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Certified Coin Marketplace: CAC Coins Bring Premiums in November

CAC coins

CAC-approved coins outperformed other certified coins in a live auction in Dallas and in internet sales during November. Here are 10 examples which were selected from a large number of results that could have been listed.

1. 1895-O Dime in MS-64

On November 8, Heritage auctioned a CAC-approved MS-64 1895-O dime for $20,400 USD. This outcome is well above results for non-CAC 1895-O dimes. In January 2017, Heritage auctioned a PCGS-graded MS-64 1895-O dime without a CAC sticker for $15,275. In June 2017, Stack’s-Bowers auctioned a non-CAC, PCGS-graded MS-64+ 1895-O dime for $17,625.

2. 1876 Twenty Cent in PF-65

On November 8, Heritage auctioned an NGC-certified Proof 65 1876 twenty cent piece with a CAC sticker for $11,400. In February 2018, the Goldbergs sold a PCGS-certified Proof 65 1876 twenty cent piece without a CAC sticker for $4,700. Over the past three years, only one certified Proof 65 or Proof 65 cameo 1876 twenty cent piece without a CAC sticker has publicly realized as much as $6,300. It was an NGC-certified 1876 Proof 65 cameo that Heritage auctioned on January 8, 2018.

3. 1935 Hudson Commemorative Half Dollar in MS-67

An NGC-graded MS-67 Hudson 1935 commemorative half dollar with a CAC sticker brought $13,200 on November 8. Over the last four years, Heritage has auctioned three non-CAC, PCGS-graded MS-67 Hudson 1935 commemorative half dollars for $7,931.25 in July 2017, for $9,400 in January 2016 and for $8,518.75 in July 2015. A CAC-approved, PCGS-graded MS-67 Hudson brought $9,693.75 in January 2016. In recent years, all the non-CAC MS-67 Hudson commemoratives brought less than $9,500, and an NGC-graded MS-67 Hudson with a CAC sticker brought the most – the $13,200 result mentioned above.

4. 1938-D Half Dollar in MS-67

In consecutive lots on November 8, Heritage auctioned two PCGS-graded MS-67 1938-D half dollars. The 1938-D half dollar with a CAC sticker brought $5,040 after the 1938-D without a CAC sticker realized $3,720.

5. 1922-S Double Eagle in MS-64

On November 8, Heritage auctioned a CAC-approved MS-64 1922-S $20 gold coin for $8,217.60. At the Long Beach Expo in September, Heritage sold a PCGS-graded MS-64 1922-S $20 gold coin without a CAC sticker for $5,760. In June 2018, Stack’s-Bowers auctioned another PCGS-graded MS-64 1922-S without a CAC sticker for $4,800.

6. 1934-S Half Dollar in MS-65

On November 9, a CAC-approved MS-65 1934-S half dollar brought $2,880. At the Long Beach Expo in September 2018, Heritage auctioned a PCGS-graded MS-65 1934-S half dollar without a CAC sticker for $1,680. At the Long Beach Expo in June, another non-CAC, PCGS-graded MS-65 1934-S half dollar was auctioned for $1,580.

7. 1851-D Half Eagle in AU-55

On November 9, a CAC-approved AU-55 1851-D $5 gold coin realized $4,320. In April 2018 at the Central States Convention, the same auction firm sold a PCGS-graded AU-55 1851-D $5 gold coin without a CAC sticker for $3,240.

8. 1956 Quarter in MS-67

On November 11, GreatCollections sold a CAC-approved MS-67 1956 quarter for $889.88. During June 2018, Heritage sold two non-CAC, PCGS-graded MS-67 1956 quarters for $114 and $94, respectively.

9. 1927-S Mercury Dime in MS-63

On November 18, GreatCollections sold a CAC-approved MS-63 1927-S Mercury dime for $1,194.75. At the Long Beach Expo in September 2018, Heritage auctioned a PCGS-graded MS-63 1927-S dime without a CAC sticker for $660.

10. 1936 Washington Quarter in PR-66

On November 18, GreatCollections sold a CAC-approved, certified Proof 66 1936 Washington quarter for $2,306.25. In late October, Stack’s-Bowers sold a PCGS-certified Proof 66 Washington quarter without a CAC sticker for $1,200.

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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