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CAC Coins Bring Premiums in March 2020
Published on April 7, 2020
Certified Acceptance Corporation's monthly report on recent rare coin auction records where CAC-approved coins perform especially well in auctions.
Press Release Authentication U.S. Coins-
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Bedminster, NJ: In addition to realizing newsworthy premiums in a public auction in Southern California, CAC approved coins outperformed other certified coins in various public Internet sales during the month of March. Here are ten examples, which were selected from a large number of results that could have been listed.
1. On March 1, the firm called GreatCollections sold a CAC approved NGC graded MS-65 Liberty Head 1899 $2.5 gold coin for $1586.25. In February 2020, at a Long Beach Expo, Heritage auctioned a PCGS graded MS-65 Liberty Head 1899 $2.5 gold coin without a CAC sticker for $1380.
2. On March 1, GreatCollections sold a CAC approved MS-64 grade 1915 Indian Head $5 gold coin for $2418.75. On December 7, 2019, Heritage sold a PCGS graded MS-64 1915 Indian Head $5 gold coin without a CAC sticker for $1860. Earlier, in August 2019, Heritage sold two PCGS graded MS-64 1915 Indian Head $5 gold coins, neither of which had a CAC sticker, each for $1740.
3. On March 1, GreatCollections sold a CAC approved AU-58 grade 1868 Liberty Head $10 gold coin for $9562.50. In January 2020, at the FUN Convention, Heritage auctioned a PCGS graded AU-58 1868 $10 gold coin without a CAC sticker for $5523.60. On December 7, 2019, Heritage sold a different PCGS graded AU-58 1868 $10 gold coin without a CAC sticker for $5640.
4. On March 11, Heritage sold a CAC approved AU-55 grade 1829 half dollar for $690. A week later, Heritage sold a PCGS graded AU-55 grade 1829 half dollar without a CAC sticker for $360. Neither coin is of a rare die variety.
5. On March 15, Heritage sold a CAC approved NGC certified MS-65 ‘Full Head’ 1930 Standing Liberty quarter for $630. On March 24, Stack’s-Bowers sold a PCGS certified MS-65 ‘Full Head’ 1930 Standing Liberty quarter without a CAC sticker for $432. Furthermore, in the same online sale that ended on February 26, 2020, Heritage sold two PCGS certified MS-65FH 1930 quarters in old holders. The CAC approved coin realized $660 while the non-CAC coin sold for $456.
6. On March 15, Heritage sold a CAC approved MS-64 grade 1851 One Dollar Gold piece for $780. On March 25, Heritage sold a PCGS graded MS-64 1851 One Dollar Gold piece in an old holder without a CAC sticker for $552. Earlier, on January 8, 2020, Heritage sold a different PCGS graded MS-64 1851 One Dollar Gold piece in an old holder without a CAC sticker for $576.
7. On March 15, Heritage sold a CAC approved MS-65 grade 1862 One Dollar Gold piece for $1800. On December 7, 2019, when market levels for these were higher, a PCGS graded MS-65 1862 One Dollar Gold piece without a CAC sticker realized $1080.
8. On March 20, Stack’s-Bowers auctioned a CAC approved PCGS certified MS-68 ‘Full Bands’ 1939-D Mercury dime for $2160. On March 8, the firm of David Lawrence sold a PCGS certified MS-68 ‘Full Bands’ 1939-D Mercury dime without a CAC sticker for $865, which was in the collection of Dell Loy Hansen. On January 8, 2020, Heritage sold a different PCGS certified MS-68 ‘Full Bands’ 1939-D Mercury dime without a CAC sticker for $690. The CAC approved coin brought more than the combined prices realized of the other two.
9. On March 20, Stack’s-Bowers auctioned a CAC approved MS-66 grade 1934-S Peace dollar for $32,400. At the FUN Convention in January 2020, Heritage auctioned a PCGS graded MS-66 1934-S Peace dollar without a CAC sticker for $18,000.
10. On March 20, Stack’s-Bowers auctioned a CAC approved AU-58 grade 1854-S $10 gold coin for $6600. On November 15, 2019, Stack’s-Bowers auctioned a PCGS graded AU-58 1854-S $10 gold coin without a CAC sticker for $4560. Market levels for these have not risen in the interim. The CAC approved coin brought much more.
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