Stacks Bowers is buying and selling all rare coins and currency

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

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

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

1. 1858 Seated Liberty Quarter in MS-65

1858 Liberty Seated Quarter Dollar. Image: GreatCollections.
1858 Liberty Seated Quarter Dollar. Image: GreatCollections.

On March 5, GreatCollections sold a CAC-approved MS-65 grade 1858 quarter for $3,135 USD. On August 25, Stack’s Bowers auctioned a PCGS-graded MS-65 1858 quarter, without a CAC sticker, for $2,040. Market levels for these were a little higher in March 2023 than they were in August 2022.

2. 1875 Seated Liberty Half Dollar in MS-65

1875 Liberty Seated Half Dollar. Image: GreatCollections.
1875 Liberty Seated Half Dollar. Image: GreatCollections.

On March 5, GreatCollections sold a CAC-approved MS-65 grade 1875 half dollar for $3,465. On Aug. 5, 2022, Stack’s Bowers auctioned a PCGS-graded MS-65 1875 half dollar, without a CAC sticker, for $2,520. Market levels for these were just slightly greater in March 2023, perhaps 7% higher, than they were in August 2022.

3. 1917 Walking Liberty Half Dollar in MS-65

1917 Walking Liberty Half Dollar. Image: GreatCollections.
1917 Walking Liberty Half Dollar. Image: GreatCollections.

On March 5, GreatCollections sold a CAC-approved MS-65 grade 1917 Walking Liberty half dollar for $2,365. On November 15, 2022, Stack’s Bowers sold a PCGS-graded MS-65+ 1917 Walker, without a CAC sticker, for $1,080. While market levels for these increased slightly from November 2022 to March 2023, 5% at most, this increase does not account for the difference between $2,365 and $1,080. A CAC-approved, PCGS-graded MS-65 coin realized more than twice as much as a non-CAC PCGS-graded MS-65+ (‘plus’) 1917 Walking Liberty half dollar.

4. 1905 Liberty Head Quarter Eagle in MS-67

1905 Liberty Head Quarter Eagle. Image: GreatCollections.
1905 Liberty Head Quarter Eagle. Image: GreatCollections.

On March 5, GreatCollections sold a CAC-approved MS-67 grade 1905 $2.5 gold coin for $3,960. On February 9, Heritage Auctions sold a PCGS-graded MS-67 1905 $2.5 gold coin, without a CAC sticker, for $3,120.

5. 1796 Large Date, Small Letters Draped Bust Dollar in VF-30

On March 12, GreatCollections sold a CAC-approved, NGC-graded VF-30 (thirty) 1796 Large Date, Small Letters silver dollar for $8,525. On August 26, Heritage auctioned a PCGS-graded VF-35 (thirty-five) 1796 Large Date, Small Letters silver dollar, without a CAC sticker, for $5,520. Both coins were struck from the same pair of dies. Market levels for these were around 10% higher in March 2023 than they were in August 2022, not enough to account for the just cited difference in prices realized.

6. 1919-D Walking Liberty Half Dollar in MS-64

1919-D Walking Liberty Half Dollar. Image: Stack's Bowers.
1919-D Walking Liberty Half Dollar. Image: Stack’s Bowers.

On March 21, Stack’s Bowers auctioned a CAC-approved MS-64 grade 1919-D half dollar for $30,000. On January 11, Heritage auctioned a PCGS-graded MS-64 1919-D half dollar, without a CAC sticker, for $19,800. Market levels for these were about the same in March as they were in January.

7. 1884-S Morgan Dollar in MS-62

On March 21, Stack’s Bowers auctioned a CAC-approved MS-62 (sixty-two) grade 1884-S Morgan silver dollar for $36,000. On Feb. 9, Heritage sold a PCGS-graded MS-63 (sixty-three) 1884-S Morgan, without a CAC sticker, for $25,200. A CAC-approved MS-62 (sixty-two) grade coin thus brought substantially more than a non-CAC, PCGS-graded MS-63 (sixty-three) grade 1884-S Morgan dollar.

8. 1855-O Liberty Head Eagle in AU-55

1855-O Eagle Ten Dollar Gold Coin. Image: Stack's Bowers.
1855-O Eagle Ten Dollar Gold Coin. Image: Stack’s Bowers.

On March 22, Stack’s Bowers auctioned a CAC-approved AU-55 grade 1855-O $10 gold coin for $20,400. On Nov. 2, Stack’s Bowers auctioned a PCGS-graded AU-55 1855-O ten, without a CAC sticker, for $8,400. On Aug. 23, Stack’s Bowers auctioned a different PCGS-graded AU-55 1855-O $10 gold coin, without a CAC sticker, for $14,400. All three were from the Fairmont hoard.

9. 1873-CC Liberty Head Double Eagle in AU-58

1873-CC Double Eagle $20 Gold Coin. Image: Stack's Bowers.
1873-CC Double Eagle $20 Gold Coin. Image: Stack’s Bowers.

On March 22, Stack’s Bowers auctioned a CAC-approved AU-58 grade 1873-CC $20 gold coin for $55,200. On Nov. 2, Stack’s Bowers auctioned a PCGS-graded AU-58 1873-CC $20 gold coin, without a CAC sticker, for $31,200.

10. 1934-D Peace Dollar in MS-66

1934-D Peace Dollar. Image: Stack's Bowers.
1934-D Peace Dollar. Image: Stack’s Bowers.

On March 23, Stack’s Bowers auctioned a CAC-approved MS-66 grade 1934-D Peace silver dollar for $6,600. On Jan. 22, David Lawrence Rare Coins sold a PCGS-graded MS-66 1934-D Peace dollar, without a CAC sticker, for $4,206. Earlier, on September 8, 2022. Legend auctioned a different PCGS graded MS-66 1934-D Peace dollar, without a CAC sticker, for $4,817.50.

CoinWeek
CoinWeekhttps://coinweek.com
Coinweek is the top independent online media source for rare coin and currency news, with analysis and information contributed by leading experts across the numismatic spectrum.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stacks Bowers Auction

Bullion Sharks Gold

David Lawrence Rare Coins Auctions