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1795 Reeded Edge Large Cent At Auction For The First Time In 50 Years

1795 Reeded Edge Large Cent At Auction For The First Time In 50 Years

A 1795 Reeded Edge large cent, NGC VG Details – The ‘House of Davis McKinney’ Specimen, will be sold at auction for the first time in 50 years on Jan. 7, 2016. It will be presented as part of the Heritage Platinum Night offerings held in conjunction with the Florida United Numismatists (FUN) Convention. The coin is one of just 10 examples known and is the fifth finest of all the coins. Greg Rohan, president of Heritage Auctions, explains: “The coin has been known to the large cent community since 1964, but has never been seen until now.

1795 Reeded Edge Large Cent At Auction For The First Time In 50 Years
1795 Reeded Edge Large Cent At Auction For The First Time In 50 Years

“It’s a thrill to handle this coin. Heritage is the only firm that has handled four different Reeded Edge large cents out of the 10 known. No other house has seen more than two of them.”
A coin dealer’s list in 1964 offered a “1795 Sheldon-79 Reeded Edge cent” for sale – this very coin. That listing prompted large cent researcher Del Bland to record the coin in his Condition Census for the variety, although the coin was unseen at that time, and has been recorded as an “untraced” specimen in every published census since that time.

1795 Reeded Edge Large Cent At Auction For The First Time In 50 Years
1795 Reeded Edge Large Cent At Auction For The First Time In 50 Years

The Reeded Edge cent variety was discovered in 1862 when an example was described with a “Milled Edge.” A second example appeared in an 1890 W. Elliot Woodward catalog, and is now part of the ANS Collection. The third example, and currently the finest known, was discovered in 1915 and grades VG8. Six others have been located since that time, and the current House of Davis McKinney specimen brings the census to 10 known examples.

1795 Reeded Edge Large Cent At Auction For The First Time In 50 Years
1795 Reeded Edge Large Cent At Auction For The First Time In 50 Years

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Written by Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.

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