Category Archives: Highlights

Large cent specialist reports fifth NC-11 1794 Liberty Cap cent

Piece graded About Good 3 is tied for third place in EAC census

By Paul Gilkes-Coin World Staff | Jan. 19, 2012 8:00 a.m.
Article first published in 2012-01-30, U.S. Collectibles section of Coin World 

The fifth known example, shown, of the NC-11 variety of 1794 Liberty Cap cent, in About Good 3 is tied for third place in the Early American Coppers’ Condition Census. The piece was recently attributed.

Images courtesy of Mike Swift.

The fifth-known example of the Noncollectible 11 variety of 1794 Liberty Cap cent was reported Jan. 7 during the Early American Coppers meeting held in conjunction with the Florida United Numismatists convention in Orlando. The new example was reported at the EAC meeting by Greg Hannigan from Hannigan’s Rare Coins LLC, in Royal Palm Beach, Fla. All known examples are heavily circulated, with the finest known, the initial discovery piece, being a Very Good 8, and the lowest a Fair 2. Noncollectible attributions represent those varieties whose rarity is such to afford fewer than a half dozen examples being in collectors’ hands. The NC-11 1794 Liberty Cap cent is not listed in William H. Sheldon’s 1958 Penny Whimsy, since the variety was not attributed until four decades after the publicaton of Sheldon’s book. The variety is identified in Walter Breen’s Encyclopedia of United States Large Cents as “NC 11.”

Tied for third
Bob Grellman, large cent specialist, researcher and cataloger, and EAC Region 4 chairman, said Hannigan’s example, in About Good 3, ties for third in ranking on EAC’s Condition Census for the variety. Hannigan said he acquired the fifth known example of the NC-11 1794 Liberty Cap cent during the Whitman Coin and Collectibles Expo in Baltimore in November, and sold it for an undisclosed sum during the FUN show to Tennessee collector Mike Swift, who was seated in the same row of chairs as Hannigan during the EAC meeting. Hannigan said the coin had been previously acquired by eBay seller Jeremy Mayor, and submitted to large cent attribution expert James Young Jr., who now, along with his brother Chris, is responsible for finding or attributing three of the five known NC-11 cents. The NC-11 variety was initially discovered in 1995 by James H. Young (no relation to James Young Jr. or Chris Young), who attributed the previously unknown variety more than four decades after it was originally acquired by its owner.

Ossining, N.Y., grocer Harry Leifer received that discovery coin over the counter at his grocery store circa 1950 and kept the coin until his death in 1991. In 1995, Leifer’s son, Bret, who inherited the coin, had it attributed as the new NC-11 variety by James H. Young. The Very Good 7 coin was subsequently sold to consummate large cent collector Robinson S. Brown Jr. in a private sale.
The coin was sold at public auction in 1996 by Superior Stamp & Coin Co. for $23,100 to collector Daniel W. Holmes Jr.
Ira and Larry Goldberg, Auctioneers, sold the Holmes’ coin at public auction in September 2009 for $26,450.

Diagnostics
The NC-11 1794 Liberty Cap cent pairs the Obverse 11 die with Reverse K. (Researchers assign the obverse dies a numerical designation and reverse dies an alphabetical designation.)
Obverse 11 is noted by, according to Breen: “Very wide date, spaced 17 94 with the 9 and 4 tipped to the left. Hair ends in seven thin sharp locks. Most are longer than usual, the bottom is shorter than usual, and the top two are unusually far apart. Pole does not enter the cap. Shallow shoulder loop. Dentils at the left and top are joined for much of their length. Narrow extra dentil between two wider ones opposite the base of the cap. liberty is unusually close to the border with li and er closer together than other letters. Heavy period between the bases of li and another at the base of i.” According to Breen Reverse K diagnostics are: “The ribbon knot is large. Broken or incomplete leaves are below ta, above o(n) and (n)e, and below ri. The inner leaf nearest (n)t is narrow, the left leaf below that t is weak at left, and later looks as though something has taken a bite out of its left edge. Six berries on each branch with that right of (n)e minute, its stem faint and incomplete. Fraction bar is nearer the numerator, which is above the right curves of the first 0.

u is low and its base is heavy.”

