CAC Coins Bring Premiums in March 2019

April 1, 2019

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 ten examples, which were selected from a large number of results that could have been listed.

  1. On March 1, Stack’s-Bowers auctioned a CAC approved MS-64 1916-S Walking Liberty half dollar for $3600. 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 $2280 and the other brought $2640.
  2. On March 1, Stack’s-Bowers auctioned a CAC approved MS-65 1909 half dollar for $2280. On March 16, Heritage auctioned a PCGS graded MS-65 1909 half in an old holder without a CAC sticker for $1440. At the Long Beach Expo in June 2018, another non-CAC PCGS graded MS-65 1909 half realized $1207.20 at auction. The CAC stickered 1909 half thus brought a premium of well over 50%.
  3. 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 $1200 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. 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 $9600 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. 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 $5760. Another PCGS graded MS-62 1874 $20 gold coin without a CAC sticker was auctioned for $6900 back in October 2018.
  6. On March 14, Heritage auctioned two PCGS graded MS-65 1892-CC Morgan silver dollars in consecutive lots. One with a CAC sticker realized $7200 and the other, which did not have a CAC sicker sold for $4860.
  7. On March 14, Heritage auctioned a CAC approved MS-64 1915 $20 gold coin for $5460. Two days later Heritage sold a PCGS graded MS-64 1915 $20 gold coin without a CAC sticker for considerably less, just $2880.
  8. On March 15, Heritage auctioned a CAC approved Fine-12 1893-S Morgan dollar for $3842.40. 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 $3360. On Nov. 11, 2018, Heritage sold two, non-CAC, PCGS graded Fine-12 1893-S Morgans, for $3360 and $2880, respectively. In June 2018, Stack’s-Bowers auctioned a PCGS graded Fine-12 1893-S, without a CAC sticker for $3120.
  9. 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. 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.