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CAC Coins Bring Premiums in February

by Certified Acceptance Corporation (CAC)

Published on March 9, 2020

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Certified Acceptance Corporation's monthly report on recent rare coin auction records where CAC-approved coins perform especially well in auctions.


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On Feb. 23, GreatCollections sold a CAC approved, NGC graded AU-58 1850 half dollar for $1873.12. In January 2019, Heritage auctioned a PCGS graded AU-58 1850 half without a CAC sticker for $1080.

Bedminster, NJ: In addition to faring well in Internet sales, CAC approved coins outperformed other certified coins in a live auction in Los Angeles and in the official auction of the Long Beach Expo in California. Here are ten examples, which were selected from a large number of results that could have been listed.

1. On Feb. 16, the firm called ‘GreatCollections’ sold a CAC approved XF-40 grade 1806/5 overdate quarter for $3272.62. On Jan. 9, at the winter FUN convention, Heritage auctioned a PCGS graded XF-40 1806/5 quarter without a CAC sticker for $2880.

https://www.greatcollections.com/Coin/789207/18065-Draped-Bust-Quarter-PCGS-XF-40-CAC-Toned

2. On Feb. 16, the Goldberg’s, auctioned a CAC approved Fine-15 grade 1793 ‘AMERI.’ Chain cent for $44,400. In January 2018, when market values for large cents were higher than they are now, Heritage auctioned a PCGS graded VF-20 (higher than F-15) ‘AMERI.’ Chain cent without a CAC sticker for $38,400. Both coins were struck from the same pair of dies (S-1).

http://images.goldbergauctions.com/php/lot_auc.php?site=1&sale=115&lot=180

3. On Feb. 16, the Goldberg’s auctioned a CAC approved MS-62BN certified 1795 ‘Plain Edge’ large cent for $18,000. On Aug. 15, 2019, Stack’s-Bowers auctioned a PCGS certified MS-62BN 1795 ‘Plain Edge’ large cent for $8400. Both coins were struck from the same pair of dies (S-78) and received the same certification from PCGS. The CAC approved coin brought more than twice as much.

http://images.goldbergauctions.com/php/lot_auc.php?site=1&sale=115&lot=26

4. On Feb. 16, the Goldberg’s auctioned a CAC approved MS-65BN certified 1851 large cent for $1920. In October 2019, Heritage auctioned a PCGS certified MS-65BN 1851 large cent without a CAC sticker for $960, exactly half as much.

http://images.goldbergauctions.com/php/lot_auc.php?site=1&sale=115&lot=175

5. On Feb. 20, Heritage auctioned a CAC approved MS-64 grade 1808/7 overdate half dollar for $17,400. In August 2019, at an ANA convention, Heritage auctioned a PCGS graded MS-64 1808/7 overdate half dollar without a CAC sticker for $11,880. Both coins were struck from the same pair of dies.

https://coins.ha.com/itm/bust-half-dollars/half-dollars/1808-7-50c-o-101-r1-ms64-pcgs-cac-pcgs-39378-/a/1312-3068.s

6. On Feb. 20, Heritage auctioned two PCGS graded MS-62 1884-S Morgan silver dollars in successive lots. The CAC approved 1884-S realized $19,800 and the 1884-S without a CAC sticker brought $14,400.

https://coins.ha.com/itm/morgan-dollars/silver-and-related-dollars/1884-s-1-ms62-pcgs-cac-pcgs-7156-/a/1312-3101.s

7. On Feb. 20, Heritage auctioned a CAC approved MS-63 grade 1888 $10 gold coin for $12,000. In August 2019, at a summer ANA Convention, Heritage auctioned a PCGS graded MS-63 1888 $10 gold coin without a CAC sticker for $6600.

https://coins.ha.com/itm/liberty-eagles/eagles/1888-10-ms63-pcgs-cac-pcgs-8712-/a/1312-3326.s

8. On Feb. 23, GreatCollections sold a CAC approved MS-64 grade 1902-S Barber quarter for $1299.38. In January 2019, Heritage sold a PCGS graded MS-64 1902-S quarter without a CAC sticker for $1020.

https://www.greatcollections.com/Coin/790997/1902-S-Barber-Quarter-PCGS-MS-64-CAC

9. On Feb. 23, GreatCollections sold a CAC approved MS-66 grade 1906-D quarter for $4503.38. On Jan. 9, 2020, Heritage auctioned a PCGS graded MS-66 1906-D quarter without a CAC sticker for $2760.

https://www.greatcollections.com/Coin/791079/1906-D-Barber-Quarter-PCGS-MS-66-CAC-Toned

10. On Feb. 23, GreatCollections sold a CAC approved, NGC graded AU-58 1850 half dollar for $1873.12. In January 2019, Heritage auctioned a PCGS graded AU-58 1850 half without a CAC sticker for $1080.

https://www.greatcollections.com/Coin/793217/1850-Seated-Liberty-Half-Dollar-NGC-AU-58-CAC-Toned



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