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Certified Coin Marketplace: CAC Coins Bring Premiums in February

In addition to faring well in internet sales, CAC-approved coins outperformed other certified coins in a live auction at the Long Beach Coin and Collectibles Expo in California. Here are 10 examples, which were selected from a large number of results that could have been listed.

1. 1829 Half Cent

On February 3, Heritage auctioned a CAC-approved MS-63-Brown 1829 half-cent for $720 USD. On Feb. 24, GreatCollections sold a PCGS-certified MS-63BN half-cent without a CAC sticker for $522.65.

2. 1869 Proof Shield Nickel

On Feb. 3, Heritage auctioned a CAC-approved Proof-66 certified 1869 Shield nickel for $1,140. In December 2018, Heritage auctioned a PCGS-certified Proof-66 1869 Shield nickel without a CAC sticker for $660. On Feb. 15, 2019, GreatCollections sold a different PCGS-certified Proof-66 1869 Shield nickel without a CAC sticker for $815.62.

3. 1937 Proof Buffalo Nickel

On Feb. 3 at the Long Beach Coin Expo, Heritage auctioned a CAC-approved Proof-66 1937 Buffalo nickel for $1,020. At the FUN Convention in January 2019, Heritage auctioned two non-CAC PCGS-certified Proof-65 1937 nickels for $840 and $810, respectively.

4. 1916-D Mercury Dime

On Feb. 3, Heritage auctioned a CAC-approved Good-06 grade 1916-D Mercury dime for $960. In November, Heritage auctioned a PCGS-graded Good-06 1916-D without a CAC sticker for $840. Also in November 2018, Scotsman auctioned a different PCGS-graded Good-06 1916-D dime, without a CAC sticker, for $748.

5. 1929-S Quarter

On Feb. 3, Heritage auctioned an NGC-graded MS-66 1929-S quarter with a CAC sticker for $660. On December 14, 2018, Heritage auctioned a PCGS-graded MS-66 1929-S quarter without a CAC sticker, for $540. So, the NGC coin with CAC approval brought 22% more than a corresponding PCGS-graded coin without a sticker. The $540 result was not an unusually low price for a non-CAC MS-66 1929-S.

Another non-CAC PCGS-graded 1929-S quarter brought $480 and another CAC-approved MS-66 grade 1929-S quarter went for $780 in the same Heritage auction in October 2018.

1886 Morgan Dollar NGC MS676. 1886 Morgan Dollar

On Feb. 3, Heritage auctioned an NGC-graded MS-67 1886 Morgan silver dollar with a CAC sticker, for $1,200. On January 14, Heritage auctioned a PCGS-graded MS-67 1886 Morgan silver dollar with a CAC sticker for $1,080.

Non-CAC MS-67 grade 1886 Morgans have been bringing much less in Heritage sales. On Jan. 14, two non-CAC coins each brought $576. On Jan. 9, a PCGS-graded MS-67 1886 Morgan sold for $720. On Jan. 24, Stack’s Bowers sold a different PCGS graded MS-67 1886 Morgan, also without a CAC sticker, for $840.

7. 1866 Shield Nickel with Rays

On Feb. 10, GreatCollections sold a CAC-approved MS-63 grade 1866 Shield nickel with Rays for $455.62. On Jan. 16, Heritage sold a PCGS-graded MS-63 1866 “with Rays” Shield nickel, which does not have a CAC sticker, for $360. On Dec. 26, Heritage sold another PCGS-graded MS-63 1866 “Rays” Shield nickel without a CAC sticker for $408.

8. 1915 Buffalo Nickel

On Feb. 10, GreatCollections sold a CAC-approved MS-67 1915 Buffalo nickel for $3,110.62. On Jan. 14, 2019, Heritage sold a PCGS-graded MS-67 1915 nickel without a CAC sticker for $1,920. On Sept. 9, 2018, Heritage auctioned another PCGS graded MS-67 1915 nickel without a CAC sticker for $1,680.

9. 1883 Liberty Seated Dime

On Feb. 10, GreatCollections sold a CAC-approved MS-65 grade 1883 Liberty Seated dime for $816.75. Less than a month earlier on Jan. 14, Heritage auctioned a PCGS-graded MS-65 1883 dime without a CAC sticker for $480.

10. 1898 Barber Dime

On Feb. 10, GreatCollections sold a CAC-approved MS-65 grade 1898 Barber dime for $478.12. On November 14, 2018, Heritage sold a PCGS-graded MS-65 1898 Barber dime without a CAC sticker for $336. More than a year ago, in December 2017, Heritage sold another PCGS-graded MS-65 1898 Barber dime without a CAC sticker for $360.

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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