CAC Coins Bring Premiums During April 2018

May 9, 2018

Coins that have been reviewed and stickered by Certified Acceptance Corporation (CAC) consistently bring premiums over other “non-stickered” coins in the marketplace. Below are some examples from recent actions sales on April 2018 one may use for a refference.

Here are 10 examples among many that could be listed:

  1. GreatCollections sold a CAC-approved MS-67 1902 quarter for $18,562.62, on April 8. The only recent auction record for another certified MS-67 1902 quarter is the sale of the Gene Gardner coin, without a CAC sticker, in May 2015 for $7,637.50.
  2. Also on April 8, GreatCollections sold a CAC-approved MS-65 1912 $20 gold coin for $39,150. On April 24, Heritage auctioned a certified MS-65 1912, without a CAC sticker, for less than half as much, $18,000. Earlier, in January 2017, Heritage auctioned another certified MS-65 1912, without a sticker, for $21,150.
  3. At the Central States Convention in Illinois, on April 25, Heritage auctioned a CAC-approved MS-65 1837, No Stars, Small Date half dime for $3,000. In January 2018, at the FUN Convention in Tampa, Heritage auctioned a certified MS-65 1837 half dime of this same variety, without a CAC sticker, for $1,800. A year earlier at the FUN Convention in January 2017, another certified MS-65 half dime of this variety, without a CAC sticker, brought $2,585.
  4. In the Heritage auction at the Central States Convention, a CAC-approved MS-66 1854 half dollar realized $31,200 on April 26, 2018. On August 11, 2016, a different major auction firm sold a certified MS-66 1854 half dollar, without a CAC sticker, for $13,512.50. On August 13, 2011, another certified, but not CAC approved, MS-66 1854 half dollar brought $17,825 at auction.
  5. At the Central States Convention, also on April 26, Heritage auctioned a CAC-approved MS-63 1901 silver dollar for $16,800. On March 11, 2018, GreatCollections sold a certified MS-63 1901, without a CAC sticker, for $12,947.25. Early in 2017, two different auction firms each sold a non-CAC, certified MS-63 1901 for $10,575. Another CAC-approved MS-63 1901 was auctioned for $24,675, back in November 2016.
  6. On April 26, within a span of seconds, Heritage auctioned two PCGS-graded MS-67 1924 Peace Dollars. The one with a CAC sticker brought $9,600 and the coin without a sticker realized $6,900!
  7. On April 26, Heritage auctioned a CAC-approved MS-65 1915 $20 gold coin for $33,600. This is not a fluke, as the exact same coin was auctioned in January 2010 for $25,300. In January 2018, Heritage auctioned a certified MS-65 1915 twenty, without a CAC sticker, for $12,600. In the near past, Heritage has auctioned several PCGS graded MS-65, non-CAC, 1915 $20 gold coins: for $14,100 in January 2017, for $16,450 in November 2016 and in August 2016, for $17,625 in August 2016 and in February 2016. So, the CAC coin brought from 43.5% to 167% more than the non-CAC coins.
  8. Also on April 26 at the CSNS event, Heritage auctioned a CAC-approved MS-63 1854 silver dollar for $21,600. In January 2017, Heritage auctioned a non-CAC, certified MS-63 1854 silver dollar for $14,687.50. The CAC coin brought 47% more.
  9. On April 29, GreatCollections sold a CAC-approved, NGC-graded MS-67 1936-D quarter for $3,326.62. In the Long Beach sale during February 2018, Heritage sold a PCGS graded MS-67 1936-D, without a CAC sticker, for $2,600, 27.9% less than the CAC MS-67 1936-D.
  10. On April 29, GreatCollections sold a CAC-approved, NGC-graded MS-67 1959-D quarter for $1,800. In the Long Beach sale during February 2018, Heritage sold a PCGS-graded MS-67 1959-D, without a CAC sticker, for $780, much less than half as much. Back in August 2016, at an ANA Convention, Heritage auctioned a different PCGS-graded MS-67 1959-D, without a CAC sticker, for $881.25, also less than half as much as the CAC 1959-D that just sold for $1,800.

 

CAC Coins Bring Premiums During March 2018

April 27, 2018

Coins that have been reviewed and stickered by Certified Acceptance Corporation (CAC) consistently bring premiums over other “non-stickered” coins in the marketplace. Below are some examples from recent actions sales on March 2018 one may use for a refference.

Here are 10 examples among many that could be listed:

  1. On March 4, GreatCollections sold a CAC-approved, EF-40 1903-S Morgan silver dollar for $357.75 USD. On March 6, Heritage sold a certified EF-40 1903-S, without a CAC sticker, for $253.20. In January, Heritage sold a certified EF-40 1903-S silver dollar without CAC approval for $312. In October 2017, another major auction firm sold one for $288.

 

  1. On March 4, an NGC-graded AU-58 1911-S $10 gold coin, with a CAC sticker, realized $3,046.50. On February 23, Heritage auctioned a certified AU-58 1911-S, without a CAC sticker, for $2640.

 

  1. On March 11, GreatCollections sold a CAC-approved “MS-67” 1914-D dime for $8,493.75. Representative auction results for non-CAC “MS-67” dimes are: $3,290 in March 2016 in Baltimore; $4,700 in March 2015; $5,462.50 in January 2012; $3,335 in September 2010 at the Long Beach Expo; $2,300 in February 2010; and $2,760 in July 2009. The same CAC 1914-D that GreatCollections just sold was auctioned in December 2014 for $8,518.75. A different CAC MS-67 1914-D was auctioned for $6,900 in April 2011. Clearly, CAC MS-67 1914-D dimes have been bringing much more than non-CAC MS-67 1914-D dimes.

