In addition to faring well in internet sales, CAC-approved coins outperformed other certified coins in live auctions in Maryland and Texas during March. Here are 10 examples, which were selected from a large number of results that could have been listed.
1. 1916-S Walking Liberty Half Dollar in MS-64
On March 1, Stack’s-Bowers auctioned a CAC-approved MS-64 1916-S Walking Liberty half dollar for $3,600. Later in the month, Heritage auctioned two PCGS-graded MS-64 1916-S Walking Liberty halves without CAC stickers. They sold in consecutive lots on March 16, one for $2,280 and the other brought $2,640.
2. 1909 Half Dollar in MS-65
On March 1, Stack’s-Bowers auctioned a CAC-approved MS-65 1909 half dollar for $2,280. On March 16, Heritage auctioned a PCGS-graded MS-65 1909 half in an old holder without a CAC sticker for $1,440. At the Long Beach Expo in June 2018, another non-CAC PCGS-graded MS-65 1909 half realized $1,207.20 at auction. The CAC-stickered 1909 half thus brought a premium of well over 50%.
3. 1864 Indian Cent in MS-65
In early March, Stack’s-Bowers auctioned two bronze 1864 Indian cents that were PCGS-graded as MS-65 with a PCGS designation indicating full original red color (“RD”). The 1864 with a CAC sticker realized $1,200 on March 1. The 1864 cent with the same PCGS certification though without a CAC sticker went for $840 three days later on March 4. The CAC coin brought a premium of more than 40%!
4. 1870 Half Dollar in Proof-67
On March 14, Heritage auctioned an NGC-certified Proof-67 1870 half dollar, with a CAC sticker, for $18,600. In contrast, Heritage auctioned a PCGS-certified Proof-67 1870 half dollar without a CAC sticker for $9,600 in September 2017. Another NGC-certified Proof-67 1870 half without a CAC sticker (from the Eric Newman Collection) realized $11,456.25 in November 2013, more than the just mentioned PCGS-certified coin but considerably less than the CAC-approved coin that just sold on March 16, 2019.
5. 1874 $20 Gold Double Eagle in MS-62
On March 14, Heritage auctioned a CAC-approved MS-62 1874 $20 gold coin for $10,200. On February 28, Stack’s-Bowers auctioned a PCGS-graded MS-62 1874 $20 gold coin without a CAC sticker for $5,760. Another PCGS-graded MS-62 1874 $20 gold coin without a CAC sticker was auctioned for $6,900 back in October 2018.
6. 1892-CC Morgan Silver Dollar in MS-65
On March 14, Heritage auctioned two PCGS-graded MS-65 1892-CC Morgan silver dollars in consecutive lots. One with a CAC sticker realized $7,200 and the other, which did not have a CAC sicker, sold for $4,860.
7. 1915 $20 Gold Double Eagle in MS-64
On March 14, Heritage auctioned a CAC-approved MS-64 1915 $20 gold coin for $5,460. Two days later Heritage sold a PCGS-graded MS-64 1915 $20 gold coin without a CAC sticker for considerably less, just $2,880.
8. 1893-S Morgan Silver Dollar in Fine-12
On March 15, Heritage auctioned a CAC-approved Fine-12 1893-S Morgan dollar for $3,842.40. Not long ago, Heritage sold a few PCGS-graded Fine-12 1893-S Morgans without CAC stickers. On Dec. 14, 2018, a non-CAC Fine-12 1893-S Morgan sold for $3,360. On Nov. 11, 2018, Heritage sold two, non-CAC, PCGS-graded Fine-12 1893-S Morgans, for $3,360 and $2,880, respectively. In June 2018, Stack’s-Bowers auctioned a PCGS-graded Fine-12 1893-S without a CAC sticker for $3,120.
9. 1882 Dime in MS-63
On March 24, GreatCollections sold a CAC-approved MS-63 1882 dime for $231.76. In 2018, Heritage auctioned non-CAC PCGS-graded MS-63 1882 dimes on three occasions, for $168 in July, for $186 in April and for $180 in March.
10. 1821 Bust Quarter in VG-08
On March 24, GreatCollections sold a CAC-approved Very Good-08 grade 1821 quarter for $225.06. On January 23, 2019 Heritage sold a PCGS-graded VG-10 1821 quarter without a CAC sticker for $132, much less than the price realized for the just-mentioned CAC-approved VG-08 grade 1821 quarter.
