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Certified Coin Marketplace – CAC-Approved Coins Bring Premiums in May 2022

During the month of May, CAC-approved coins fared well in internet sales and in a live auction in Dallas. Here are 10 examples, which were selected from a large number of results that could have been listed.

Certified Coin Marketplace - CAC-Approved Coins Bring Premiums in May 20221. 1916-D Mercury Dime in MS-65 FB

On May 5, Heritage auctioned a CAC-approved MS-65 (sixty-five) grade 1916-D Mercury dime with a ‘Full Bands’ (FB) designation for $63,000 USD. On October 7, 2021, Heritage sold a non-CAC PCGS-graded MS-66 (sixty-six) grade 1916-D dime, also with a ‘Full Bands’ designation, for $43,200. Therefore, a CAC-approved, PCGS-certified MS-65 FB (sixty-five, Full Bands) 1916-D dime brought almost 50% more than a PCGS-certified MS-66 FB (sixty-six, Full Bands) 1916-D dime without a CAC sticker.

2. 1936-S Walking Liberty Half Dollar in MS-67

On May 5, Heritage auctioned a CAC-approved MS-67 grade 1936-S half dollar for $34,800. On April 21, 2021, Legend auctioned a PCGS-graded MS-67 1936-S half dollar without a CAC sticker for $17,037.50. Although certified MS-67 1936-S halves increased in value from April 2021 to May 2022, this increase would account for only a small portion of the more than 100% difference between $17,037.50 and $34,800.

3. 1892-S Morgan Dollar in MS-63

On May 5, Heritage auctioned a CAC-approved MS-63 grade 1892-S silver dollar for $114,000. On August 17, 2021, Stack’s Bowers auctioned a PCGS-graded MS-63 1892-S silver dollar without a CAC sticker for $84,000.

4. 1925 Saint-Gaudens $20 Double Eagle Gold Coin in MS-67

On May 5, Heritage auctioned a CAC-approved MS-67 grade 1925 $20 gold coin for $132,000. On Jan. 9, 2020, Heritage auctioned a PCGS-graded MS-67 1925 $20 gold coin without a CAC sticker for $21,600.

5. 1889 Three Cent Nickel in Proof-67

On May 12, a CAC-approved Proof-67 1889 Three Cent Nickel sold on eBay for $1,199. On Feb. 22, 2022, Heritage sold a PCGS-certified Proof-67 1889 Three Cent Nickel without a CAC sticker for $870.

6. 1834 Small Date, Small Letters Half Dollar in AU-58

On May 12, a CAC-approved AU-58 grade 1834 ‘Small Date, Small Letters’ half dollar sold on eBay for $910. On April 5, Heritage sold a PCGS-graded AU-58 1834 ‘Small Date, Small Letters’ half dollar, without a CAC sticker for $630.

7. 1950-D Washington Quarter in MS-67

On May 13, a CAC-approved, NGC-graded MS-67 1950-D quarter sold on eBay for $389.95. Less than two weeks earlier, on May 1, Legend sold a PCGS-graded MS-67 1950-D quarter without a CAC sticker for $293.75.

8. 1907 High Relief Flat Edge Saint-Gaudens $20 Double Eagle in MS-66

On May 15, GreatCollections sold a CAC-approved MS-66 grade 1907 ‘High Relief Flat Edge’ $20 gold coin for $147,950. On May 5, Heritage auctioned a PCGS-graded MS-66 1907 ‘High Relief Flat Edge’ $20 gold coin without a CAC sticker for $108,000.

9. 1941 Walking Liberty Half Dollar in MS-68

On May 22, GreatCollections sold a CAC-approved MS-68 grade 1941 half dollar for $15,400. On May 4, Heritage sold a PCGS-graded MS-68 1941 half dollar without a CAC sticker for $6,600. On April 3, GreatCollections sold a different PCGS-graded MS-68 1941 half dollar, without a CAC sticker for $6,592.50. The cited CAC-approved coin sold for more than twice as much as either of two non-CAC, PCGS-graded MS-68 1941 half dollars.

10. 1924 Peace Dollar in MS-67

On May 22, GreatCollections sold a CAC-approved MS-67 grade 1924 Peace silver dollar for $15,409.90. On April 17, GreatCollections sold a PCGS-graded MS-67 1924 Peace dollar without a CAC sticker for $10,125, around one-third less.

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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