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

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

In addition to faring well in internet sales, CAC-approved coins outperformed other certified coins in live auctions in Los Angeles, Las Vegas, and Dallas. Here are a dozen examples, which were selected from a large number of results that could have been listed.

1. 1856 ‘Slanted 5’ Indian Princess Gold Dollar in AU-55

On February 2, the Goldbergs auctioned a CAC-approved AU-55 grade 1856 ‘Slanted 5’ Indian Princess One Dollar Gold piece for $360 USD. On Dec. 9, 2020, Heritage sold a PCGS-graded AU-55 1856 ‘Slanted 5’ One Dollar Gold piece without a CAC sticker for $288. On Nov. 3, 2019, GreatCollections sold a different PCGS-graded AU-55 1856 ‘Slanted 5’ One Dollar Gold piece without a CAC sticker for $270.00.

2. 1818 Quarter in XF-40

On Feb. 14, GreatCollections sold a CAC-approved XF-40 grade 1818 quarter for $1,575. On Aug. 7, 2020, Stack’s Bowers auctioned a PCGS-graded XF-40 1818 quarter without a CAC sticker for $1,080.

3. 1914-S Buffalo Nickel in MS-66

On Feb. 19, Heritage auctioned a CAC-approved, MS-66 grade 1914-S Buffalo nickel for $6,600. On Feb. 21, GreatCollections sold a PCGS-graded MS-66 1814-S Buffalo nickel without a CAC sticker for $4,275.

4. 1862 Gold Quarter Eagle in AU-58

On Feb. 19, Heritage auctioned a CAC-approved, NGC-graded AU-58 1862 $2.5 gold coin for $3,360. On Nov. 22, Heritage auctioned an NGC-graded AU-58 1862 $2.5 gold coin without a CAC sticker for $2,103.60. On Dec. 27, 2020, the firm of David Lawrence sold a PCGS-graded AU-58 1862 $2.5 gold coin without a CAC sticker for $2,700. The CAC-approved coin brought substantially more in February than past results for non-CAC PCGS and non-CAC NGC-graded AU-58 1862 $2.5 gold coins.

5. 1860-S Gold Eagle in AU-55

On Feb. 19, Heritage auctioned a CAC-approved, NGC-graded AU-55 1860-S $10 gold coin for $26,400. A year earlier, at a Long Beach Expo, Heritage auctioned a PCGS-graded AU-55 1860-S $10 gold coin without a CAC sticker for $21,600.

6. 1854 Quarter in MS-64

On Feb. 21, GreatCollections sold a CAC-approved MS-64 grade 1854 quarter for $2,539.77. On Oct. 27, 2020, Heritage sold a PCGS-graded MS-64 1854 quarter without a CAC sticker for $1,440.

7. 1858 Half Dollar in MS-64

On Feb. 21, Heritage auctioned a CAC-approved MS-64 grade 1858 half dollar for $2,880. Over the last six years, PCGS- or NGC-graded MS-64 1858 half dollars have been auctioned or publicly sold over the internet more than a half dozen times by firms that specialize in coins. Not once during the last six years has a non-CAC PCGS- or NGC-graded MS-64 1858 half dollar publicly sold for as much as $1,900. The most recent such sale was by Heritage on June 7, 2020. A PCGS-graded MS-64 1858 half dollar without a CAC sticker then went for $1,560.

8. 1860 Quarter in Proof-66

On Feb. 23, Heritage auctioned a CAC-approved, certified Proof-66 1860 quarter with a ‘Cameo’ designation for $8,040. On September 17, 2020, Heritage auctioned a PCGS-certified Proof-66 1860 quarter also with a ‘Cameo’ designation, though without a CAC sticker for $5,400. Both coins came from the Simpson Collection.

9. 1934 Walking Liberty Half Dollar in MS-68

On Feb. 23, Heritage auctioned a CAC-approved MS-68 grade 1934 Walking Liberty half dollar for $20,400. A non-CAC, certified MS-68 1934 half has not been sold in a while. In November 2018, Heritage auctioned a PCGS-graded MS-68 1934 half dollar without a CAC sticker, for $6,000. In February 2018, GreatCollections sold a different PCGS-graded MS-68 1934 half dollar without a CAC sticker for $5,177.25.

10. 1863 Indian Cent in MS-65

On Feb. 25, Legend auctioned a CAC-approved MS-65 grade 1863 Indian cent for $1,233.75. On Feb. 17, Heritage sold a PCGS-graded MS-65 1863 Indian cent without a CAC sticker for $780.

11. 1916-D Mercury Dime in XF-45

On Feb. 25, Legend auctioned a CAC-approved XF-45 grade 1916-D Mercury dime for $7,931.25. In June 2020, Heritage sold a PCGS-graded XF-45 1916-D Mercury dime without a CAC sticker for $5,760. In July 2019, Heritage auctioned a different PCGS-graded XF-45 1916-D Mercury dime without a CAC sticker for $6,000.

12. 1875-S Twenty Cent Piece in MS-65

On Feb. 25, Legend auctioned a CAC-approved, MS-65 grade 1875-S Twenty Cent piece for $3,407.50. During August 2020, Stack’s Bowers and Heritage, separately, each auctioned a PCGS-graded MS-65 1875-S Twenty Cent piece without a CAC sticker. The 1875-S sold by Stack’s Bowers brought $2,040 and the coin sold by Heritage realized $1,800.

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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