boulevard. The company is an authorized PCGS and NGC dealer. It also runs a coin show in the St. Louis area. Its Midwest Summer Sale 2025 sold 943 lots.
Sales are held a few times a year, often tied to regional coin shows, plus jewelry and heirloom sales. Lots can be viewed in the store before each sale. Bidders can bid online ahead of time, by phone, by mail or fax on the printed bid form, or live. Online bids are placed by agents on the floor during the sale.
What Scotsman Auction Company sells
How buying works at Scotsman Auction Company
- Make an accountRegister on scoins.com and accept the terms before bidding. Mail bidders sign the bid sheet.
- BidBid online in the days before the sale, by phone with a card, by mail or fax, or in person.
- Add the costsAdd the 18% fee, shipping by value, and Missouri tax on non-coin items delivered in Missouri.
- PayPay after you are notified. The account is past due after 15 business days.
- CollectPick up in St. Louis or get the lots shipped after payment clears.
What it costs
These are the buyer charges in the Scotsman 2026 bidding terms and FAQ.
| What | Cost |
|---|---|
| Buyer's fee | 18% of the hammer price on all sold lots |
| Minimum buyer's fee | None stated |
| Card surcharge | None stated; card limit listed as $25,000 on the home page and $5,000 in the FAQ |
| Shipping, under $100 | $8.75 |
| Shipping, $100 to $999.99 | $11.50 under $200, $13.50 from $200 |
| Shipping, $1,000 to $4,999.99 | $14.50, $18.50 from $2,500, $22.00 from $3,500 |
| Shipping, $5,000 and up | $26.00 under $10,000, $29.00 at $10,000 and above |
| Late payment | 1.5% a month, or 18% a year, plus collection costs |
| Missouri sales tax | 9.488% on currency, jewelry and other items delivered in Missouri; coins and bullion not taxed |
Worked example: a $500 hammer adds a $90 fee for $590. Shipping for a $590 order is $13.50, for $603.50 in total. Coins carry no Missouri sales tax.
Paying, pickup and storage
| When to pay | Due on notice of the win; past due after 15 business days unless credit was arranged. |
| Payment | U.S. funds by PayPal, card, wire, check or money order. Checks must clear first. |
| Shipping | U.S. First Class, Priority or Registered Mail by value. Card buys ship only to the billing address. |
| Pickup | At 11005 Olive Boulevard, St. Louis, after full payment. Weekdays 8 to 5 and Saturday 8 to 4. |
| Phone bidding | Needs a valid credit card; lots over $5,000 can be bid live by phone. |
| Bidder approval | Scotsman can refuse bids from anyone with credit problems or overdue payments. |
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UX Search is independent and is not affiliated with or endorsed by Scotsman Auction Company. Bidding, payment and delivery all happen on the house's own site under its own terms. Information checked October 22, 2026 from scoins.com (bidding terms, bidding FAQs, current auction page, selling page) and Greysheet report on the Midwest Summer Sale 2025; fees and rules can change, so confirm them on the sale page.