 

  1. On March 11, GreatCollections sold a CAC-approved “MS-65” 1928 Hawaiian commemorative half dollar for $3,543.75. Heritage recently auctioned two certified “MS-65” 1928 Hawaiian halves, each without a CAC sticker, for $2,880 on February 23 and for $2,640 on March 31.

 

  1. On March 18, GreatCollections sold a CAC-approved, ‘MS-67 Red’ 1947 Lincoln cent for $6,469.88. Four days later, Stack’s-Bowers auctioned a certified ‘MS-67 Red’ 1947 in a major collection, but without a CAC sticker, for $1,440. In November 2017, Heritage sold a certified ‘MS-67 Red’ 1947 Lincoln for $1,080.

 

  1. On March 22, Stack’s-Bowers auctioned a CAC-approved ‘MS-67 Red’ 1927 Lincoln cent for $5,280. About a month earlier, Heritage auctioned a 1927 Lincoln cent with the same certification but without a CAC sticker for $1,440. In November 2017, Heritage auctioned another with this same certification, also without a CAC sticker, for $1,020.

 

  1. On March 22, Stack’s-Bowers auctioned a CAC-approved ‘MS-66 Red’ 1930-S Lincoln cent for $1,320. So far this year, Heritage has sold two certified ‘MS-66 Red’ 1930-S Lincoln cents, without CAC stickers, for $360 in February and for $528 in January. In October 2017, GreatCollections sold a ‘MS-66 Red’ 1930-S, without a CAC sticker, for $596.25.

 

  1. On March 22, Stack’s-Bowers auctioned a CAC-approved MS-64 1925-D $20 gold coin for $31,200. Heritage auctioned a non-CAC MS-64 1925-D for $12,512.50 in April 2017 and another for $14,100 in January 2017.

 

  1. On March 22, Stack’s-Bowers auctioned a CAC-approved MS-64 1850-O half dollar for $7,800. Since coin markets peaked in the middle of 2008, there have been more than a half-dozen auction appearances of non-CAC 1850-O halves that are certified as MS-64 or “MS-64+” and not one of them sold for as much as $3550.

 

  1. On March 22, Stack’s-Bowers auctioned a CAC-approved MS-64 1889 half dollar for $2,640. A month earlier, Heritage auctioned a certified MS-64 1889 half, without a CAC sticker, for $1500.

 


CAC Coins Bring Premiums During February 2018

March 13, 2018

Here are 10 examples of CAC (Certified Acceptance Corporation) approved coins that have drawn premiums recently, from among many that could be listed (prices cited include buyer’s premium):

1. In the Goldbergs sale in Los Angeles shortly before the winter Long Beach Expo, a CAC MS-65 1900 Lafayette commemorative silver dollar brought $5,581 USD. At the FUN Convention in January 2018, two other certified MS-65 1900 Lafayette dollars, without CAC stickers, were auctioned for $3,360 and $2,880, respectively.

2. The Goldbergs auctioned a CAC Proof-65 1883 half dollar for $3,819. On September 5, 2017, Bonhams auctioned a certified Proof-65 1883, without a CAC sticker, for $1,521. In June 2017, Stack’s-Bowers auctioned another non-CAC Proof-65 1883 half dollar, which realized $2,350.

3. A CAC Proof-67 1907 quarter realized $3,525 in this Goldberg’s auction. This same coin was auctioned by Stack’s-Bowers for $4,935 in March 2017. In November 2017, Stack’s-Bowers auctioned a certified Proof-67 quarter without a CAC sticker, for $2,400.

4. The Goldbergs auctioned a CAC MS-67 Vancouver 1925 commemorative half dollar for $3,055. Another major auction firm recently auctioned two other certified MS-67 Vancouver 1925 halves, both without CAC approval: one in December for $2,040 and another in November 2017 for $2,640.

5. The Goldbergs auctioned a CAC EF-45 1861-S $20 gold coin for $2,703. At the ANA Convention in August 2017, a certified EF-45 1861-S, without a CAC sticker, went for $1,762.50.

6. The Goldbergs auctioned three certified MS-64 1927-S Peace silver dollars in their February auction. One of the three had a CAC sticker and it brought $1,175. The other two went for $588 and $499, respectively.

7. Well-circulated coins with CAC stickers brought premiums, too. A CAC Very Fine-35 1895-S silver dollar was auctioned by the Goldbergs for $940. Another auction firm auctioned two non-CAC, certified VF-35 1895-S Morgans, one for $630 in September and the other for $576 in December.

8. On February 25, GreatCollections sold a CAC-approved MS-65 1901-S silver dollar for $4,708.12. The same firm sold a non-CAC certified MS-65 1901-S earlier the same month, on February 4, for $1,913.62 and another without a sticker less than two weeks later, on March 4, for $1,867.50.

9. On February 25, GreatCollections sold a CAC AU-58 1882-CC $20 gold coin for $9,562.50. During the same week, Heritage auctioned an AU-58 1882-CC, without a CAC sticker, for $7,800.

10. At the Long Beach Expo in February, Heritage auctioned a CAC approved MS-64 1875-CC half dollar for $7,440, a result that is more than twice as much as any non-CAC MS-64 1875-CC half has realized at auction since CAC was founded in 2007. Fifty “MS-64” 1875-CC halves have been certified by the leading grading services, 10 of which have been CAC approved.