SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934

Date of Report (Date of earliest event reported): May 14, 2004

SCOTT'S LIQUID GOLD-INC.
(Exact name of Registrant as specified in its charter)

Colorado                 001-13458            84-0920811
(State or other          (Commission File    (I.R.S. Employer
 jurisdiction             Number)             Identification No.)
 of incorporation)


4880 Havana Street, Denver, CO                  80239
(Address of principal executive offices)        (Zip Code)

Registrant's telephone number:   (303) 373-4860



Total pages: 4
Exhibit index at: 3



Item 5.     Other Events and Regulation FD Disclosure.


            On May 14, 2004, Scott's Liquid Gold-Inc. announced
            in a press release that the Company may purchase up
            to 200,000 of its $0.10 par value common stock in the
            year 2004 for contribution to the Company's Employee
            Stock Ownership Plan (ESOP).  A copy of the press
            release is filed as an exhibit to this Report and is
            incorporated herein by this reference.


Item 7.     Financial Statements and Exhibits.

(c)   Exhibits.   The following exhibit accompanies this Report:

                  Exhibit No.    Document
                    99           Press Release dated May 14, 2004
                                 stating that the Company may
                                 purchase up to 200,000 of its
                                 $0.10 par value common stock in
                                 the year 2004 for contribution to
                                 the Company's Employee Stock
                                 Ownership Plan  (ESOP).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.


SCOTT'S LIQUID GOLD-INC.
(Registrant)


Date:  May 14, 2004            /s/ Jeffry B. Johnson
                               -------------------------------
                               By: Jeffry B. Johnson
                               Chief Financial Officer and
                                Treasurer


EXHIBIT INDEX

Exhibit
Number        Document
99            Press Release dated May 14, 2004 stating that the
              Company may purchase to 200,000 of its $0.10 par
              value common stock in the year 2004 for
              contribution to the Company's Employee Stock
              Ownership Plan (ESOP).


                                                 EXHIBIT 99


For Immediate Release

SCOTT'S LIQUID GOLD-INC. TO PURCHASE
SHARES FOR ESOP CONTRIBUTION

DENVER, Colorado (May 14, 2004) - Scott's Liquid Gold-Inc.
(OTC BB:  "SLGD"), which develops, manufactures and markets
household and skin care products, today announced that the
Company may purchase up to 200,000 shares of its common stock
in the open market in 2004.  The shares will be purchased from
time to time depending upon market conditions and the Company's
financial condition.  The Company intends to contribute the
repurchased shares to the Company's Employee Stock Ownership
Plan (ESOP).

Scott's Liquid Gold-Inc. develops, manufactures and markets
high quality household and consumer products, including Scott's
Liquid Gold wood cleaners/preservatives, Touch of Scent air
fresheners, Alpha Hydrox skin care products, and Neoteric
Diabetic Skin Care products.  Scott's Liquid Gold-Inc. also
distributes skin care sachets of Montagne Jeunesse.  The
Company is headquartered in Denver, Colorado, and its common
stock trades on the OTC Bulletin Board under the symbol "SLGD".

Additional information on Scott's Liquid Gold-Inc. and its
products can be accessed on the World Wide Web:
www.scottsliquidgold.com, www.alphahydrox.com,
www.touchofscent.com, and www.neotericdiabetic.com.

This press release may contain "forward-looking" statements
within the meaning of U.S. federal securities laws.  These
statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements and the Company's performance
inherently involve risks and uncertainties that could cause
actual results to differ from such forward-looking statements.
Factors that would cause or contribute to such differences
include, but are not limited to, continued acceptance of the
Company's products in the marketplace; acceptance in the
marketplace of the Company's new product lines; competitive
factors; continuation of the Company's distributorship agreement
with Montagne Jeunesse; the need for effective advertising of
the Company's products; limited resources available for such
advertising; new product introductions by others; technological
changes; dependence upon third-party vendors and upon sales to
major customers; changes in the regulation of the Company's
products, including applicable environmental regulations; adverse
developments in pending litigation; the loss of any executive
officer; and other risks discussed in this release and in the
Company's periodic report filings with the Securities and E
xchange Commission.  By making these forward-looking statements,
the Company undertakes no obligation to update these statements
for revisions or changes after the date of this release.

For further information, please contact:
Jeffry B. Johnson at (303) 373-4860