Greg Reynolds has published Part 1 of a Greysheet series on the
Millholland Collection to be auctioned by Stack's Bowers. Here's an excerpt - see the complete article online for more.
James A. Millholland stopped collecting coins circa 1894 and his collection of more than five hundred coins features many gems with very appealing natural toning, as well as a large number of circulated coins.
Millholland was born in 1842. He probably began collecting coins before he was twenty years old.
It is likely that Millholland purchased Proof sets directly from the U.S. Mint during his lifetime or obtained sets from someone who did. While his collection features many Proof copper, nickel and silver coins dating from 1859 to 1894, a majority of the coins in the Millholland Collection are business strikes.
There is a 1794 half cent and two 1793 Wreath cents. Millholland's set of Three Cent Silvers includes Proofs, uncirculated and circulated coins. The pre-1830 coins in the collection tend to be heavily worn. Did Millholland pull them from change?
Millholland obtained representatives of the two best dates of the Draped Bust, Heraldic Eagle half dollar type. An 1801 half is PCGS graded VG8. An 1802 half dollar is PCGS graded F12 and is CAC approved.
Although a substantial number of the gem quality Proofs will each bring thousands of dollars, this collection contains many coins that are relatively more affordable in the context of 19th century U.S. coins. Collectors with modest to medium-level budgets should be able to effectively compete for coins in the Millholland Collection.
Almost all of the coins in the Millholland Collection were minted in Philadelphia. His home state, Maryland, borders Pennsylvania. During the 19th century, many collectors were not interested in coins of the Branch Mints or thought of them as inconsequential.
The only Carson City Mint coin in Millholland's collection was an 1878-CC dime that PCGS graded MS65 and is CAC approved. Another coin that is distinct from the rest of his collection is his 1818/5 quarter, which is PCGS graded MS65+ and CAC approved. Were these purchased from coin dealers? His other bust quarters were not nearly of this level of quality, though a PCGS graded G4 1796 is significant as a one-year type coin and as a representative of the first issue of U.S. quarters.
To read the complete article, see:
Incredibly Fresh Millholland Coin Collection, Part 1
To read the earlier E-Sylum articles, see:
THE JAMES ALLAIRE MILLHOLLAND COLLECTION
JAMES ALLAIRE MILLHOLLAND (1842 - 1911)
Wayne Homren, Editor
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