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

In addition to realizing newsworthy premiums in a public auction in Southern California, CAC-approved coins outperformed other certified coins in various public internet sales during the month of March. Here are 10 examples, which were selected from a large number of results that could have been listed.

1. 1899 Liberty Head Quarter Eagle Gold Coin in MS-65

On March 1, the firm GreatCollections sold a CAC-approved, NGC-graded MS-65 Liberty Head 1899 $2.5 gold coin for $1,586.25. In February 2020, at a Long Beach Expo, Heritage auctioned a PCGS-graded MS-65 Liberty Head 1899 $2.5 gold coin without a CAC sticker for $1,380.

2. 1915 Indian Head Half Eagle Gold Coin in MS-64

On March 1, GreatCollections sold a CAC-approved MS-64 grade 1915 Indian Head $5 gold coin for $2,418.75. On December 7, 2019, Heritage sold a PCGS-graded MS-64 1915 Indian Head $5 gold coin without a CAC sticker for $1,860. Earlier, in August 2019, Heritage sold two PCGS-graded MS-64 1915 Indian Head $5 gold coins, neither of which had a CAC sticker, each for $1,740.

3. 1868 Liberty Head Eagle Gold Coin in AU-58

On March 1, GreatCollections sold a CAC-approved AU-58 grade 1868 Liberty Head $10 gold coin for $9,562.50. In January 2020, at the FUN Convention, Heritage auctioned a PCGS-graded AU-58 1868 $10 gold coin without a CAC sticker for $5,523.60. On December 7, 2019, Heritage sold a different PCGS-graded AU-58 1868 $10 gold coin without a CAC sticker for $5,640.

4. 1829 Half Dollar in AU-55

On March 11, Heritage sold a CAC-approved AU-55 grade 1829 half dollar for $690. A week later, Heritage sold a PCGS-graded AU-55 grade 1829 half dollar without a CAC sticker for $360. Neither coin is of a rare die variety.

5. 1930 Standing Liberty Quarter in MS-65 FH

On March 15, Heritage sold a CAC-approved, NGC-certified MS-65 ‘Full Head’ 1930 Standing Liberty quarter for $630. On March 24, Stack’s Bowers sold a PCGS-certified MS-65 ‘Full Head’ 1930 Standing Liberty quarter without a CAC sticker for $432. Furthermore, in the same online sale that ended on February 26, 2020, Heritage sold two PCGS-certified MS-65FH 1930 quarters in old holders. The CAC-approved coin realized $660 while the non-CAC coin sold for $456.

6. 1851 One Dollar Gold Coin in MS-64

1851 Gold Dollar. Image Courtesy: PCGS
1851 Gold Dollar. Image Courtesy: PCGS

On March 15, Heritage sold a CAC-approved MS-64 grade 1851 One Dollar Gold piece for $780. On March 25, Heritage sold a PCGS-graded MS-64 1851 One Dollar Gold piece in an old holder without a CAC sticker for $552. Earlier, on January 8, 2020, Heritage sold a different PCGS-graded MS-64 1851 One Dollar Gold piece in an old holder without a CAC sticker for $576.

7. 1862 One Dollar Gold Coin in MS-65

On March 15, Heritage sold a CAC-approved MS-65 grade 1862 One Dollar Gold piece for $1,800. On December 7, 2019, when market levels for these were higher, a PCGS-graded MS-65 1862 One Dollar Gold piece without a CAC sticker realized $1,080.

8. 1939-D Mercury Dime in MS-68 FB

On March 20, Stack’s Bowers auctioned a CAC-approved, PCGS-certified MS-68 ‘Full Bands’ 1939-D Mercury dime for $2,160. On March 8, the firm David Lawrence Rare Coins sold a PCGS-certified MS-68 ‘Full Bands’ 1939-D Mercury dime without a CAC sticker for $865, which was in the collection of Dell Loy Hansen. On January 8, 2020, Heritage sold a different PCGS-certified MS-68 ‘Full Bands’ 1939-D Mercury dime without a CAC sticker for $690. The CAC-approved coin brought more than the combined prices realized of the other two.

9. 1934-S Peace Dollar in MS-66

On March 20, Stack’s Bowers auctioned a CAC-approved MS-66 grade 1934-S Peace dollar for $32,400. At the FUN Convention in January 2020, Heritage auctioned a PCGS-graded MS-66 1934-S Peace dollar without a CAC sticker for $18,000.

10. 1854-S Eagle Gold Coin in AU-58

On March 20, Stack’s Bowers auctioned a CAC-approved AU-58 grade 1854-S $10 gold coin for $6,600. On November 15, 2019, Stack’s Bowers auctioned a PCGS-graded AU-58 1854-S $10 gold coin without a CAC sticker for $4,560. Market levels for these have not risen in the interim. The CAC-approved coin brought much more.

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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