HomeAuctionsCertified Coin Marketplace - CAC-Approved Coins Bring Premiums in June 2023

Certified Coin Marketplace – CAC-Approved Coins Bring Premiums in June 2023

In addition to realizing impressive prices in internet sales during the month of June, CAC-approved coins fared well in a live auction in Costa Mesa, California. Here are 10 examples, selected from a large number of results that could have been listed.

1. 1926-S Lincoln Cent in MS-64 RD

1926-S Lincoln Cent. CAC-approved MS64RD. Image: Stack's Bowers.
1926-S Lincoln Cent. CAC-approved MS64RD. Image: Stack’s Bowers.

On June 14, Stack’s Bowers auctioned a CAC-approved MS-64 grade 1926-S Lincoln cent for $15,600 USD. On October 7, 2022, Heritage auctioned a PCGS-graded MS-64 1926-S Lincoln, without a CAC sticker, for $8,400. Both coins have received a ‘Full Red’ (RD) color designation from PCGS.

While certified MS-64RD 1926-S Lincolns have increased in value so far in 2023, this increase would not account for much of the difference between $15,600 and $8,400.

2. 1889-CC Morgan Dollar in XF-45

On June 14, Stack’s Bowers auctioned a CAC-approved XF-45 grade 1889-CC Morgan silver dollar for $6,600. XF-45 grade 1889-CC Morgans are not auctioned often. On Oct. 11, 2022, Stack’s Bowers auctioned a PCGS-graded XF-45 1889-CC Morgan dollar, without a CAC sticker, for $3,960. On Oct. 7, Heritage sold a different PCGS-graded XF-45 1889-CC Morgan dollar, without a CAC sticker, for $4,440.

Market levels for XF-45 grade 1889-CC Morgans were, at most, 5% higher in June 2023 than they were in October 2022.

3. 1921 Peace Dollar in MS-64

1921 Peace Dollar. CAC-approved MS64. Image: Stack's Bowers.
1921 Peace Dollar. CAC-approved MS64. Image: Stack’s Bowers.

On June 14, Stack’s Bowers auctioned a CAC-approved MS-64 grade 1921 Peace silver dollar for $1,800. On May 10, Stack’s Bowers sold a PCGS-graded MS-64 1921 Peace silver dollar without a CAC sticker for $1,320.

4. 1924 Saint-Gaudens Double Eagle in MS-66

1924 Saint-Gaudens Double Eagle. CAC-approved MS66. Image: Stack's Bowers.
1924 Saint-Gaudens Double Eagle. CAC-approved MS66. Image: Stack’s Bowers.

On June 14, Stack’s Bowers auctioned a CAC-approved MS-66 grade 1924 Saint-Gaudens $20 gold coin for $6,000. On May 31, Heritage sold a PCGS-graded MS-66 1924 Saint, without a CAC sticker, for $3,480. A little earlier, on May 5, Heritage auctioned four PCGS-graded MS-66 1924 $20 gold coins, each without a CAC sticker, for $3,600, $3,000, $3,000, and $2,882.40, respectively. On the same day, Heritage also auctioned an NGC-graded MS-66 1924 twenty, without a CAC sticker, for $3,000.

5. 1920-D Mercury Dime in MS-64

On June 15, Stack’s Bowers auctioned a CAC-approved MS-64 grade 1920-D Mercury dime for $1,440. On March 8, Stack’s Bowers sold a PCGS-graded MS-64 1920-D dime, without a CAC sticker, for $900. Both coins received a ‘Full Bands’ (FB) designation from PCGS.

6. 1907 Quarter Eagle in MS-66

On June 18, GreatCollections sold a CAC-approved MS-66 grade 1907 $2.5 gold coin for $1,677.50. On January 4, 2023, Heritage auctioned a PCGS-graded MS-66 1907 $2.5 gold coin, without a CAC sticker, for $1,020. Market values for these were close to being the same in June as they were in January 2023, possibly a 1% to 3% difference.

7. 1903 Barber Quarter in Proof 65

On June 19, Heritage sold a CAC-approved Proof-65 1903 quarter for $1,920. On April 18, Heritage sold a PCGS-certified Proof-65 1903 quarter, without a CAC sticker, for $1,080.

8. 1927-S Buffalo Nickel in AU-58

On June 25, GreatCollections sold a CAC-approved AU-58 grade 1927-S nickel for $840.40. On December 13, 2022, Stack’s Bowers sold a PCGS-graded AU-58 1927-S nickel, without a CAC sticker, for $504.

Market values for these were not significantly higher in June 2023 than they were in December 2022.

1936 Albany Half Dollar. CAC-approved MS67. Image: GreatCollections.
1936 Albany Half Dollar. CAC-approved MS67. Image: GreatCollections.

9. 1936 Albany Commemorative Half Dollar in MS-67

On June 25, GreatCollections sold a CAC-approved MS-67 grade 1936 Albany commemorative half dollar for $1,486.65. On April 30, GreatCollections sold a PCGS-graded MS-67 1936 Albany commemorative half dollar, without a CAC sticker, for $593.26. Both coins feature colorful toning with similar yellow and orange-russet tints. On March 19, GreatCollections sold a different PCGS-graded MS-67 1936 Albany commemorative half dollar, without a CAC sticker, for $759.38.

10. 1916-S Eagle in AU-58

On June 25, GreatCollections sold a CAC-approved AU-58 grade 1916-S $10 gold coin for $2,475. On May 10, Stack’s Bowers sold a PCGS-graded AU-58 1916-S $10 coin, without a CAC sticker, for $1,560.

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. Would like to have some coins and paper money s authenticated, can you show me the way to do this process.??

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