CAC Coins Bring Premiums in November 2019

December 10, 2019

In addition to realizing newsworthy premiums in a public auction in Baltimore, CAC approved coins outperformed other certified coins in various public Internet sales during the month of November. Here are ten examples, which were selected from a large number of results that could have been listed.

  1. On November 14, Stack’s-Bowers auctioned a CAC approved MS-67 grade 1895 dime for $10,200. On February 28, 2019, Stack’s-Bowers auctioned a PCGS graded MS-67 1895 dime without a CAC sticker for considerably less, $6,600.
  2. On November 14, Stack’s-Bowers auctioned an NGC graded MS-62 1873-CC Trade dollar, with a CAC sticker, for $20,400. These are not auctioned very often. In January 2017, Heritage auctioned a PCGS graded MS-62 1873-CC Trade dollar without a CAC sticker for $8812.50. On October 5, 2016, when market levels were higher, Heritage auctioned a different PCGS graded MS-62 1873-CC Trade dollar without a CAC sticker for $11,762.93.
  3. On November 14, Stack’s-Bowers auctioned a CAC approved AU-55 grade 1851-O $20 gold coin for $9000. In January 2019, at a FUN Convention, Heritage auctioned a PCGS graded AU-55 1851-O $20 gold coin without a CAC sticker for $5160. In August 2018, at a summer ANA Convention, Heritage auctioned another PCGS graded AU-55 1851-O $20 gold coin without a CAC sticker for $6300.
  4. On November 15, Stack’s-Bowers auctioned a CAC approved AU-58 grade 1830 ‘Small 0’ half dollar for $1200. In April 2019, at a Central States Convention, Heritage auctioned a PCGS graded AU-58 1830 ‘Small 0’ half dollar without a CAC sticker for $690. On Nov. 11, 2018, Heritage sold another non-CAC PCGS graded AU-58 1830 ‘Small 0’ half, for $660.
  5. On November 15, Stack’s-Bowers auctioned an NGC graded MS-61 1836 Reeded Edge half dollar with a CAC sticker for $14,400. ‘Mint State’ 1836 Reeded Edge halves are not auctioned often. In March 2018, Stack’s-Bowers auctioned a PCGS graded MS-62 1836 Reeded Edge half dollar without a CAC sticker for $13,200. Market levels for 1836 halves are not higher now than they were in March 2018. An immediate point is that an NGC graded MS-61 coin with a CAC sticker realized more than a PCGS graded MS-62 coin, without a CAC sticker which was struck from the same pair of dies.
  6. On November 15, Stack’s-Bowers auctioned an NGC certified Proof-63 1859 Liberty Seated half dollar with a CAC sticker for $2880. The day before, Stack’s-Bowers auctioned a PCGS certified Proof-63 1859 Liberty Seated half dollar without a CAC sticker for $1800.
  7. On November 17, the firm of GreatCollections sold a CAC approved XF-45 grade 1870-CC Liberty Seated silver dollar for $5175. In August 2018 and again in August 2019, Heritage auctioned the same PCGS graded XF-45 1870-CC silver dollar without a CAC sticker for $3840 in each instance.
  8. On November 24, the firm of GreatCollections sold a NGC graded MS-65 1901 quarter with a CAC sticker for $990.98. PCGS or NGC graded 1901 quarters have not appeared often in recent years. On October 24, 2018, Stack’s-Bowers auctioned a PCGS graded MS-65 1901 quarter, without a CAC sticker for $780. In December 2017, Heritage sold a PCGS graded MS-65 1901 quarter without a CAC sticker for $900.
  9. The firm of GreatCollections sold a CAC approved MS-67 grade 1963 quarter for $1743.75 on November 24 and a PCGS graded MS-67 1963 quarter without a CAC sticker for $759.38 on October 6, 2019.
  10. On November 24, GreatCollections sold a CAC approved MS-64 grade 1900-S Morgan silver dollar for $593.45. On November 20, Heritage sold a PCGS graded MS-64 1900-S Morgan without a CAC sticker for $456. On July 31, 2019, Stack’s-Bowers sold a PCGS graded MS-64 1900-S Morgan without a CAC sticker for this same price, $456.

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