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Archive for the ‘Million dollar coin’ Category

Part I, the” EARLY DATES”, of the Dan Holmes Large Cent Auction has elevated several of those special Early American Coppers to a new height.  The legendary 1795 Reeded Edge Sheldon-79 brought $1,260,000 (with the 15% buyer’s commission); a new record price paid for any US Large Cent.   For a video replay of this lot use this link(1).  Apparently purchased by a dealer for a serious large cent copper specialist.  However, it wasn’t the only star amongst the group.  Lot 352, the Mint State 1799 Sheldon-189, considered by many to be the most valuable large cent in the auction, came in a close second at $977,500 (including the commission).  Marvelous results for all Large Cent collectors and investors.

But that’s only the beginning.  Lot 24, the Finest Known Bisected Obverse 1793 Sheldon-14 was hammered down at $506,000 including the buyer’s commission.  Then there was Lot 531which was the Unique Certified Mint State 1804 Sheldon-266c graded MS 63 BN by PCGS that fell at $661,250 with the commission.

The Sheldon-Holmes Color Set which consisted of 6 Colonials and 60 Large Cents sold for $37,950 with the 15% commission.

We will have a more detailed analysis as we digest the  results. Congratulations Dan and Family, Ira and Larry, and of course Chris and Bob.

(1) Video Courtesy of H Craig Hamling.

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