CAC Coins Bring Premiums in January

In addition to faring well in Internet sales during the month of January, CAC approved coins flourished in live auctions in Orlando, Dallas and Los Angeles. Here are ten examples, which were selected from a large number of results that could have been listed.

1. On Jan. 1, the firm called GreatCollections sold a CAC approved MS-67 grade 1929 Mercury dime with a ‘Full Bands’ (FB) designation for $2035. On Nov. 8, Stack’s Bowers sold a PCGS certified MS-67FB 1929 dime, without a CAC sticker, for $780. On Aug. 23, 2022, Heritage sold a PCGS certified MS-67FB 1929 dime, without a CAC sticker, for this same price, $780. All three 1929 dimes cited here received a ‘Full Bands’ (FB) designation from PCGS. The CAC approved 1929 dime realized more than twice as much as either of the others.

2. On Jan. 15, GreatCollections sold a CAC approved MS-67RD 1909-S VDB Lincoln cent for $337,700. On Aug. 24, Heritage auctioned a PCGS certified MS-67RD 1909-S VDB Lincoln, without a CAC sticker, for $102,000. On April 22, Stack’s Bowers auctioned a different PCGS certified MS-67RD 1909-S VDB Lincoln, without a CAC sticker, for $168,000, less than half as much as the price realized for a CAC approved coin on Jan. 15.

3. On Jan. 22, GreatCollections sold a CAC approved MS-63 grade 1920 $20 gold coin for $4685.66. On Jan. 13, Heritage auctioned a PCGS graded MS-63 1920 $20 gold coin, without a CAC sticker, for $2520.

4. On Jan. 29, GreatCollections sold a CAC approved MS-67 grade 1921 Morgan silver dollar for $18,177.50. Certified MS-67 grade 1921 Morgans are not auctioned often. On Oct. 28, 2021, Legend auctioned a PCGS graded MS-67 1921 Morgan dollar, without a CAC sticker, for $12,925.

5. On Jan. 11, Heritage auctioned a CAC approved MS-65 grade 1867 Indian cent for $16,800. On August 26, Heritage auctioned a PCGS graded MS-65+ 1867 Indian cent without a CAC sticker for $7800, less than half as much as the just mentioned CAC approved coin brought. Both of these 1867 cents received a ‘Full Red’ (RD) designation from PCGS.

6. On Jan. 11, Heritage auctioned a CAC approved, PCGS certified Proof-65 Deep Cameo 1869 Three Dollar Gold piece for $102,000. On Sept. 29, 2022, Heritage auctioned a PCGS certified Proof-65 Deep Cameo 1868 Three Dollar Gold piece, without a CAC sticker, for $78,000.

7. On Jan. 11, Heritage auctioned a CAC approved, PCGS certified Proof-65 Deep Cameo 1875 Three Dollar Gold piece for $456,000. On Sept. 29, 2022, Heritage auctioned a PCGS certified Proof-65 Deep Cameo 1875 Three, without a CAC sticker, for $313,352.40.

8. On Jan. 12, Heritage auctioned a CAC approved MS-65 grade 1911-‘Strong D’ $2.5 gold coin for $84,000. On May 5, Heritage auctioned a PCGS graded MS-65 1911-‘Strong D’ $2.5 gold coin, without a CAC sticker, for $55,200.

9. On Jan. 30, the Goldbergs auctioned a CAC approved MS-66 grade 1889 One Dollar Gold piece for $1740. On Jan. 4, Heritage sold a PCGS graded MS-66 1889 One Dollar Gold piece, without a CAC sticker, for $1140.

10. On Jan. 30, the Goldbergs auctioned a CAC approved, NGC graded MS-64 1912 $2.5 gold coin for $4080. On Nov. 4, Stack’s Bowers sold two PCGS graded MS-64 1912 $2.5 gold coins, neither of which had a CAC sticker. Each realized $3120. On Oct. 7, Heritage sold a different PCGS graded MS-64 1912 $2.5 gold coin, without a CAC sticker, for that same price, $3120. A CAC approved, NGC graded coin realized substantially more than each of three different non-CAC, PCGS graded MS-64 1912 quarter eagles.