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CAC-Approved Coins Bring Premiums in September 2023

While good prices for CAC-approved coins are often achieved in online auctions, coins certified by the company also performed well at a live auction session in Dallas, Texas. Below are 10 examples of CAC-certified coins that sold during the month.

1921 Peace Dollar graded MS66 by CAC.
1921 Peace Dollar graded MS66 by CAC.

1. 1921 Peace Dollar in MS-66

CAC has been approving the grades of PCGS- and NGC-certified coins since 2007, but on October 2 of this year they launched their new grading service (CACG) in full. On September 15, Heritage sold a 1921 Peace dollar graded as MS-66 and encapsulated by the new company for $10,800 USD. Heritage sold a PCGS-graded MS-66 1921 Peace dollar, without a CAC sticker, on July 21 for “just” $6,610.80.

1886-O Morgan Dollar graded MS-64 by PCGS. Image: Heritage Auctions.
1886-O Morgan Dollar graded MS-64 by PCGS. Image: Heritage Auctions.

2. 1886-O Morgan Dollar in MS-64

On Sept. 14, Heritage sold a CAC-approved 1886-O Morgan dollar graded MS-64 for $15,600. On Feb. 9. Heritage sold a PCGS MS-64 1886-O Morgan, without a CAC sticker, for $8,700. In September, market levels for this coin were not significantly different from levels in February 2023.

3. 1864 Liberty Head $20 Double Eagle in AU-58

Heritage sold a CAC-approved AU-58 grade 1864 $20 gold coin on Sept. 14 for $24,000. The same auction house sold a PCGS AU-58 1864 double eagle, without a CAC sticker, for $18,600 on May 8.

4. 1885-CC Morgan Dollar in MS-65 DMPL

GreatCollections sold a CAC-approved, MS-65 Deep Mirror Prooflike (DMPL) 1885-CC Morgan dollar on Sept. 17 for $5,562.70. Back on June 14, Stack’s Bowers sold a PCGS MS-65-DMPL 1885-CC Morgan dollar, sans CAC sticker, for $2,760.

1907 High Relief Saint Gaudens Double Eagle graded MS65 by NGC.
CAC-Approved 1907 High Relief Saint Gaudens Double Eagle graded MS65 by NGC. Image: GreatCollections.

5. 1907 ‘Wire Edge’ High Relief Saint Gaudens $20 Double Eagle in MS-65

GreatCollections also sold a CAC-approved, NGC MS-65 1907 ‘Wire Edge’ High Relief Saint Gaudens $20 gold coin on Sept. 24 for the sum of $71,505.50. On June 13, Stack’s Bowers sold a PCGS MS-65 1907 ‘Wire Edge’ High Relief Saint Gaudens double eagle, minus the CAC sticker, for $42,000.

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CAC
CAChttps://www.cacgrading.com/
CAC was founded by leading members of the numismatic community, including John Albanese, a respected authority on coin grading and the rare coin market. The CAC GREEN Label signifies that a coin has met Certified Acceptance Corporation's stringent grading standards. Coins are accepted through CAC Submission Centers. These are knowledgeable dealers who will assist you with your submission and the associated guidelines.

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