Legend Numismatics

HomeAuctionsCertified Coin Marketplace - CAC-Approved Coins Bring Premiums in December 2019

Certified Coin Marketplace – CAC-Approved Coins Bring Premiums in December 2019

In addition to realizing newsworthy premiums in a public auction in Dallas, CAC-approved coins outperformed other certified coins in various public internet sales during the month of December. Here are 10 examples selected from a large number of results that could have been listed.

1. 1903-S $10 Gold Eagle in MS-66

On December 5, Heritage auctioned a CAC-approved MS-66 grade 1903-S $10 gold coin for $6,000 USD. On February 3, 2019, the firm of David Lawrence Rare Coins sold a PCGS-graded MS-66 1903-S $10 gold coin without a CAC sticker for $4,000. The CAC-approved coin thus brought 50% more. Market values for these were not significantly higher in early December than they were in February.

2. 1885-S Morgan Silver Dollar in MS-66

On December 6, Heritage auctioned two PCGS-graded MS-66 1885-S Morgan silver dollars in successive lots. The CAC-approved MS-66 1885-S Morgan realized $9,300 and the non-CAC coin brought $2,640!

3. 1883 Shield Nickel in MS-67

On December 6, Heritage auctioned a CAC-approved MS-67 grade 1883 Shield nickel for $8,400. In June 2019, Heritage auctioned a PCGS-graded MS-67 1883 Shield nickel without a CAC sticker for $2,760, less than one-third as much.

4. 1921 Buffalo Nickel in MS-67

On December 6, Heritage auctioned two PCGS-graded MS-67 1921 Buffalo nickels in successive lots. The CAC-approved coin realized $6,600, and the PCGS-graded MS-67 1921 nickel without a CAC sticker realized $2,640. The coin with a CAC sticker thus realized two and a half times as much!

5. 1899-O Morgan Silver Dollar in MS-67

On December 6, Heritage auctioned a CAC-approved MS-67 grade 1899-O Morgan silver dollar for $5,520. In October, Heritage auctioned a PCGS-graded MS-67 1899-O Morgan without a CAC sticker for $1,560. Also in October 2019, the firm of David Lawrence sold a PCGS-graded MS-67 1899-O Morgan without a CAC sticker for $2,050.

6. 1835 Half Cent in MS-64 RD

On December 12, Legend auctioned a CAC-approved MS-64 grade 1835 half cent with a ‘Full Red’ (RD) designation for $9,987.50. In July 2019, Heritage auctioned a PCGS-certified MS-64 1835 half cent also with a ‘Full Red’ (RD) designation but without a CAC sticker for $3,000, less than one-third as much as just mentioned CAC-approved coin realized.

7. 1909-S VDB Lincoln Cent in MS-65 RD

On December 12, Legend auctioned two PCGS-graded MS-65 1909-S VDB Lincoln cents, each with a ‘Full Red’ (RD) designation from PCGS. The coin with a CAC sticker went for $6,462.50 and the PCGS-certified MS-65RD 1909-S VDB without a CAC sticker brought $4,112.50.

8. 1941 Walking Liberty Half Dollar in PR-68

On December 12, Legend Auctions sold a CAC-approved Proof-68 1941 Walking Liberty half dollar for $6,462.50. In August, at the summer ANA Convention, Heritage auctioned a PCGS-certified Proof-68 1941 Walker without a CAC sticker for $3,840.

9. 1950 Washington Quarter in MS-67

On December 22, GreatCollections sold a CAC-approved MS-67 grade 1950 Washington quarter for $600.75. On October 25, Heritage sold a PCGS-graded MS-67 1950 quarter without a CAC sticker for $228. During August 2019, Heritage sold two PCGS-graded MS-67 1950 quarters neither of which had a CAC sticker. Each realized $288.

10. 1883 Dime in MS-65

On December 29, GreatCollections sold a CAC-approved MS-65 1883 dime for $556.88. Heritage sold a PCGS-graded MS-65 1883 dime without a CAC sticker for $456 in April and a different PCGS-graded MS-65 1883 dime, also without a CAC sticker, for $480 in January 2019.

 

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.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Bullion Sharks Silver

L and C COIN Specials

Doug Winter Numismatics Branch Mint Gold