III. The Quality of this Chain Cent

This 1793 Chain Cent is PCGS graded “MS-65,” which indicates that it is a gem quality coin, in the view of PCGS graders. Further, it has a sticker of approval from the CAC. My inquiries suggest that most expert graders are accepting of the 65 grade. It was also PCGS graded MS-65 when it was last auctioned, in 2004.

My tentative impression is that it was encapsulated by the PCGS at some point after May 1996 though before 1999. I wish I had kept my old PCGS population reports.

Specialists in die varieties of early copper coins do not grade it as MS-65, because, in their view, a MS-65 grade coin must exhibit a substantial amount of original mint red color. This coin is designated as being ‘brown’ by experts at the PCGS even though it is mostly a red-tan color, because its ‘red’ is not original. Unlike a club of specialists in the varieties of early copper coins (the EAC), the PCGS and the NGC separate a designation of color (Brown , Red & Brown, or [mostly] full Red) from the factors that are employed to compute each copper coin’s grade.

There are very few gem quality Chain Cents of any die variety. In regards to the Eliasberg-Atwater-Jung 1793 Chain Cent, my guess is that it would have brought the same result if, imaginatively, it was a different variety of Chain Cent. A fortunate aspect of this (with periods) variety, however, is that the head of Miss Liberty tends to be more attractive than the respective heads on the Chain Cents of the other two groups, which are often known as ‘AMERI.’ (S-1 variety) and ‘AMERICA’ spelled out with no periods (S-2 and S-3 die pairings).

On the Eliasberg-Atwater-Jung Chain, Miss Liberty’s hair and face are exceptionally sharp and have toned a neat shade of tinted brown. The color of Miss Liberty’s head contrasts well with the red-tan fields, which are characterized by thin brown streaks. Its color, however, is not the most impressive aspect of the Eliasberg-Atwater-Jung Chain Cent.

Indeed, I was not impressed by the color. The wonderful characteristics of this coin are its sharply detailed strike, its lack of contact marks, and the fact that it was struck on a planchet (prepared blank) that had minimal imperfections. Many large cent planchets (prepared blank circular pieces of metal) had problems, which affect the eye appeal and/or technical integrity of the coins that were struck on these blanks. The planchet on which this coin was struck had only minor imperfections that are not bothersome, in my view.

“Its got a planchet flaw around 7:00,” Greg Hannigan remarks. “Some collectors are bothered by such a thing. I like the surfaces and it is struck beautifully, ” Hannigan exclaims. He is a leading dealer of large cents. Walt Husak, a famous collector of large cents, declared that “its beautiful” overall.

The Eliasberg-Atwater-Jung Chain Cent is “amazing,” Matt Kleinsteuber declares. “It really glows and has no friction. I love that coin,” Matt reveals. Kleinsteuber is the lead trader and grader for NFC coins.

Perhaps the most noteworthy aspect of the Eliasberg-Jung Chain Cent is the fact that it has no especially noteworthy contact marks. With a 20-times magnifying glass, I found many slight indentations. Without a magnifying glass, or even with a 3-times magnifying glass, it is hard to find even one significant contact mark. It is common for certified ‘mint state’ large cents to have many contact marks. For grading, experts tend to use three times or five times magnifying devices.

IV. The Auction Result

I was startled by the $1.38 million result. Similarly, Hannigan “was very surprised that it went for that much. [He] was figuring that it would sell for around $925,000.” Chris McCawley, another leading dealer of large cents, had predicted that it would sell for “$850,000 to $975,000. All the really great coins are bringing great prices,” Chris finds, though “off quality coins” are a different matter.

Before the auction, the PCGS price guide valued this coin at “$750,000” and the Numismedia.com guide valued “MS-65” grade Chain Cents, as type coins, at “$375,000” each. It is unlikely, though plausible, that leading bidders for this coin focused upon its variety. Most likely, they would have been willing to put forth the same respective bids for a Chain Cent of any variety that is of equal to or of higher quality than this one, though the ‘AMERICA’ varieties (S-2 and S-3) tend to have much less well defined heads of Miss Liberty.

I asked Greg Hannigan and Chris McCawley to estimate the number of Chain Cents of all varieties that are, or would be if submitted, PCGS graded 65 or higher, of all designations.Hannigan said “nine” and McCawley said “seven.” I wonder if there are more than nine. Though I have not yet had a chance to unearth all of my notes. I am almost certain that I have seen six that are PCGS graded 65 or higher, or would be if submitted. I am including this Eliasberg-Atwater-Jung coin among the six.

