CAC Coins Bring Premiums in November 2019
In addition to realizing newsworthy premiums in a public auction in Baltimore, CAC approved coins outperformed other certified coins in various public Internet sales during the month of November. Here are ten examples, which were selected from a large number of results that could have been listed.
Bedminster, NJ: In addition to realizing newsworthy premiums in a public auction in Baltimore, CAC approved coins outperformed other certified coins in various public Internet sales during the month of November. Here are ten examples, which were selected from a large number of results that could have been listed.
1. On November 14, Stack’s-Bowers auctioned a CAC approved MS-67 grade 1895 dime for $10,200. On February 28, 2019, Stack’s-Bowers auctioned a PCGS graded MS-67 1895 dime without a CAC sticker for considerably less, $6,600.
https://auctions.stacksbowers.com/lots/view/3-KEQJO/1895-barber-dime-ms-67-pcgs-cac
https://auctions.stacksbowers.com/lots/view/3-GQ0Z1/1895-barber-dime-ms-67-pcgs
2. On November 14, Stack’s-Bowers auctioned an NGC graded MS-62 1873-CC Trade dollar, with a CAC sticker, for $20,400. These are not auctioned very often. In January 2017, Heritage auctioned a PCGS graded MS-62 1873-CC Trade dollar without a CAC sticker for $8812.50. On October 5, 2016, when market levels were higher, Heritage auctioned a different PCGS graded MS-62 1873-CC Trade dollar without a CAC sticker for $11,762.93.
https://auctions.stacksbowers.com/lots/view/3-KEQT1/1873-cc-trade-dollar-ms-62-ngc-cac-oh
https://coins.ha.com/itm/trade-dollars/1873-cc-t-1-ms62-pcgs/a/1240-3203.s
3. On November 14, Stack’s-Bowers auctioned a CAC approved AU-55 grade 1851-O $20 gold coin for $9000. In January 2019, at a FUN Convention, Heritage auctioned a PCGS graded AU-55 1851-O $20 gold coin without a CAC sticker for $5160. In August 2018, at a summer ANA Convention, Heritage auctioned another PCGS graded AU-55 1851-O $20 gold coin without a CAC sticker for $6300.
https://coins.ha.com/itm/liberty-double-eagles/1851-o-20-au55-pcgs-variety-1/a/1278-3952.s
4. On November 15, Stack’s-Bowers auctioned a CAC approved AU-58 grade 1830 ‘Small 0’ half dollar for $1200. In April 2019, at a Central States Convention, Heritage auctioned a PCGS graded AU-58 1830 ‘Small 0’ half dollar without a CAC sticker for $690. On Nov. 11, 2018, Heritage sold another non-CAC PCGS graded AU-58 1830 ‘Small 0’ half, for $660.
5. On November 15, Stack’s-Bowers auctioned an NGC graded MS-61 1836 Reeded Edge half dollar with a CAC sticker for $14,400. ‘Mint State’ 1836 Reeded Edge halves are not auctioned often. In March 2018, Stack’s-Bowers auctioned a PCGS graded MS-62 1836 Reeded Edge half dollar without a CAC sticker for $13,200. Market levels for 1836 halves are not higher now than they were in March 2018. An immediate point is that an NGC graded MS-61 coin with a CAC sticker realized more than a PCGS graded MS-62 coin, without a CAC sticker which was struck from the same pair of dies.
6. On November 15, Stack’s-Bowers auctioned an NGC certified Proof-63 1859 Liberty Seated half dollar with a CAC sticker for $2880. The day before, Stack’s-Bowers auctioned a PCGS certified Proof-63 1859 Liberty Seated half dollar without a CAC sticker for $1800.
https://auctions.stacksbowers.com/lots/view/3-KJKLJ/1859-liberty-seated-half-dollar-proof-63-pcgs
7. On November 17, the firm of GreatCollections sold a CAC approved XF-45 grade 1870-CC Liberty Seated silver dollar for $5175. In August 2018 and again in August 2019, Heritage auctioned the same PCGS graded XF-45 1870-CC silver dollar without a CAC sticker for $3840 in each instance.
https://www.greatcollections.com/Coin/768109/1870-CC-Seated-Liberty-Silver-Dollar-PCGS-XF-45-CAC
https://coins.ha.com/itm/seated-dollars/1870-cc-1-xf45-pcgs-oc-4-low-r7/a/1278-4558.s
8. On November 24, the firm of GreatCollections sold a NGC graded MS-65 1901 quarter with a CAC sticker for $990.98. PCGS or NGC graded 1901 quarters have not appeared often in recent years. On October 24, 2018, Stack’s-Bowers auctioned a PCGS graded MS-65 1901 quarter, without a CAC sticker for $780. In December 2017, Heritage sold a PCGS graded MS-65 1901 quarter without a CAC sticker for $900.
https://www.greatcollections.com/Coin/773279/1901-Barber-Quarter-NGC-MS-65-CAC-Toned
https://auctions.stacksbowers.com/lots/view/3-DFPON/1901-barber-quarter-ms-65-pcgs
https://coins.ha.com/itm/a/1265-7326.s
9. The firm of GreatCollections sold a CAC approved MS-67 grade 1963 quarter for $1743.75 on November 24 and a PCGS graded MS-67 1963 quarter without a CAC sticker for $759.38 on October 6, 2019.
https://www.greatcollections.com/Coin/772722/1963-Washington-Quarter-PCGS-MS-67-CAC-Toned
https://www.greatcollections.com/Coin/747863/1963-Washington-Quarter-PCGS-MS-67
10. On November 24, GreatCollections sold a CAC approved MS-64 grade 1900-S Morgan silver dollar for $593.45. On November 20, Heritage sold a PCGS graded MS-64 1900-S Morgan without a CAC sticker for $456. On July 31, 2019, Stack’s-Bowers sold a PCGS graded MS-64 1900-S Morgan without a CAC sticker for this same price, $456.
https://www.greatcollections.com/Coin/772945/1900-S-Morgan-Silver-Dollar-PCGS-MS-64-CAC
https://auctions.stacksbowers.com/lots/view/3-J85Z1/1900-s-morgan-silver-dollar-ms-64-pcgs
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.
