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

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

In addition to faring well in internet sales during the month of May, CAC-approved coins outperformed other certified coins in a live auction in Las Vegas. Here are 10 examples, which were selected from a larger number of results that could have been listed.

1. 1926-S Peace Dollar in MS-66

On May 2, GreatCollections sold a CAC-approved, MS-66 1926-S Peace dollar for $5,962.50. On March 21, GreatCollections sold a PCGS-graded MS-66 1926-S Peace dollar without a CAC sticker for $3,937.50. On January 24, Heritage Auctions sold a different PCGS-graded MS-66 1926-S Peace dollar without a CAC sticker for $3,480.

2. 1892-CC Morgan Dollar in MS-63

On May 9, GreatCollections sold a CAC-approved, MS-63 grade 1892-CC Morgan silver dollar for $3,937.50. On May 2, GreatCollections sold a PCGS-graded MS-63 1892-CC Morgan without a CAC sticker for $2,198.25. On April 25, Heritage sold two non-CAC, PCGS-graded MS-63 1892-CC Morgans for $2,280 and $2,400, respectively.

3. 1899 $5 Half Eagle in MS-65

On May 9, GreatCollections sold a CAC-approved MS-65 grade 1899 $5 gold coin for $2,307.38. On January 13, Heritage sold a PCGS-graded MS-65 1899 $5 gold coin without a CAC sticker for $1,320. On November 13, 2020, Stack’s Bowers auctioned a different PCGS-graded MS-65 1899 $5 gold coin without a CAC sticker for $1,440.

4. 1916 McKinley Commemorative Gold Dollar in MS-67

On May 9, GreatCollections sold a CAC-approved MS-67 grade 1916 McKinley commemorative One Dollar Gold piece for $3,937.50. On March 26, Stack’s Bowers auctioned a PCGS-graded MS-67 1916 McKinley commemorative One Dollar Gold piece without a CAC sticker for $1,440.

5. 1886 Morgan Dollar in MS-67

On May 23, GreatCollections sold a CAC-approved, NGC-graded MS-67 1886 Morgan silver dollar for $3,062.25. On April 1, Stack’s Bowers auctioned a PCGS-graded MS-67 1886 Morgan dollar without a CAC sticker for $1,920. On March 21, David Lawrence Rare Coins sold a different PCGS-graded MS-67 1886 Morgan dollar without a CAC sticker for $875.

6. 1864 ‘Small Motto’ Two Cent Coin in MS-66

On May 26, Legend auctioned a CAC-approved, MS-66 grade 1864 ‘Small Motto’ Two Cent piece with a ‘Full Red’ (RD) designation for $12,925. On Dec. 17, 2020, Stack’s Bowers auctioned a PCGS-certified MS-66 1864 ‘Small Motto’ Two Cent piece also with a ‘Full Red’ (RD) designation, but without a CAC sticker for $7,800. Market levels for Two Cent pieces have not risen since December 2020.

7. 1939 Mercury Dime in PR-66 CAM

On May 26, Legend auctioned a CAC-approved Proof-66-Cameo 1939 Mercury dime for $3,642.50. On August 7, 2020, Stack’s Bowers auctioned a PCGS-certified Proof-66-Cameo 1939 Mercury dime without a CAC sticker for $1,920. Market levels for Proof-66 Mercury dimes have not risen since August 2020.

8. 1879 Quarter in MS-66

On May 26, Legend auctioned a CAC-approved MS-66 grade 1879 quarter for $2,937.50. In December 2019, Heritage sold a PCGS-graded MS-66 1879 quarter without a CAC sticker for $1,860. Even if market values for these have risen in the interim, it is likely that the CAC MS-66 1879 quarter realized a sizable CAC-related premium in May.

9. 1923 Standing Liberty Quarter in MS-67

On May 26, Legend auctioned a CAC-approved, NGC-graded MS-67 1923 Standing Liberty quarter for $1,997.50. On March 25, Stack’s Bowers auctioned a PCGS-graded MS-67 1923 Standing Liberty quarter without a CAC sticker for $1,320.

10. 1829 Half Dollar in MS-64

On May 26, Legend auctioned a CAC-approved MS-64 grade 1829 half dollar for $3,642.50. On March 26, Stack’s Bowers auctioned a PCGS-graded MS-64 1829 half dollar, without a CAC sticker, for $1,920. Both coins are of the same die variety (O-112a).

 

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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