One of Nine Known 1795 S-79 Reeded Edge Large Cents Offered in January Auction

To kick off 2012, Heritage will auction a 1795 Reeded Edge cent with a Sheldon 79 variety. It is only one of nine known examples for this specific variety. The coin is graded PCGS Fair 2.

Although it has a low grade, the coin is very elusive to Large Cent collectors since there are so few available in the marketplace. The last coin of this variety to sell at a public auction was back in September of 2009, when a PCGS VG-10 example sold for a record $1.265 million (Goldberg's Coin Auctions).

In 2004, a different example of this variety described as being in Good 4 condition sold at a Bowers and Merena Coin Auction for $402,500.