It is relevant that PCGS grading and EAC grading are far from identical. The difference is not in standards; the respective criteria are very different. Rosters of Chain Cents that are compiled with EAC criteria in mind usually do not reflect the grades that the PCGS would, in the present, assign to the same coins.

While this is a cool coin with an especially noteworthy lack of contact marks, and a truly super-great pedigree, $1.38 million is a high price for it. I was expecting a price in the range of $900,000 to $1,050,000. This coin’s pedigree and the fact that another certified 65 or higher grade Chain Cent has not been recently auctioned contributed to the demand for this coin.

A Chain Cent of the rarer first variety, with the ‘AMERI.’ abbreviation, sold early in 2011 for $2 million in a private transaction. (Please click here to read about that deal in Nevada. As usual, clickable links are in blue.)

That “AMERI.” cent is designated as a special ‘Specimen’ striking by the PCGS. Though it has been a long time since I have seen this ‘SP-65 AMERI.’ cent, I tentatively assert that it is a much better coin, in a few ways, than is this Eliasberg-Atwater-Jung Chain Cent.

(8) In September 2009, the firm of Ira & Larry Goldberg auctioned the finest known 1795 Reeded Edge (S-79) Cent in Los Angeles for $1,265,000. Except for this issue, large cents have plain edges. Personally, I regard it as an experimental piece, rather than as a regular issue large cent. Greg Hannigan was the successful bidder, on behalf of a collector who has since completed a set of Sheldon numbered die varieties of large cents.

1811/10 Consigned by Greg Hannigan to Heritage

In the official auction of the Sept. 2010 Long Beach (CA) Expo, Heritage sold the highest graded 1811/0 overdate large cent. Though it is known to die variety specialists as Sheldon-286, it is an overdate that is actively and rightfully collected as if it was a separate and distinct date. The overdate is clear. In the die, the last numeral one was certainly punched over a zero. This issue is not just of interest to die variety specialists. It is certainly and logically collected by those assembling regular sets of large cents ‘by date’!

This 1811/0 cent in the Heritage auction is NGC graded MS-63 and has a sticker of approval from the CAC. There is also an 1811/0 cent that is NGC graded MS-62. Neither the PCGS nor the NGC have graded any other 1811/0 cents above MS-61.

Collectors take other factors into consideration in addition to the certified grade of a coin, and large cent collectors tend to be wary of the grading services. Personally, I find that the criteria employed by the PCGS and the NGC, respectively, are far more logical than the grading criteria employed by early copper specialists. These specialists maintain, for example, that a coin that has no wear and is indisputably uncirculated may grade EF-45 if it has many contact marks, even if all such contact marks came about at the U.S. Mint before the respective coin was released.

As I have not seen some of the highest ranked 1811/0 cents, and there may be high quality 1811/0 cents that are not in PCGS or NGC holders, I am not concluding that this is the finest known 1811/0 cent. It is certainly one of the finest known. As the highest graded of a scarce issue, it is very much newsworthy. Plus, it is the only 1811/0 cent that has had its PCGS or NGC grade approved by the CAC. How many others been submitted to the CAC?

This coin has appeared at auction several times. According to cataloguers at Heritage, it was in Heritage auctions in 1997 and in 2003. In 1997, it was NGC graded MS-62 and realized $12,362.50. Later, ANR auctioned it twice. In August 2004, it realized $23,575. In March 2005 in Baltimore, however, it sold for only $14,950.

In Sept. 2010, this NGC graded MS-63 1811/0 realized $41,400. The 1811/0 cent that is NGC graded MS-61 realized this exact same price at a Heritage auction in Jan. 2005. Unlike the Heritage auction event of Sept. 2010, the Heritage auction extravaganza of Jan. 2005 included a major collection of large cents and other famous early coppers. So, demand for large cents was probably more intense at the Jan. 2005 Heritage auction. There were not many noteworthy large cents in the Sept. 2010 Heritage auction.

I wonder if the just mentioned NGC graded MS-61 1811/0 may has more natural toning than the NGC graded MS-63 coin. If so, this may possibly explain why an NGC graded MS-61 1811/0 could be worth as much or more as an NGC graded MS-63 1811/0 cent.

