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CAC Coins Bring Premiums in July 2020
Published on August 6, 2020
Certified Acceptance Corporation's monthly report on recent rare coin auction records where CAC-approved coins perform especially well in auctions.
Press Release Auctions Authentication U.S. Coins-
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CAC approved coins outperformed other certified coins at a live auction in Las Vegas and in various public Internet sales during the month of July. Here are ten examples, which were selected from a large number of results that could have been listed.
1. On July 5, the firm called GreatCollections sold a CAC approved, NGC certified ‘Proof-66 Cameo’ 1880 half dollar for $4276.12. Proof 1880 halves with such a certification have not been auctioned recently. In April 2019, Heritage auctioned a PCGS certified Proof-66 Cameo 1880 half dollar without a CAC sticker for $2400. In January 2019, at a FUN Convention, Heritage sold a PCGS certified ‘Proof-66+ [sixty-six plus] Cameo’ 1880 half dollar without a CAC sticker for $2880.
2. On July 8, Heritage sold a CAC approved, NGC graded MS-67 1946 Washington quarter for $690. On June 23, Stack’s-Bowers sold a PCGS graded MS-67 1946 quarter without a CAC sticker for $456. On April 15, Stack’s-Bowers sold a different PCGS graded MS-67 1946 quarter without a CAC sticker for $480.
3. On July 12, GreatCollections sold a CAC approved MS-67 grade 1959-D Washington quarter for $2316.38. The last PCGS graded MS-67 1959-D quarter to sell at auction was in a Heritage event at a Long Beach Expo in June 2019. That 1959-D did not have a CAC sticker and sold for $1440.
4. On July 12, GreatCollections sold a CAC approved MS-67 grade 1939-S half dollar for $1190.25. On June 24, Heritage sold a PCGS graded MS-67 1939-S half dollar without a CAC sticker for $990. On June 18, Stack’s-Bowers sold a different PCGS graded MS-67 1939-S half dollar without a CAC sticker for $780
5. On July 14, Heritage sold a CAC approved, certified MS-65RD 1909-S Lincoln cent for $1680. This coin was designated by PCGS as having full original mint red (RD) color. On April 28, Heritage sold a PCGS certified MS-65RD 1909-S Lincoln cent without a CAC sticker for $990. On April 14, Heritage sold a different PCGS certified MS-65RD 1909-S Lincoln cent, without a CAC sticker for $810.
6. On July 16, Legend auctioned a CAC approved, certified MS-64RB 1857 half cent for $1468.75. The two letters after the numerical grade, “RB,” indicate that this coin has been certified as exhibiting a combination of toned brown and original mint red color. On August 11, 2019, the firm of David Lawrence sold a PCGS certified MS-64RB 1857 half cent without a CAC sticker for $725. In December 2017, Heritage sold a different PCGS certified MS-64RB 1857 half cent without a CAC sticker for $720.
7. On July 16, Legend auctioned a CAC approved MS-66 grade 1863 Three Cent Silver for $6756.25. On May 3, the firm of David Lawrence sold a PCGS graded MS-66 1863 Three Cent Silver without a CAC sticker for $3500.
8. On July 16, Legend auctioned a CAC approved AU-58 grade, 1861-S $2.50 gold coin for $17,037.50. On August 13, 2019, Stack’s-Bowers auctioned a PCGS graded AU-58 1861-S $2.50 gold coin without a CAC sticker for $6600.
9. On July 16, Legend auctioned a CAC approved XF-45 grade 1865-S $5 gold coin for $5640. The last PCGS or NGC graded XF-45 1865-S $5 gold coin to sell at auction was a PCGS graded XF-45 coin, without a CAC sticker which Heritage auctioned for $4320 in August 2018.
10. On July 16, Legend auctioned a CAC approved AU-55 grade 1862-S $10 gold coin for $31,725. On June 4, 2020, Heritage sold a PCGS graded AU-55 1862-S $10 gold coin without a CAC sticker for $19,800.
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