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HomeAuctionsCertified Coin Marketplace - CAC-Approved Coins Bring Premiums in August 2022

Certified Coin Marketplace – CAC-Approved Coins Bring Premiums in August 2022

During the month of August, CAC-approved coins fared well in live auctions in Dallas, Texas and Costa Mesa, California, in addition to performing in many internet sales. Here are 10 examples, selected from a larger number of results that could have been listed.

1. 1907 No Motto Indian Head $10 Eagle in MS-64

On August 21, GreatCollections sold a CAC-approved MS-64 grade 1907 Indian Head No Motto $10 gold coin for $5,390 USD. On Aug. 7, GreatCollections sold a PCGS-graded MS-64 1907 Indian Head No Motto $10 gold coin without a CAC sticker for $3,825.

2. 1845-D $5 Half Eagle in AU-55

On Aug. 23, Stack’s Bowers auctioned a CAC-approved AU-55 grade 1845-D $5 gold coin for $8,100.

These are not auctioned very often.

On January 22, 2021, Heritage auctioned a PCGS-graded AU-55 1845-D without a CAC sticker for $3,960. Although market levels for these increased during some periods between January 2021 and August 2022, such increases probably do not entirely account for the fact that a CAC-approved AU-55 grade 1845-D brought more than twice as much as a non-CAC PCGS-graded AU-55 1845-D five.

3. 1870-CC Seated Liberty Dollar in MS-62

Certified Coin Marketplace - CAC-Approved Coins Bring Premiums in August 2022

On Aug. 24, Heritage auctioned a CAC-approved MS-62 grade 1870-CC silver dollar for $72,000. On April 5, Stack’s Bowers auctioned a PCGS-graded MS-62 1870-CC silver dollar without a CAC sticker for $28,800

4. 1893-CC Morgan Dollar in MS-64

On Aug. 24, Heritage auctioned a CAC-approved MS-64 grade 1893-CC Morgan silver dollar for $24,010.80. On June 14, Stack’s Bowers auctioned a PCGS-graded MS-64 1893-CC Morgan without a CAC sticker for $17,400. On May 29, the firm of David Lawrence sold a different PCGS-graded MS-64 1893-CC Morgan without a CAC sticker for $16,005.

5. 1853-C Gold Dollar in MS-63

Certified Coin Marketplace - CAC-Approved Coins Bring Premiums in August 2022

On Aug. 25, Stack’s Bowers auctioned a CAC-approved MS-63 grade 1853-C One Dollar gold coin for $18,000. On February 23, 2021, Heritage auctioned the Simpson Collection, PCGS-graded MS-63 1853-C One Dollar gold piece, which did not have a CAC sticker, for $13,200. Yes, it’s true that market levels for these increased from February 2021 to August 2022, but this increase could not account for the entire difference between $18,000 and $13,200.

6. 1844-D $5 Half Eagle in MS-61

On Aug. 25, Stack’s Bowers auctioned a CAC-approved MS-61 grade 1844-D $5 gold coin for $13,200. On March 21, Heritage sold a PCGS-graded MS-61 1844-D $5 coin without a CAC sticker for $6,900. These two coins were struck from the same pair of dies, referenced as Winter 11-G. The CAC-approved 1844-D brought much more.

7. 1908 With Motto $10 Eagle in MS-65

Certified Coin Marketplace - CAC-Approved Coins Bring Premiums in August 2022

On Aug. 25, Stack’s Bowers auctioned a CAC-approved MS-65 (sixty-five) grade 1908 ‘With Motto’ $10 gold coin for $22,800. It is relevant that, on July 14, Heritage auctioned a different CAC-approved MS-65 (sixty-five) grade 1908 ‘With Motto’ $10 gold coin for $16,800.

CAC premiums vary, but Stack’s Bowers auctioned a PCGS-graded MS-66 (sixty-six!) 1908 ‘With Motto’ $10 gold coin without a CAC sticker for $11,400 on June 15. On May 6, Heritage auctioned a PCGS-graded MS-65 1908 ‘With Motto’ $10 gold coin without a CAC sticker for $7,200. CAC-approved MS-65 1908 ‘With Motto’ tens have been bringing much more than non-CAC PCGS-graded MS-65 or even MS-66 1908 ‘With Motto’ tens.

8. 1915 $10 Eagle in MS-65

On Aug. 26, Heritage auctioned a CAC-approved MS-65 grade 1915 $10 gold coin for $15,600. On July 15, Heritage auctioned a PCGS-graded MS-65 1915 $10 gold coin without a CAC sticker for $5,760.

9. 1914-D Saint-Gaudens $20 Double Eagle in MS-66

On Aug. 26, Heritage auctioned a CAC-approved MS-66 1914-D $20 gold coin for $36,000. On May 26, Heritage auctioned two PCGS-graded MS-66 1914-D $20 gold coins, neither of which had a CAC sticker, for $13,200 and $9,300, respectively.

10. 1884-CC Morgan Dollar in MS-67

Certified Coin Marketplace - CAC-Approved Coins Bring Premiums in August 2022

On Aug. 27, Stack’s Bowers auctioned a CAC-approved MS-67 grade 1884-CC Morgan silver dollar for $7,200. On Aug. 1, Heritage sold a PCGS-graded MS-67 1884-CC Morgan dollar without a CAC sticker for $3,840.

 

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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