The Grand Champion Ham at the Kentucky State Fair was purchased for a record price. Republic Bank, Hermitage Farm and Bridgeman Foods combined to pay $2 million for it. The auction was held during the 51st Annual Kentucky Ham Breakfast. The annual charity event will benefit several educational and healthcare organizations. The ham weighed 15.98 pounds. That means if you take the two million dollars and divide it out, they paid 125,865-dollars per pound.