CAC Coins Bring Premiums in October

Certified Acceptance Corporation (CAC) · Nov 8, 2018
Press Release Authentication Coin Dealers U.S. Coins

Certified Acceptance Corporation (CAC), is a popular, well-respected third-party coin evaluation service that applies bean-shaped decals on the slabs of certified coins





Certified Acceptance Corporation (CAC), is a popular, well-respected third-party coin evaluation service that applies bean-shaped decals on the slabs of certified coins that are above average for their labeled grade. CAC-approved coins tended to outperform other certified coins in a Heritage auction in Chicago, in a Stack’s Bowers auction in Baltimore, and in internet sales by GreatCollections.

Here are 10 examples selected from a large number of results that could have been listed:

  1. On October 7, David Lawrence Rare Coins sold a CAC-approved MS66 1924 Saint Gaudens $20 gold coin for $3,850. Another CAC-approved MS66 1924 Saint was auctioned by Stack’s Bowers on October 25 for $3,600. Non-CAC, PCGS-graded MS66 1924 $20 gold coins tend to sell for half as much. On September 16 and again on October 28, Legend sold PCGS-graded MS66 1924 Saints, which were not CAC approved, for $1,870 each. On September 26, Stack’s Bowers sold a non-CAC, PCGS-graded MS66 1924 Saint for $1,920.
  2. On October 11, a CAC-approved, NGC-graded MS65 1923 Saint Gaudens $20 gold coin was auctioned for $7,320. In August 2018, Heritage auctioned a PCGS-graded MS65 1923 Saint without a CAC sticker for $3,120. In June 2018, Heritage auctioned another for the same price and Stack’s Bowers sold a PCGS-graded MS65 1923 $20 gold coin without a CAC sticker for $3,000 in Baltimore.
  3. On October 11, Heritage auctioned a CAC-approved MS64 1831 Small Letters quarter for $6,600. In December 2017, Heritage and Legend each auctioned a PCGS-graded MS64 1831 Small Letters quarter without a CAC sticker for $4,080 and $4,700, respectively.
  4. On October 12, Heritage auctioned a CAC-approved, NGC-graded MS67 1887 $1 gold piece for $4,560. In August 2018 at an ANA Convention, Stack’s Bowers auctioned a PCGS-graded MS67 1887 $1 gold piece without a CAC sticker for $2,160, less than half the price of the CAC-stickered coin. During June 2016 in Baltimore, Stack’s Bowers auctioned another non-CAC, PCGS-graded MS67 1887 $1 gold piece, which realized $2,880. In January 2018, Heritage auctioned a different non-CAC, PCGS-graded MS67 1887 $1 gold piece for $2,280.
  5. On October 12, Heritage auctioned a CAC-approved, NGC-graded MS65 1913 $2½ gold coin for $6,300. About a month earlier at a Long Beach Expo, Heritage auctioned a PCGS-graded MS65 1913 $2½ gold coin without a CAC sticker for $3,840. Back in March, Legend auctioned a PCGS-graded MS65 1913 $2½ gold coin without a CAC sticker for $3,740.
  6. On October 12, Heritage auctioned two certified MS65 1914-D Saint Gaudens $20 gold coins in consecutive lots. The NGC-graded coin with a CAC sticker realized $3,360, while the PCGS-graded 1914-D brought a lesser price of $2,640.
  7. A certified MS66 Red 1912 Lincoln cent with a CAC sticker was sold by Heritage for $1,020 on October 14. In August 2018, another major auction firm sold a different MS66 Red Lincoln cent certified by the same grading service but without a CAC sticker for $552, nearly half as much as the CAC coin realized in October.
  8. On October 24, Stack’s Bowers auctioned a CAC-approved, PR66 Cameo 1878 Shield nickel for $3,120. In April 2018, Heritage auctioned a PCGS-certified, PR66 cameo 1878 Shield nickel without a CAC sticker for $1,320, less than half as much as the CAC-stickered coin.
  9. On October 25, Stack’s Bowers auctioned a CAC-approved MS66 1926 silver dollar for $2,880. In October, Heritage auctioned a PCGS-graded MS66 1926 silver dollar without a CAC sticker for $1,140. On September 19, Heritage also auctioned a different PCGS-graded MS66 1926 silver dollar without a CAC sticker for $1,110.
  10. On October 28, GreatCollections sold a CAC-approved MS65 1899 Morgan silver dollar for $762.75. On October 14, Heritage sold three certified MS65 1899 Morgan dollars, none of which had a CAC sticker, for $660, $600, and $588, respectively. All four of these were graded and encapsulated by the same service, yet the CAC-stickered coin realized substantially more during the same month.

 

 

 

 

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Certified Acceptance Corporation (CAC)



In every field, there are a select few that represent the best of the best. Coins are no exception.

Now there's an easy way to identify select quality coins within any particular grade.

Just look for the CAC verification sticker.

Visit www.caccoin.com for details.

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Spot Prices

Gold:

1985.86 39.81

Silver:

$28.16 0.80

Platinum:

$969.91 13.41

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