CAC Coins Bring Premiums in June

In addition to realizing impressive prices in Internet sales during the month of June, CAC approved coins fared well in a live auction in Costa Mesa, California.

by CAC Grading | Published on July 4, 2023

Here are ten examples, which were selected from a large number of results that could have been listed.

  1. On June 14, Stack’s Bowers auctioned a CAC approved MS-64 grade 1926-S Lincoln cent for $15,600. On Oct. 7, 2022, Heritage auctioned a PCGS graded MS-64 1926-S Lincoln, without a CAC sticker, for $8400. Both coins have received a ‘Full Red’ (RD) color designation from PCGS. While certified MS-64RD 1926-S Lincolns have increased in value so far in 2023, this increase would not account for much of the difference between $15,600 and $8400.
  2. On June 14, Stack’s Bowers auctioned a CAC approved XF-45 grade 1889-CC Morgan silver dollar for $6600. XF-45 grade 1889-CC Morgans are not auctioned often. On Oct. 11, 2022, Stack’s Bowers auctioned a PCGS graded XF-45 1889-CC Morgan dollar, without a CAC sticker, for $3960. On Oct. 7, Heritage sold a different PCGS graded XF-45 1889-CC Morgan dollar, without a CAC sticker, for $4440. Market levels for XF-45 grade 1889-CC Morgans were, at most, 5% higher in June 2023 than they were in October 2022.
  3. On June 14, Stack’s Bowers auctioned a CAC approved MS-64 grade 1921 Peace silver dollar for $1800. On May 10, Stack’s Bowers sold a PCGS graded MS-64 1921 Peace silver dollar, without a CAC sticker, for $1320.
  4. On June 14, Stack’s Bowers auctioned a CAC approved MS-66 grade 1924 Saint Gaudens $20 gold coin for $6000. On May 31, Heritage sold a PCGS graded MS-66 1924 Saint, without a CAC sticker, for $3480. A little earlier, on May 5, Heritage auctioned four PCGS graded MS-66 1924 $20 gold coins, each without a CAC sticker, for $3600, $3000, $3000, and $2882.40, respectively. On the same day, Heritage also auctioned an NGC graded MS-66 1924 twenty, without a CAC sticker, for $3000.
  5. On June 15, Stack’s Bowers auctioned a CAC approved MS-64 grade 1920-D Mercury dime for $1440. On March 8, Stack’s Bowers sold a PCGS graded MS-64 1920-D dime, without a CAC sticker, for $900. Both coins received a ‘Full Bands’ (FB) designation from PCGS.
  6. On June 18, GreatCollections sold a CAC approved MS-66 grade 1907 $2.5 gold coin for $1677.50. On Jan. 4, 2023, Heritage auctioned a PCGS graded MS-66 1907 $2.5 gold coin, without a CAC sticker, for $1020. Market values for these were close to being the same in June as they were in January 2023, possibly a 1% to 3% difference.
  7. On June 19, Heritage sold a CAC approved Proof-65 1903 quarter for $1920. On April 18, Heritage sold a PCGS certified Proof-65 1903 quarter, without a CAC sticker, for $1080.
  8. On June 25, GreatCollections sold a CAC approved AU-58 grade 1927-S nickel for $840.40. On Dec. 13, 2022, Stack’s Bowers sold a PCGS graded AU-58 1927-S nickel, without a CAC sticker, for $504. Market values for these were not significantly higher in June 2023 than they were in December 2022.
  9. On June 25, GreatCollections sold a CAC approved MS-67 grade 1936 Albany commemorative half dollar for $1486.65. On April 30, GreatCollections sold a PCGS graded MS-67 1936 Albany commemorative half dollar, without a CAC sticker, for $593.26. Both coins feature colorful toning with similar yellow and orange-russet tints. On March 19, GreatCollections sold a different PCGS graded MS-67 1936 Albany commemorative half dollar, without a CAC sticker, for $759.38.
  10. On June 25, GreatCollections sold a CAC approved AU-58 grade 1916-S $10 gold coin for $2475. On May 10, Stack’s Bowers sold a PCGS graded AU-58 1916-S $10 coin, without a CAC sticker, for $1560.

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Source: CAC Grading

CAC Grading image

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.

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