CAC Coins Bring Premiums in October 2019

November 1, 2019

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

  1. On October 6, GreatCollections sold a CAC approved MS-65 grade 1932-S quarter for $2306.25. On October 18, Heritage auctioned two PCGS graded MS-65 1932-S quarters, neither of which had a CAC sticker for $1800 and $1921.20 respectively.
  2. On October 18, Heritage auctioned a CAC approved XF-45 grade 1805 quarter for $3840. In March, also in Dallas, Heritage auctioned a PCGS graded XF-45 1805 quarter without a CAC sticker for $2640. Neither of these 1805 quarters is of a rare variety.
  3. On October 18, Heritage auctioned a CAC approved XF-40 grade 1839-O half dollar for $2520. In August at the ANA Convention, Heritage auctioned two PCGS graded XF-40 1839-O halves, neither of which had a sticker for $1860 and $1500, respectively.
  4. On October 20, the firm of GreatCollections sold a CAC approved VF-30 grade 1806/5 ‘Large Stars’ half dollar for $1181.25. On March 20, 2019, Heritage sold a PCGS graded VF-30 1806/5 ‘Large Stars’ half dollar without a CAC sticker for $780.
  5. On October 24, Heritage auctioned two PCGS graded XF-45 1924-S Buffalo nickels in successive lots. The nickel with a CAC sticker realized $1200 while the 1924-S Buffalo nickel without a CAC sticker brought $810. The CAC approved XF-45 1924-S thus realized 48% more!
  6. On October 24, Heritage sold a NGC graded AU-50 1819/8 ‘Small 9’ half dollar with a CAC sticker for $780. In June, at a Long Beach Expo, Heritage auctioned two pertinent 1819/8 ‘Small 9’ halves neither of which had a CAC sticker. A non-CAC PCGS graded AU-53 1819/8 ‘Small 9’ brought even less, $576 than a non-CAC PCGS graded AU-50 coin which went for $660.
  7. On October 24, Legend Auctions auctioned a CAC approved ‘Proof-67 Deep Cameo’ 1897 half dollar for $15,275. In March 2018, Heritage auctioned a PCGS certified ‘Proof-67 Deep Cameo’ 1897 half dollar without a CAC sticker for $9600. Market values for these have not risen significantly, if at all, since March 2018.
  8. On October 24, Legend Auctions sold a CAC approved Proof-67 1907 half dollar for $4817.50. In April 2019, at a Central States Convention, Heritage auctioned a PCGS certified Proof-67 1907 half dollar without a CAC sticker for $3360.
  9. On October 24, Legend Auctions sold a CAC approved MS-67 1923-D Saint Gaudens $20 gold coin for $28,200. In April 2018, at a Central States Convention, Heritage auctioned a PCGS graded MS-67 1923-D $20 gold coin, without a CAC sticker but with an old green PCGS label for $14,400, barely more than half as much as the just mentioned CAC approved 1923-D realized.
  10. On October 27, GreatCollections sold two PCGS graded MS-64 1922-S Peace dollars with consecutive PCGS serial numbers suggesting that they may have been graded on the same day. The coin with a CAC sticker brought $213.75 and the 1922-S without a CAC sticker realized $147.94.

Comments

Comments are closed.