CAC-approved coins outperformed other certified coins in the official auction at the Long Beach Expo in Los Angeles County, and in various public internet sales during the month of September. Here are 10 examples, which were selected from a large number of results that could have been listed.

1. 1876-CC Twenty Cent Piece in MS-64

1876-CC 20¢ MS64 CAC - Imaged by Heritage Auctions
1876-CC 20¢ PCGS MS64 CAC – Imaged by Heritage Auctions

In the official auction of the Long Beach Expo during early September, Heritage sold a CAC-approved MS-64 1876-CC Twenty Cent Piece for $456,000. In August, Stack’s Bowers auctioned a PCGS-graded MS-65 1876-CC Twenty Cent Piece without a CAC sticker for this same amount, $456,000. A CAC approved MS-64 grade, famous rarity thus brought the same amount as a non-CAC, PCGS-graded MS-65 grade 1876-CC Twenty Cent Piece that was struck from the same pair of dies at the United States Mint in Carson City, Nevada.

2. 1916-D Mercury Dime in MS-66 FB

1916-D Mercury Dime in MS-66 FB
1916-D Mercury Dime in PCGS MS-66 FB CAC – Imaged by Heritage Auctions

On September 5 at the Long Beach Expo, Heritage auctioned a CAC-approved MS-66 grade 1916-D Mercury dime with a Full Bands (FB) designation for $66,000. Heritage auctioned PCGS-certified MS-66 Full Bands 1916-D dimes without stickers of approval from CAC for $36,000 at a CSNS Convention in April and for $45,600 at the FUN Convention in January 2019.

3. 1880-O Morgan Silver Dollar in MS-65

1880-O Morgan Silver Dollar in MS-65
1880-O Morgan Silver Dollar in PCGS MS-65 CAC – Imaged by Heritage Auctions

On September 5, Heritage auctioned a CAC-approved MS-65 grade 1880-O Morgan silver dollar for $21,600. These are not often auctioned. Back in July 2018, Heritage sold a PCGS-graded MS-65 1880-O Morgan without a CAC sticker for $12,000, and the firm of David Lawrence Rare Coins sold a different PCGS-graded MS-65 1880-O Morgan without a CAC sticker for $14,000.

4. 1907 Saint-Gaudens High Relief $20 Double Eagle Gold Coin in MS-63

1907 Saint Gaudens "High Relief" Double Eagle in NGC MS63 CAC - Imaged by Heritage Auctions
1907 Saint Gaudens “High Relief” Double Eagle in NGC MS63 CAC – Imaged by Heritage Auctions

On Sept. 5, Heritage auctioned an NGC-graded MS-63 1907 High Relief $20 gold coin with a CAC sticker for $21,600, and a PCGS-graded MS-63 1907 High Relief $20 gold coin with a CAC sticker for $20,400. In July 2019, Heritage auctioned a different PCGS-graded MS-63 1907 High Relief $20 gold coin with a CAC sticker for $22,200.

The prices realized for these three CAC-approved coins should be compared to prices realized for two PCGS-graded MS-63 1907 High Relief $20 gold coins without CAC stickers, $18,000 at a Heritage auction in April, and $16,800 in the official auction at the Long Beach Expo in June 2019. All five High Relief Saints that were just mentioned are of the ‘Wire Edge’ variety, which is often referred to as a “Wire Rim“.

5. 1924-D Standing Liberty Quarter in MS-65 FH

1924-D Standing Liberty Quarter in NGC MS65 Full Head CAC - Imaged by Heritage Auctions
1924-D Standing Liberty Quarter in NGC MS65 Full Head CAC – Imaged by Heritage Auctions

On Sept. 5, Heritage auctioned an NGC-graded MS-65 1924-D Standing Liberty quarter with a Full Head (FH) designation and a CAC sticker for $8,700. In August 2019, at an ANA Convention, Heritage auctioned a PCGS-certified MS-65 ‘Full Head’ (FH) 1924-D without a CAC sticker for $2,880.

6. 1882-S Morgan Dollar in MS-68

1882-S Morgan Dollar in PCGS MS68 CAC - Imaged by Heritage Auctions
1882-S Morgan Dollar in PCGS MS68 CAC – Imaged by Heritage Auctions

On September 5, Heritage auctioned a CAC-approved MS-68 grade 1882-S Morgan silver dollar for $6,900. In January 2019, in the FUN Convention auction, Heritage sold two PCGS-graded MS-68 1882-S Morgans, neither of which had a CAC sticker. Each of these non-CAC 1882-S Morgans realized $4,560. Back in October 2018, Stack’s Bowers auctioned a PCGS-graded MS-68 1882-S Morgan dollar without a CAC sticker, for $4,800.

7. 1926 Saint-Gaudens $20 Double Eagle Gold Coin in MS-66

On Sept. 5, Heritage auctioned a CAC-approved MS-66 1926 $20 gold coin for $6,600 at a Long Beach Expo. The next day, on Sept. 6, Heritage sold a PCGS-graded MS-66 1926 $20 gold coin without a CAC sticker for $3,600–45% less!

8. 1916 Mercury Dime in MS-66 FB

On Sept. 22, the firm of GreatCollections sold a CAC-approved MS-66 grade 1916 Mercury dime with a Full Bands (FB) designation for $596.25. On August 14, 2019, Heritage sold a PCGS-graded MS-66 1916 Mercury dime, also with a Full Bands (FB) designation but without a CAC sticker, for $324. Both coins were in PCGS blue-label holders from the same era. On February 6, 2019, Heritage sold a different PCGS-certified MS-66 FB 1916 Mercury dime without a CAC sticker for $228.

9. 1875 Twenty Cent Piece in XF-45

On Sept. 22, GreatCollections sold a CAC-approved XF-45 grade 1875 Twenty Cent Piece for $489.38. On May 8, 2019, Heritage sold two PCGS-graded XF-45 1875 Twenty Cent Pieces without CAC stickers for $348 and $384, respectively.

10. 1947 Walking Liberty Half Dollar in MS-67

On Sept. 22, GreatCollections sold a CAC-approved MS-67 grade 1947 Walking Liberty half dollar for $4,520.25. On August 28, Heritage sold two PCGS-graded MS-67 1947 Walkers without CAC stickers for $840 and $960, respectively. At the end of April 2019, Heritage sold two other PCGS-graded MS-67 1947 Walking Liberty halves, without CAC stickers, for $840 and $2,430.
 

1 COMMENT

  1. Old coins are a risk, must be an expert or have access to one when buying. One appraiser’s ms 69 is anothers ms 67. Buyer beware. If buying say silvers for when paper money is no good better start soon. Maple leaf coins or silver eagles are good buys. The paper will soon be worthless.

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