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HomeAuctionsCertified Coin Marketplace - CAC-Approved Coins Bring Premiums in February 2020

Certified Coin Marketplace – CAC-Approved Coins Bring Premiums in February 2020

In addition to faring well in internet sales, CAC-approved coins outperformed other certified coins in a live auction in Los Angeles and in the official auction of the Long Beach Expo in California. Here are 10 examples, which were selected from a large number of results that could have been listed.

1806/5 Overdate Quarter in XF-40

1. 1806/5 Overdate Quarter in XF-40

On February 16, GreatCollections sold a CAC-approved XF-40 grade 1806/5 overdate quarter for $3,272.62. On January 9, at the winter FUN convention, Heritage auctioned a PCGS-graded XF-40 1806/5 quarter without a CAC sticker for $2,880.

1793 ‘AMERI.’ Chain Cent in F-15
1793 ‘AMERI.’ Chain Cent in F-15

2. 1793 ‘AMERI.’ Chain Cent in F-15

On Feb. 16, Goldbergs auctioned a CAC-approved Fine-15 grade 1793 ‘AMERI.’ Chain cent for $44,400. In January 2018, when market values for large cents were higher than they are now, Heritage auctioned a PCGS-graded VF-20 (higher than F-15) ‘AMERI.’ Chain cent without a CAC sticker for $38,400. Both coins were struck from the same pair of dies (S-1).

1795 ‘Plain Edge’ Large Cent in MS-62 BN
1795 ‘Plain Edge’ Large Cent in MS-62 BN

3. 1795 ‘Plain Edge’ Large Cent in MS-62 BN

On Feb. 16, Goldbergs auctioned a CAC-approved MS-62BN certified 1795 ‘Plain Edge’ large cent for $18,000. On Aug. 15, 2019, Stack’s Bowers auctioned a PCGS-certified MS-62BN 1795 ‘Plain Edge’ large cent for $8,400. Both coins were struck from the same pair of dies (S-78) and received the same certification from PCGS. The CAC-approved coin brought more than twice as much.

1851 Large Cent in MS-65 BN
1851 Large Cent in MS-65 BN

4. 1851 Large Cent in MS-65 BN

On Feb. 16, Goldbergs auctioned a CAC-approved MS-65BN certified 1851 large cent for $1,920. In October 2019, Heritage auctioned a PCGS-certified MS-65BN 1851 large cent without a CAC sticker for $960, exactly half as much.

5. 1808/7 Overdate Half Dollar in MS-64

On Feb. 20, Heritage auctioned a CAC-approved MS-64 grade 1808/7 overdate half dollar for $17,400. In August 2019, at an ANA convention, Heritage auctioned a PCGS-graded MS-64 1808/7 overdate half dollar without a CAC sticker for $11,880. Both coins were struck from the same pair of dies.

1884-S Morgan Dollar in MS-62
1884-S Morgan Dollar in MS-62

6. 1884-S Morgan Dollar in MS-62

On Feb. 20, Heritage auctioned two PCGS-graded MS-62 1884-S Morgan silver dollars in successive lots. The CAC-approved 1884-S realized $19,800 and the 1884-S without a CAC sticker brought $14,400.

1888 $10 Gold Eagle in MS-63
1888 $10 Gold Eagle in MS-63

7. 1888 $10 Gold Eagle in MS-63

On Feb. 20, Heritage auctioned a CAC-approved MS-63 grade 1888 $10 gold eagle for $12,000. In August 2019, at a summer ANA Convention, Heritage auctioned a PCGS-graded MS-63 1888 $10 gold coin without a CAC sticker for $6,600.

8. 1902-S Barber Quarter in MS-64

On Feb. 23, GreatCollections sold a CAC-approved MS-64 grade 1902-S Barber quarter for $1,299.38. In January 2019, Heritage sold a PCGS-graded MS-64 1902-S quarter without a CAC sticker for $1,020.

9. 1906-D Barber Quarter in MS-66

On Feb. 23, GreatCollections sold a CAC-approved MS-66 grade 1906-D quarter for $4,503.38. On Jan. 9, 2020, Heritage auctioned a PCGS-graded MS-66 1906-D quarter without a CAC sticker for $2,760.

10. 1850 Half Dollar in AU-58

On Feb. 23, GreatCollections sold a CAC-approved, NGC-graded AU-58 1850 half dollar for $1,873.12. In January 2019, Heritage auctioned a PCGS-graded AU-58 1850 half without a CAC sticker for $1,080

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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