CAC Coins Bring Premiums in February 2024
CAC approved coins fared well in many public sales during the month of February, and in a live auction in Dallas County, Texas.
Here are ten examples, which were selected from a large number of results that could have been listed.
1. On Feb. 4, GreatCollections sold a CACG graded MS-65 (sixty-five) 1933-D Oregon commemorative half dollar for $753.50. On Jan. 28, GreatCollections sold a PCGS graded MS-66 (sixty-six) 1933-D Oregon, without a CAC sticker, for $587.40. A CACG graded MS-65 (sixty-five) coin thus realized much more than a PCGS graded MS-66 1933-D Oregon half that was sold by the same firm a week earlier.
https://www.greatcollections.com/Coin/1503206/1933-D-Oregon-Trail-Memorial-Half-Dollar-CACG-MS-65
2. On Feb. 7, Stack’s Bowers sold a CAC approved AU-58 grade 1955/1955 Doubled Die Lincoln cent for $3120. On Jan. 14, Heritage auctioned a PCGS graded AU-58 1955/1955 Doubled Die Lincoln cent, without a CAC sticker, for $2280.
3. On Feb. 8, Heritage auctioned a CAC approved AU-58 grade 1892-S Morgan silver dollar for $31,200. On Jan. 12, Heritage auctioned a PCGS graded AU-58 1892-S, without a CAC sticker, for $12,600, well under half as much.
https://coins.ha.com/itm/morgan-dollars/1892-s-1-au58-pcgs-cac-pcgs-7218-/a/1372-3124.s
4. On Feb. 8, Heritage auctioned a CAC approved AU-50 grade 1909-O $5 gold coin for $16,200. On Aug. 18, 2023, Stack’s Bowers auctioned a PCGS graded AU-50 1909-O $5 coin, without a CAC sticker, for $9600.
5. On Feb. 9, Heritage auctioned a CAC approved Proof-67 1915 nickel for $5160. On Jan. 13, 2022, Heritage auctioned a PCGS certified Proof-67 1915 nickel, without a CAC sticker, for $3600. Prices for these were higher in January 2022 than they were in February 2024.
https://coins.ha.com/itm/proof-buffalo-nickels/1915-5c-pr67-pcgs-cac-pcgs-3992-/a/1372-3274.s
6. On Feb. 18, GreatCollections sold a CACG certified MS-64-Red 1909-S VDB Lincoln cent for $4950. On Jan. 10, Heritage sold a PCGS certified MS-64-Red 1909-S VDB Lincoln, without a CAC sticker, for $3120.
https://www.greatcollections.com/Coin/1524956/1909-S-Lincoln-Cent-VDB-CACG-MS-64-RD
7. On Feb. 18, GreatCollections sold a CACG graded MS-66 1927 Mercury dime with a ‘Full Bands’ (FB) designation for $852.50. On Dec. 31, GreatCollections sold a PCGS graded MS-66 1927 dime that also had a ‘Full Bands’ designation, without a CAC sticker, for $722.22.
https://www.greatcollections.com/Coin/1536658/1927-Mercury-Dime-CACG-MS-66-FB
8. On Feb. 21, Stack’s Bowers sold a CAC approved MS-65 grade 1897-S Morgan silver dollar for $720. On July 26, Stack’s Bowers sold a PCGS graded MS-65 1897-S Morgan, without a CAC sticker, for $456. Market levels for these were about the same in July 2023 as they were in February 2024, possibly lower in February 2024.
https://auctions.stacksbowers.com/lots/view/3-182E2N/1897-s-morgan-silver-dollar-ms-65-pcgs-cac
9. On Feb. 21, Stack’s Bowers sold a CAC approved MS-66 grade 1925 Peace silver dollar for $528. On Jan. 28, GreatCollections sold a PCGS graded MS-66 1925 Peace dollar, without a CAC sticker, for $379.50. On Dec. 3, GreatCollections sold an NGC graded MS-66 1925 Peace dollar, without a CAC sticker, for $396.
https://auctions.stacksbowers.com/lots/view/3-182F45/1925-peace-silver-dollar-ms-66-pcgs-cac-ogh
10. On Feb. 25, GreatCollections sold a CAC approved, PCGS graded MS-67 1915-S Pan-Pac commemorative $2.5 gold coin for $13,750. On Dec. 14, Heritage sold a PCGS graded MS-67 1915-S Pan-Pac commemorative $2.5 coin, without a CAC sticker, for $9000.
Download the Greysheet app for access to pricing, news, events and your subscriptions.
Subscribe Now.
Subscribe to CAC Rare Coin Market Review for the industry's most respected pricing and to read more articles just like this.
Visit these great CDN Sponsors
CDN Sponsors
Source: CAC Grading
CAC was formed in 2007 by John Albanese, a respected authority on coin grading and the rare coin market, along with twenty-two leading members of the numismatic community. Because certified coins of the same grade can be of varying quality, CAC’s mission was to advocate for the hobbyist by establishing an extremely stringent standard of grading. As a verifier of previously certified coins, CAC only recognizes coins that meet the highest standard with the now famous green sticker. Out of all the coins submitted to CAC, less than half receive the honorable CAC sticker. As a result, the CAC sticker serves as an unmistakable means of identifying premium coins for the grade.
In 2022, John Albanese assembled over one hundred and fifty leading members of the numismatic community with a purpose to reclaim accuracy and consistency in grading. After all, why merely sticker a previously certified coin when the same stringent standards can be applied within the context of a grading service? Thus, CAC Grading was born! The only difference now is the grade assigned to a coin is a true representation of that coin. Boasting a team of world-class graders including Ron Drzewucki, John Butler, among others, CAC is committed to applying an unparalleled level of expertise to every submitted coin. As a result, hobbyists can have total confidence in a coin certified by CAC.
