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HomeAuctionsCertified Coin Marketplace: CAC Coins Bring Premiums in March

Certified Coin Marketplace: CAC Coins Bring Premiums in March

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.

 MS-64 1916-S Walking Liberty half dollar
CAC-Approved MS-64 1916-S Walking Liberty half dollar

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.

1909 Barber Half Dollar PCGS MS65 CAC
CAC-Approved MS65 1909 Barber half dollar

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%.

1864 Indian Head Cent PCGS MS65RD CAC
CAC-Approved MS65 1864 Indian Head Cent. Coin imaged by PCGS.

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%!

CAC-Approved NGC PR67 1870 half dollar in Proof
CAC-Approved NGC PR67 1870 half dollar in Proof

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.

CAC-Approved PCGS MS65 1892-CC Morgan Dollar
CAC-Approved PCGS MS65 1892-CC Morgan Dollar

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.

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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