 

1795 Reeded Edge Cent

The reported private sale of this 1943-D copper for “$1.7 million” notwithstanding, the auction record for a copper coin or copper pattern remains $1,265,000. It was set in Sept. 2009 when the Goldbergs auctioned the Dan Holmes collection of early date large cents, 1793 to 1814. Holmes’ 1795 Reeded Edge cent, a variety that is known as Sheldon-79, realized this amount.

In Sept. 2009, Greg Hannigan was the successful bidder for the Holmes 1795 Reeded Edge cent. Hannigan was acting on behalf of a collector who recently, during the summer of 2010, completed his set of all 295 Sheldon die varieties of “collectible” early large cents. There is some discussion of Sheldon varieties in my 2008 overview of Walter Husak’s collection of early large cents.

Hannigan was the consignor of another 1795 Reeded Edge cent to the Goldbergs’ Sept. 2010 auction. It is a new discovery. I have never seen it. My impression is that it grades Poor-01 at best by widely accepted standards. In accordance with the criteria employed by specialists in early U.S. copper coins, however, its net grade is “Good-04,” I am told by more than one source.

In early 2009, there were, in my view, 5½ known 1795 Reeded Edge cents. Now, it seems that there are 7½! The ½ is a brockage. Please see my column of Sept. 15for a definition of a brockage and my column of June 23rd for a discussion of the importance of 1795 Reeded Edge cents. (As always, clickable links are in blue.) Please click to find a discussion of Dan Holmes collection of early date large cents. This newly discovered 1795 Reeded Edge cent was first reported, anywhere, in my column of Aug. 11.

Personally, I find it curious that, since the announcement of the sale of Holmes’ early dates circa Jan. 2009 along with the speculation that then started regarding the value of Holmes’ 195 Reeded Edge cent, two ‘new’ 1795 Reeded Edge cents have been discovered and another emerged that had not been publicly seen, as far as I know, since it was offered at auction in 1977. Again, please see my column of June 23rd.

Both the recent discoveries and the one that recently re-emerged probably would be considered ungradable by the PCGS and the NGC. In another words, if all three were submitted to both the PCGS and the NGC, experts at these services would, I guess, find that all three have problems that are so serious that these coins do not merit numerical grades. Specialists in the die varieties of early copper coins employ grading criteria that is different from the respective criteria used by the PCGS and the NGC.

Specialists in die varieties seem to rank the known 1795 Reeded Edge Cents as follows: (1) Holmes – VG-08 {PCGS VG-10};(2) ANS VG-07; (3) Robinson–Kuntz-Frankenfield-Brown — Good-06; (4) coin auctioned by B&M in Nov. 2008 – Good-05 {PCGS Good-04}; (5) Coin that NGC encapsulated without a grade in the Spring – Good-05; (6) Newly discovered Hannigan coin that was just auctioned in Sept. 2010 – Good-04 {PCGS Genuine Holder – No Grade!}; (7) Coin that was newly discovered during the Spring or Summer of 2009 – Poor-01; (½) Brockage that has not been seen in decades. Additionally, Chris McCawley has doubts as to whether the 1795 Reeded Edge cent in the ANS museum, (#2 above) would receive a numerical grade if (hypothetically) it were to be submitted to the PCGS. So, only two of the seven have received numerical grades from the PCGS and the Robinson-Brown coin might if it were submitted.

As for the one that was discovered in 2010, a relatively young man received an assortment of coins from his father, who was not a wealthy collector. His father, however, seemed to know that his 1795 cent was very special and emphasized to his son that it might be worth ‘a lot of money.’ The son, John B., attended a coin show in Baltimore in June 2010. Greg Hannigan bought this coin from him and Hannigan consigned it to the Sept. 2010 Goldbergs auction. During the summer, it was authenticated and encapsulated, though it failed to be graded, by the PCGS. It was in a PCGS genuine holder when it was auctioned. It realized $322,000, a healthy price. The 1795 Reeded Edge issue is now not as rare as it was two years ago. Though none were seen for many years, four have been around in 2009 or 2010.

As I explained in my column of June 23rd, I maintain that 1795 Reeded Edge cents are experimental pieces rather than coins. The fact, however, that this issue is a recognized die variety that is strongly demanded by those who wish to assemble sets of the 295 recognized, “collectible” Sheldon die varieties indicates that it is of tremendous importance to large cent collectors. Oddly, many standard price guides list this issue as if it were a separate, distinct date that is needed for a regular set of large cents. Such listings, in standard price guides, may have contributed to the current values of 1795 Reeded Edge cents. While I can understand the reasons why die variety collectors are eager to buy 1795 Reeded Edge cents, it makes no sense for standard price guides to list them along with the major varieties that have the status of distinct dates.

