Place ham in a large pot or crock pot. Add water and sherry. In pot, bring to boil then lower heat.Simmer 3-4 hours or until internal temperature reaches 180 degrees on meat thermometer. Crock pot on high 4-6 hours until temperature reaches 180 degrees.
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Serve ham with potatoes, vegetables and applesauce. Reserve liquid for your favorite soup. Serves 4-6.