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.

 

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