These should not be demanded by collectors who are assembling regular sets of large cents. It is logical for variety specialists and ‘pattern’ collectors to seek 1795 Reeded Edge cents. Patterns, narrowly defined, are embodiments of proposals for new designs or for other changes in coinage. The category of patterns, broadly defined, is comprised of a wide range of items, including most all experimental pieces.

Davy Collection of Half Cent Errors

The Goldbergs auction events will be highlighted by the “Davy” collection of half cent errors and the Dan Holmes collection of large cent errors. Please read my discussion of the Dan Holmes collection of early date large cents, which were auctioned about a year ago, and click here to read my June 9th column that covered some of Holmes’ Middle Date large cents.  As I have written so much about large cents over the last three years, I will focus upon half cent errors here.

A collector in the Midwest, who prefers to remain anonymous, formed the “Davy” collection of half cent errors. My strong impression is that it is the best collection of half cent errors to ever be publicly sold. Plus, I am not aware of a finer collection ever having been sold privately.

Half cents and large cents were minted from 1793 to 1857, though not in every year in between. Large cents (pennies) are similar in size to quarters, and half cents are a little greater in diameter than five cent nickel coins are now. (Five cent nickels were first minted in 1866; Three Cent Nickels were first minted a year earlier.)

The Davy and Holmes collections each contain literally hundreds of errors. There are several kinds of errors. Often, coins were struck off-center. Sometimes, when a coin was struck off-center, it was struck again, or even a third time, to ‘correct’ the initial error. There are numerous coins that were each struck multiple times. In other cases, the edge lettering is blundered. Coins that are too light in weight, or too heavy, are also errors. Coins that were struck on planchets (prepared blanks) that had various kinds of sharply noticeable imperfections, too, fall into the category of errors.

I find brockages to be most significant of early error coins. These are more interesting, in my view, than the coins that are struck off-center, or even struck off-center two or three times. For an explanation of a brockage, please see the appendix below. In some ways, a brockage has two obverses or two reverses. Usually on a brockage, one side is a regular obverse (front) or reverse (back) and the other is an incuse (sunken) backwards image of an obverse or a reverse design.

“Brockages have always been fascinating to most all collectors of early U.S. coins,” remarks Greg Hannigan. “They are a lot rarer than some of the other categories of errors.”

An 1803 half cent error, which will be sold as lot #125, is an obverse brockage and it is struck five per cent off-center. So, this piece is characterized by two major kinds of errors. The cataloguers grade it as Fine-15. “Sharpness VF-20.” they say, “and the eye appeal is excellent, but there are a few dull contact marks on the incuse [sunken devices] brockage side.” It was formerly in the collection of Richard Picker and it is estimated, by the cataloguers, to bring at least $4000, maybe much more. There are many items in the “Davy” collection that have low estimates below $500, though it is plausible that some items will bring multiples of their low estimates.

An obverse brockage of an 1804 half cent will be sold as lot #145. It is of the famous spiked chin obverse variety. An 1806 half cent reverse brockage, which has no visible date, will be sold as lot #213. I find this piece to be entertaining. Seeing reverse designs on both sides of the same early U.S. Mint item, including one with sunken devices, is curiously cool.

U.S. Mint personnel often thought of brockages of early copper coins as failed strikes and sent them through the system again, as if they were bare planchets (prepared blanks). So, a coin, with a proper obverse and reverse, may be ’struck over’ a brockage. These are sometimes particularly noteworthy.

A 1795 half cent ’struck over’ a reverse brockage large cent, lot #31, caught my attention. It is estimated to bring $300 or more. A similar error will be sold as lot #114. It is an 1802/0 half cent that was “struck over a cut-down spoiled large cent with an obverse brockage,” explains the cataloguer. “The obverse of the half cent is struck over the incuse off-center brockage side of the large cent. Incuse [sunken] letters from the undertype cent show along the throat and jaw.” It is said to be one of the most valuable half cent errors in this collection.

