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

In addition to performing well in public internet sales, CAC-approved coins outperformed other certified coins in a live auction in Dallas during the month of January. Here are 10 examples, which were selected from a large number of results that could have been listed.

1. 1805 Quarter in AG-03

On January 3, GreatCollections sold a CAC-approved Almost Good-03 grade 1805 quarter for $312.12 USD. On December 8, 2020, Heritage Auctions sold a PCGS-graded AG-03 1805 quarter without a CAC sticker for $180.

2. 1831 Small Letters Quarter in AU-58

On January 3, GreatCollections sold a CAC-approved AU-58 grade 1831 ‘Small Letters’ quarter for $2,475. On August 7, 2020, Stack’s Bowers auctioned a PCGS-graded AU-58 1831 ‘Small Letters’ quarter without a CAC sticker for $1,140, less than half as much.

3. 1918 Standing Liberty Quarter in MS-66 FH

On January 10, GreatCollections sold a CAC-approved MS-66 grade 1918 quarter with a ‘Full Head’ (FH) designation for $6,669. On January 21, Heritage auctioned a PCGS-certified MS-66FH 1918 quarter without a CAC sticker for $4,680.

4. 1883 Three Cent Nickel in MS-67

On January 21, Heritage auctioned a CAC-approved, certified MS-67 1883 Three Cent Nickel for $36,000. On September 18, Heritage auctioned a PCGS-graded MS-67 1883 Three Cent Nickel without a CAC sticker for $25,920.

5. 1913 Type Two Buffalo Nickel in PR-68

On January 21, Heritage auctioned a CAC-approved, certified Proof-68 1913 ‘Type Two’ Buffalo nickel for $31,200. On October 15, 2020, Heritage auctioned a PCGS-certified Proof-68 1913 ‘Type Two’ Buffalo nickel without a CAC sticker for $13,800.

6. 1925-S Peace Dollar in MS-65

On January 21, in consecutive lots, Heritage auctioned two PCGS-graded MS-65 1925-S Peace dollars. The 1925-S with a CAC sticker brought $37,200, while the 1925-S without a sticker realized $15,600.

Read CoinWeek’s informative Collector’s Guide to the 1925-S Peace Dollar.

7. 1860-S Liberty Head $10 Gold Eagle in AU-55

On January 21, Heritage auctioned a CAC-approved, NGC-graded AU-55 1860-S Liberty Head $10 gold coin for $25,200. On February 20, 2020, Heritage auctioned a PCGS-graded AU-55 1860-S $10 gold coin without a CAC sticker for $21,600. That 1860-S was from the famous Harvey Jacobson Collection. Nevertheless, the CAC-approved NGC-graded coin brought 16.67% more.

8. 1881-O Morgan Dollar in MS-66

On January 22, Heritage auctioned a CAC-approved MS-66 grade 1881-O Morgan silver dollar with a CAC sticker for $13,200. During 2020, four PCGS-graded MS-66 1881-O Morgans were auctioned–not one of which had a CAC sticker–by Stack’s Bowers for $4,560 on November 13, by Stack’s Bowers for $3,840 on August 7, by Legend Rare Coin Auctions for $4,582.50 on January 30, and another by Legend on January 30 for $4,817.50. The CAC-approved 1881-O thus realized a premium of more than 250% above the respective price realized of each of four non-CAC 1881-O Morgan dollars that received the same grade from the same grading service.

9. 1900-O Morgan Dollar in MS-67

On January 22, Heritage auctioned a CAC-approved MS-67 grade 1900-O Morgan silver dollar for $7,800. On October 25, 2020, David Lawrence Rare Coins sold a PCGS-graded MS-67 1900-O Morgan without a CAC sticker for $2,750. On October 8, 2020, Legend auctioned a different PCGS-graded MS-67 1900-O Morgan without a CAC sticker for $2,056.25.

10. 1872 One Dollar Gold Coin in MS-67

On January 22, Heritage auctioned a CAC-approved, MS-67 grade 1872 One Dollar Gold piece for $16,200. On September 17, 2020, Heritage auctioned a PCGS-graded MS-67+ 1872 One Dollar Gold piece without a CAC sticker for $12,000.

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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