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HomeAuctionsCertified Coin Marketplace - CAC-Approved Coins Bring Premiums in August 2023

Certified Coin Marketplace – CAC-Approved Coins Bring Premiums in August 2023

CAC-Approved Price Analysis from August 2023. Image: CoinWeek/ Heritage Auctions.
CAC-Approved Price Analysis from August 2023. Image: CoinWeek/ Heritage Auctions.

In addition to realizing impressive prices in online sales during the month of August, CAC-approved coins fared well in live auctions in Pittsburgh, Pennsylvania; Dallas County, Texas; and Costa Mesa, California.

Here are 10 examples, which were selected from a larger number of results that could have been listed.

1. 1931-S Mercury Dime in MS-65

On Aug. 6, GreatCollections sold a CAC-approved MS-65 grade 1931-S dime for $6,877.20 USD. On March 7, Stack’s Bowers auctioned a PCGS-graded MS-65 1931-S dime, without a CAC sticker, for $2,640. Both coins have received a ‘Full Bands’ (FB) designation from PCGS.

2. 1859 Indian Head Cent in MS-64

On Aug. 13, GreatCollections sold a CAC-approved MS-64 grade 1859 Indian cent for $2,113.88. On July 11, Heritage sold a PCGS-graded MS-65 1859 Indian cent, without a CAC sticker, for $1,200.

3. 1883 No Cents Liberty Head Nickel in MS-66

On Aug. 13, GreatCollections sold a CAC-approved MS-66 grade ‘No Cents’ 1883 Liberty Head nickel for $506. On May 30, Heritage sold a PCGS-graded MS-66 ‘No Cents’ 1883 Liberty Head nickel, without a CAC sticker, for $384. Two weeks earlier, on May 16, Heritage sold a different PCGS-graded MS-66 ‘No Cents’ 1883 Liberty Head nickel, without a CAC sticker, for $360. Market levels for these were about the same in May as they were in August.

4. 1877-CC Quarter in MS-67

On Aug. 15, 2023, Heritage auctioned a CAC-approved MS-67 grade 1877-CC quarter for $19,800. On May 3, Heritage auctioned a PCGS-graded MS-67 1877-CC quarter, without a CAC sticker, for $10,800.

5. 1854-S $20 Double Eagle in AU-58

On Aug. 15, Heritage auctioned a CAC-approved, NGC-graded AU-58 (fifty-eight) 1854-S $20 gold coin for $31,200. On May 8, 2023, Heritage auctioned a PCGS-graded MS-60 (sixty) 1854-S $20 gold coin, without a CAC sticker, for $21,600.

6. 1807 Large Cent in MS-63

On Aug. 16, Stack’s Bowers auctioned a CAC-approved MS-63 grade 1807 large cent with a ‘Large Fraction’ for $21,600. On March 21, Stack’s Bowers auctioned a PCGS-graded MS-63 1807 ‘Large Fraction’ cent, without a CAC sticker, for $12,000. Both coins were struck from the same pair of dies and both coins received a brown (BN) color designation from PCGS.

7. 1792 Half Disme in Fine-15

On Aug. 16, Stack’s Bowers auctioned a CAC-approved Fine-15 grade 1792 half disme pattern for $120,000. On January 12, Heritage auctioned a PCGS-graded Fine-15 1792 half disme, without a CAC sticker, for $78,000, less than two-thirds as much.

8. 1925 Peace Dollar in MS-67

On Aug. 16, Heritage auctioned a CAC-approved MS-67 grade 1925 Peace silver dollar for $6,600. On July 21, Heritage auctioned a PCGS-graded MS-67 1925 Peace dollar, without a CAC sticker, for $2,040, less than one-third as much.

9. 1864 $20 Double Eagle in AU-58

On Aug. 16, Stack’s Bowers auctioned a CAC-approved AU-58 grade 1864 $20 gold coin for $31,200. On May 8, Heritage auctioned a PCGS-graded AU-58 1864 $20 gold coin, without a CAC sticker, for $18,600.

10. 1941 Walking Liberty Half Dollar in Proof-68

On Aug. 17, Heritage auctioned a CAC-approved Proof-68 1941 half dollar for $10,800. On March 23, Stack’s Bowers auctioned a PCGS-certified Proof-68 1941 half dollar, without a CAC sticker, for $4,800.

 

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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