Jim McGuigan finds ’struck over’ brockages to be among the most desirable of all early copper errors. McGuigan is a specialist in pre-1840 U.S. coins of all metals. Jim personally collects half cents and much of his collection is listed in the PCGS registry. He reveals that he “started collecting half cents in 1957.”

McGuigan declares that the “Davy collection is the best ever of half cent errors, both in quality and quantity.” Greg Hannigan “would agree that it is best collection of all time of half cent errors.” Hannigan is a leading dealer in large cents, and handles several other types of early U.S. coins. Hannigan particularly likes “double struck and triple struck errors.” Interestingly, Hannigan finds that “early copper errors did not get any respect until the last twenty years.”

The consignor is not named “Davy.” He has been collecting errors, and many other coins, for decades. McGuigan “is not aware of anyone else ever having more than a hundred half cent errors.” The “Davy” collection contains more than three hundred.


The 1839/6 issue is a clear overdate. No magnifying glass is needed to see the underlying numeral. It is certainly rare. I am somewhat impressed that Dan Holmes had three, relatively high grade representatives. Naftzger did, too.

The first Holmes 1839/6 is PCGS graded AU-53 and M&G graded EF-45. Perhaps “microscopic roughness” was a factor in the M&G determination. Also, M&G remark that “it may have been lightly cleaned and expertly retoned long ago.” Its $16,675 price is less than the estimate and not overly impressive by any measure. Without having seen this coin, I will not comment further. It did bring considerably more than the $8050 that the NGC certified AU-58 Rasmussen 1839/6 realized more than five years ago.
During the same week in Jan. 2005 when the Rasmussen collection was auctioned, Heritage also sold a PCGS graded EF-45 1839/6 for $14,950. According to M&G, the Rasmussen coin became the second Holmes 1839/6. Evidently, the PCGS upgraded it from EF-45 to AU-55, which is quite a jump. It is M&G graded EF-40. Even so, Greg Hannigan, a leading dealer in large cents, very much likes “the second Holmes 1839/6 a lot more than the first one.” Hannigan focuses on the die break and other characteristics. This second Holmes 1839/6 brought a respectable $20,125, about 35% more than it realized in 2005.

Surprisingly, the third Holmes 1839/6 realized more than the first two, $22,425. It is graded EF-45 by the PCGS and VF-35 by M&G. I have some idea as to how this happened. The collector who bought it is known in the PCGS Registry as ‘G H Rays’ and has granted permission to be referred to by that name here. His ‘Big Bear Middle Dates’ is third on the list of “All-Time Finest” Middle Date sets, and second among the “current finest.”
GHRays did not attend the auction and he instructed his agent to bid on the third Holmes 1839/6 and not the preceding two. It did not occur to him that the third Holmes 1839/6 would bring more than either of the first two. He was baffled. Nonetheless, he is delighted to be the owner of a relatively high grade 1839/6.

The Holmes Middle Date cent that I really wish I had a chance to examine is the 1834 that is PCGS certified Proof-64 with a designation that it exhibits ‘Red and Brown’ color. The images suggest that it is mostly original Mint red. M&G grade it as Proof-64 and note that “80%” of its surfaces are original, “mellowed Mint red”! This cent is generally believed to be of a Proof-only die variety, with a large 8 in 1834 plus relatively large stars and letters. It was earlier owned by Floyd Starr, who formed one of the all-time best collections of large cents. Starr was one of the most famous collectors of the 20th century. Why did this 1834 bring only $48,300?

 


”Although many coins in the collection sold for record prices, the spotlight here is on the Holmes 1795 reeded edge, as this is a bewildering price for a copper coin. Greg Hannigan was the successful bidder and was acting on behalf of a collector of large cents by die variety.”

 


Read More…

 

Another excerpt featuring Hannigan’s Rare Coins

“Greg Hannigan, from Hannigan’s Rare Coins in Palm Beach, Fla., placed the winning bid of $1.1 million for the 1795 Liberty Cap, Reeded Edge cent, which, with the 15 percent buyer’s fee added, brings the total record price to $1,265,000. Hannigan said he purchased the coin on behalf of an unnamed collector, who was willing to bid higher if necessary.”

For the full article click here!

An Interview with Greg Hannigan after the record breaking sale of the million dollar large cent:
Greg Hannigan Interview.

The auction that went down in history for selling the million dollar large cent to Greg Hannigan: Click here for video of the auction.

 

Our latest ad which is currently in Coin World Magazine!