CAC Coins Bring Premiums in April

In addition to faring well in Internet sales during the month of April, CAC approved coins outperformed other certified coins on average in live auctions in Costa Mesa, California and Schaumburg, Illinois.

by Certified Acceptance Corporation (CAC) l Published on May 13, 2022

In addition to faring well in Internet sales during the month of April, CAC approved coins outperformed other certified coins on average in live auctions in Costa Mesa, California and Schaumburg, Illinois. Here are a dozen examples, which were selected from a larger number of results that could have been listed.

1. On April 5, in consecutive lots, Stack’s Bowers auctioned two PCGS graded MS-66 1921 Peace dollars. The CAC approved coin realized $24,000 and the coin without a CAC sticker realized $9600.

https://auctions.stacksbowers.com/lots/view/3-VJEX4/1921-peace-silver-dollar-high-relief-ms-66-pcgs-cac

2. On April 5, Stack’s Bowers auctioned a CAC approved, NGC graded MS-65 1897 $2.5 gold coin for $1680. On Feb. 2, Heritage sold a PCGS graded MS-65 1897 $2.5 coin without a CAC sticker for $1170.

https://auctions.stacksbowers.com/lots/view/3-VJVXR/1897-liberty-head-quarter-eagle-ms-65-ngc-cac

3. On April 6, Stack’s Bowers auctioned a CAC approved XF-45 grade 1846 Charlotte Mint $5 gold coin for $12,000. Less than a month earlier, on March 13, David Lawrence Rare Coins sold a PCGS graded XF-45 1846-C $5 gold coin without a CAC sticker for $6050.

https://auctions.stacksbowers.com/lots/view/3-VJXEA/1846-c-liberty-head-half-eagle-winter-1-the-only-known-dies-ef-45-pcgs-cac

4. On April 6, Stack’s Bowers auctioned a CAC approved MS-62 grade 1847 $5 gold coin for $4320. On Oct. 20, 2021, Heritage sold a PCGS graded MS-62 1847 $5 gold coin without a CAC sticker for $2520. Although market levels for these increased between October 2021 and April 2022, this increase would only account for a small portion of the difference between $4320 and $2520.

https://auctions.stacksbowers.com/lots/view/3-VJXFR/1847-liberty-head-half-eagle-ms-62-pcgs-cac

5. On April 10, GreatCollections sold a CAC approved, certified MS-66 1883-CC Morgan silver dollar with a ‘Deep Mirror Proof like’ (DMPL) designation for $11001.10. Just seconds later, GreatCollections sold a PCGS certified MS-66-DMPL 1883-CC Morgan dollar without a CAC sticker for $6493.50.

https://www.greatcollections.com/Coin/1143288/1882-CC-Morgan-Silver-Dollar-PCGS-MS-66-DMPL-CAC

6. On April 24, GreatCollections sold a PCGS graded MS-65+ 1925-D Buffalo nickel, which was CAC approved at the MS-65 level for $7706.60. On Jan 23, GreatCollections sold a PCGS graded MS-65+ 1925-D Buffalo nickel without a CAC sticker for $3993.75

https://www.greatcollections.com/Coin/1017182/1925-D-Buffalo-Nickel-PCGS-MS-65-CAC-Toned

7. On April 24, GreatCollections sold a PCGS graded MS-65+ 1922-S Peace dollar which was CAC approved at the MS-65 level for $8311.11. On March 13, GreatCollections sold a PCGS graded MS-65+ 1922-S Peace dollar without a CAC sticker for $4162.50.

https://www.greatcollections.com/Coin/1134018/1922-S-Peace-Silver-Dollar-PCGS-MS-65-CAC

8. On April 27, a CAC approved AU-50 grade 1817 half dollar sold on eBay for $1081. On Dec. 20, 2021, Heritage sold three PCGS graded AU-50 1817 half dollars none of which had a CAC sticker for $840, $870 and $900, respectively.

https://www.ebay.com/itm/224948535787?hash=item345ffa41eb:g:TJIAAOSwavpiXy0G

9. On April 28, Legend auctioned a CAC approved, NGC certified Proof-65 (sixty-five) 1878 nickel for $1351.25. On March 21, Heritage sold a PCGS certified Proof-66 (sixty-six) 1878 nickel without a CAC sticker for $1320. An NGC certified sixty-five grade coin with a CAC sticker, brought more than a PCGS certified sixty-six grade 1878 nickel that was not CAC approved.

https://legendauctions.hibid.com/lot/116819430/5c-1878--NGC--pr65-cac?ipp=10

10. On April 28, Legend auctioned a CAC approved, MS-66 grade 1837 ‘No Stars, Large Date’ dime for $15,275. On Aug. 18, 2021, Heritage auctioned a PCGS graded MS-66+ 1837 ‘No Stars, Large Date’ dime without a CAC sticker, for $13,200. Note that a PCGS graded MS-66 coin with a CAC sticker brought more than a PCGS graded MS-66+ (sixty-six-plus) 1837 ‘No Stars, Large Date’ dime without a CAC sticker.

https://legendauctions.hibid.com/lot/116819446/10c-1837-no-stars--large-date--pcgs--ms66-cac?ipp=10

11. On April 10, a CAC approved VG-10 grade 1795 ‘Two Leaves’ variety half dollar sold on eBay for $2600. On April 3, David Lawrence Rare Coins sold a PCGS graded VG-10 1795 ‘Two Leaves’ variety half dollar without a CAC sticker for $2125.

https://www.ebay.com/itm/265636903098?hash=item3dd93178ba%3Ag%3AuU8AAOSwSHFiUg9p&nma=true&si=8ZjwrSHlgeMYP5aS1vXJ542TjBo%253D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557

12. On April 30, a CAC approved MS-65 grade 1936-S Texas commemorative half dollar sold on eBay, reportedly for $499.95. In February, Heritage sold two PCGS graded MS-65 1936-S Texas halves, neither of which had a CAC sticker, for $192 on Feb. 16 and for $264 on Feb. 7.

https://www.ebay.com/itm/324259477478?hash=item4b7f5ef7e6:g:cTAAAOSw-QtfNBIQ

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Source: Certified Acceptance Corporation (CAC)

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