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HomeAuctionsCertified Coin Marketplace - CAC-Approved Coins Bring Premiums in December 2021

Certified Coin Marketplace – CAC-Approved Coins Bring Premiums in December 2021

In addition to faring well in internet sales during the month of December, CAC-approved coins outperformed other certified coins in live auctions in Dallas County, Texas, and Las Vegas, Nevada. Here are 10 examples, which were selected from a larger number of results that could have been listed.

1. 1899-O Morgan Dollar in MS-67

On December 5, 2021, the firm GreatCollections sold a CAC-approved MS-67 grade 1899-O Morgan silver dollar for $3,847.80 USD. On Dec. 19, Heritage Auctions sold a PCGS-graded MS-67 Morgan without a CAC sticker for $2,340.

2. 1913-S $5 Half Eagle in MS-62

On Dec. 12, GreatCollections sold a CAC-approved MS-62 grade 1913-S $5 gold coin for $7,150. On September 26, GreatCollections sold a PCGS-graded MS-62 1913-S $5 gold coin without a CAC sticker for $4,926.90.

3. 1796 Dime in XF-45

On Dec. 16, Legend auctioned a CAC-approved XF-45 grade 1796 dime for $13,512.50. On April 22, 2021, Heritage auctioned a PCGS-graded XF-45 1796 dime without a CAC sticker for $8,400. No certified XF-45 grade 1796 dimes were auctioned between April 22 and Dec. 16.

4. 1914 Lincoln Cent in MS-66 RD

On Dec. 16, Heritage auctioned a CAC-approved, PCGS-certified MS-66 1914 Lincoln cent with a ‘full red’ (RD) designation for $5,760. On November 29, Stack’s Bowers auctioned a PCGS-certified MS-66RD 1914 Lincoln without a CAC sticker for $1,860.

5. 1802 Half Dollar in XF-45

On Dec. 16, Legend auctioned a CAC-approved XF-45 grade 1802 half dollar for $13,512.50. XF-grade 1802 half dollars are not often auctioned. On July 26, 2020, GreatCollections sold a PCGS-graded XF-45 1802 half without a CAC sticker for $6,215. On April 25, 2018, Heritage auctioned a different PCGS-graded XF-45 1802 half without a CAC sticker for $9,000. Market levels for circulated 1802 half dollars were not significantly higher in December 2021 than they were in April 2018.

6. 1879 Half Dollar in Proof-65

On Dec. 16, Legend auctioned a CAC-approved Proof-65 1879 half dollar for $2,585. On June 14, the Goldbergs auctioned a PCGS-certified Proof-65 1879 half without a CAC sticker for $1,800. On May 27, 2021, Legend auctioned a PCGS-certified Proof-66 (sixty-six) 1879 half without a CAC sticker for $2,467.50. A CAC-approved Proof-65 (sixty-five) 1879 thus realized more than a non-CAC PCGS-certified Proof-66 (sixty-six) half dollar in sales by the same auction company during the same year.

7. 1914-D $2.50 Quarter Eagle in MS-65

On Dec. 16, Heritage auctioned a CAC-approved MS-65 grade 1914-D $2.5 gold coin for $38,400. On Nov. 11, Heritage sold a PCGS-graded MS-65+ (sixty-five-plus) 1914-D $2.5 gold coin without a CAC sticker for $26,400.

8. 1924 $20 Double Eagle in MS-67

On Dec. 16, Heritage auctioned a CAC-approved MS-67 grade 1924 $20 gold coin for $34,800. On October 7, Heritage auctioned a PCGS-graded MS-67 1924 $20 gold coin without a CAC sticker for $14,400.

9. 1867 ‘No Rays’ Shield Nickel in AU-58

On Dec. 26, GreatCollections sold a CAC-approved, NGC graded AU-58 1867 ‘No Rays’ Shield nickel for $193.35. On Sept. 22, Stack’s Bowers auctioned a PCGS-graded AU-58 1867 ‘No Rays’ Shield nickel without a CAC sticker for $132 – much less than the presently cited CAC-approved, NGC-graded coin. That was the last certified AU-58 1867 ‘No Rays’ Shield nickel to be publicly sold.

10. 1925 Buffalo Nickel in MS-66

On Dec. 26, GreatCollections sold a CAC-approved MS-66 grade 1925 Buffalo nickel for $742.50. On July 29, Heritage sold a PCGS-graded MS-66 1925 Buffalo nickel without a CAC sticker for $528. Market levels for Gem Buffalo nickels did not increase from July to December 2021.

 

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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1 COMMENT

  1. I would not pay a premium for a CAC stickered coin which is just affixed to a trusted third party slab. The coin and the grade as long as it trusted grading service is the value not a CAC sticker. Other wise CAC should just start their own grading service instead of piggy backing to a PCGS or NGC slab if their stickers hold that much weight.

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