CAC-approved coins tended to outperform other certified coins in a Heritage auction in Chicago, in a Stack’s Bowers auction in Baltimore, and in internet sales by GreatCollections. Here are 10 examples selected from a large number of results that could have been listed.
1. 1924 Saint Gaudens $20 in MS-66
On October 7, David Lawrence Rare Coins sold a CAC-approved MS-66 1924 Saint Gaudens $20 gold coin for $3,850. Another CAC-approved MS-66 1924 Saint was auctioned by Stack’s Bowers on October 25 for $3,600. Non-CAC, PCGS-graded MS-66 1924 $20 gold coins tend to sell for half as much. On September 16 and again on October 28, Legend sold PCGS-graded MS-66 1924 Saints, which were not CAC approved, for $1,870 each. On September 26, Stack’s Bowers sold a non-CAC, PCGS-graded MS-66 1924 Saint for $1,920.
2. 1923 Saint Gaudens $20 in MS-65
On October 11, a CAC-approved, NGC-graded MS-65 1923 Saint Gaudens $20 gold coin was auctioned for $7,320. In August 2018, Heritage auctioned a PCGS-graded MS-65 1923 Saint without a CAC sticker for $3,120. In June 2018, Heritage auctioned another for the same price and Stack’s Bowers sold a PCGS graded MS-65 1923 $20 gold coin without a CAC sticker for $3,000 in Baltimore.
3. 1831 Small Letters quarter in MS-64
On October 11, Heritage auctioned a CAC-approved MS-64 1831 Small Letters quarter for $6,600. In December 2017, Heritage and Legend each auctioned a PCGS-graded MS-64 1831 Small Letters quarter without a CAC sticker for $4,080 and $4,700, respectively.
4. 1887 $1 gold in MS-67
On October 12, Heritage auctioned a CAC-approved, NGC-graded MS-67 1887 $1 gold piece for $4,560. In August 2018 at an ANA Convention, Stack’s Bowers auctioned a PCGS-graded MS-67 1887 $1 gold piece without a CAC sticker for $2,160, less than half the price of the CAC-Stickered coin. During June 2016 in Baltimore, Stack’s Bowers auctioned another non-CAC, PCGS-graded MS-67 1887 $1 gold piece, which realized $2,880. In January 2018, Heritage auctioned a different non-CAC, PCGS-graded MS-67 1887 $1 gold piece for $2,280.
5. 1913 Quarter Eagle in MS-65
On October 12, Heritage auctioned a CAC-approved, NGC-graded MS-65 1913 $2½ gold coin for $6,300. About a month earlier at a Long Beach Expo, Heritage auctioned a PCGS-graded MS-65 1913 $2½ gold coin without a CAC sticker for $3,840. Back in March, Legend auctioned a PCGS-graded MS-65 1913 $2½ gold coin without a CAC sticker for $3,740.
6. 1914-D Saint Gaudens $20 in MS-65
On October 12, Heritage auctioned two certified MS-65 1914-D Saint Gaudens $20 gold coins in consecutive lots. The NGC-graded coin with a CAC sticker realized $3360, while the PCGS-graded 1914-D brought a lesser price of $2,640.
7. 1912 Lincoln cent in MS-66 RD
A certified MS-66 Red 1912 Lincoln cent with a CAC sticker was sold by Heritage for $1,020 on October 14. In August 2018, another major auction firm sold a different MS-66 Red Lincoln cent certified by the same grading service but without a CAC sticker for $552, nearly half as much as the CAC coin realized in October.
8. 1878 Shield nickel in PR-66 CAM
On October 24, Stack’s Bowers auctioned a CAC-approved, Proof 66 cameo 1878 Shield nickel for $3,120. In April 2018, Heritage auctioned a PCGS-certified, Proof 66 cameo 1878 Shield nickel without a CAC sticker for $1,320, less than half as much as the CAC-stickered coin.
9. 1926 silver dollar in MS-66
On October 25, Stack’s Bowers auctioned a CAC-approved MS-66 1926 silver dollar for $2,880. In October, Heritage auctioned a PCGS-graded MS-66 1926 silver dollar without a CAC sticker for $1,140. On September 19, Heritage also auctioned a different PCGS-graded MS-66 1926 silver dollar without a CAC sticker for $1,110.
10. 1899 Morgan silver dollar in MS-65
On October 28, GreatCollections sold a CAC-approved MS-65 1899 Morgan silver dollar for $762.75. On October 14, Heritage sold three certified MS-65 1899 Morgan dollars, none of which had a CAC sticker, for $660, $600, and $588, respectively. All four of these were graded and encapsulated by the same service, yet the CAC-stickered coin realized substantially more during the same month.
