CAC Coins Bring Premiums in October 2020

During October, CAC approved coins outperformed other certified coins in live auctions in Las Vegas and Dallas in addition to public Internet sales. Here are a dozen examples, which were selected from a large number of results that could have been listed.

by CAC Grading | Published on November 6, 2020

During October, CAC approved coins outperformed other certified coins in live auctions in Las Vegas and Dallas in addition to public Internet sales. Here are a dozen examples, which were selected from a large number of results that could have been listed.

  1. On October 4, the firm called GreatCollections sold a CAC approved Proof-65 1868 quarter for $2255.62. On October 18, Heritage sold a PCGS certified Proof-65 1868 quarter without a CAC sticker for $1440. https://www.greatcollections.com/Coin/889134/1868-Seated-Liberty-Quarter-PCGS-Proof-65-CAC-Toned
  2. On October 4, GreatCollections sold a CAC approved, NGC graded MS-67 1906 $2.5 gold coin for $3628.12. On August 7, Stack’s-Bowers sold a PCGS graded MS-67 1906 $2.5 gold coin without a CAC sticker for $2160. https://www.greatcollections.com/Coin/898742/1906-Liberty-Gold-Quarter-Eagle-NGC-MS-67-CAC
  3. On October 8, Legend auctioned a CAC approved, NGC graded MS-63 1837 ‘Large Date’ Liberty Seated half dime for $1821.25. Earlier this year, Heritage sold two non-CAC, PCGS graded MS-63 1837 ‘Large Date’ Liberty Seated half dimes for $810 on March 17 and for $745.20 on February 4. The CAC approved coin thus realized more than twice as much. https://legendauctions.hibid.com/lot/73043867/10c-1837-no-stars--large-date--ngc-ms63-cac?ipp=10
  4. On October 8, Legend auctioned a CAC approved MS-64 grade 1845 dime for $1175. On June 28, GreatCollections sold a PCGS graded MS-65 1845 dime without a CAC sticker for $652.50. https://legendauctions.hibid.com/lot/73043871/10c-1845-pcgs-ms64-cac?ipp=10
  5. On October 8, Legend auctioned a CAC approved MS-67 grade 1885 dime for $2937.50. On April 26, 2020, Heritage sold a PCGS graded MS-67 1885 dime without a CAC sticker for $1440. https://legendauctions.hibid.com/lot/73043878/10c-1885-pcgs-ms67-cac?ipp=10
  6. On October 8, Legend auctioned a CAC approved MS-66 grade 1854 ‘Type Two’ One Dollar Gold piece for $64,625. On January 9, 2020, Heritage auctioned a PCGS graded MS-66 1854 ‘Type Two’ One Dollar Gold piece without a CAC sticker for $36,000. https://legendauctions.hibid.com/lot/73044129/g-1-1854-type-2--pcgs-ms66-cac?ipp=10
  7. On October 11, GreatCollections sold a CAC approved MS-66 grade 1905 $2.5 gold coin for $1299.38. On October 7, Heritage sold a PCGS graded MS-66 1905 $2.5 gold coin without a CAC sticker for $990. https://www.greatcollections.com/Coin/889547/1905-Liberty-Gold-Quarter-Eagle-PCGS-MS-66-CAC
  8. On October 11, the firm called GreatCollections sold a CAC approved MS-64 grade 1915 $10 gold coin for $3513.38. On September 20, Heritage sold a PCGS graded MS-64 1915 $10 gold coin without a CAC sticker for $2640. https://www.greatcollections.com/Coin/889553/1915-Indian-Gold-Eagle-PCGS-MS-64-CAC
  9. On October 15, Heritage auctioned a CAC approved Proof-68 1937 quarter for $15,000. Another PCGS certified Proof-68 1937 quarter has not been publicly sold in 2020. On December 29, 2019, GreatCollections sold a PCGS certified Proof-68 1937 quarter without a CAC sticker for $5465.25. On November 17, 2019, GreatCollections sold a different PCGS certified Proof-68 1937 quarter without a CAC sticker for $6197.62. https://coins.ha.com/itm/washington-quarters/quarters-and-twenty-cents/1937-25c-pr68-pcgs-cac-pcgs-5976-/a/1320-3059.s
  10. On October 15, Heritage auctioned a CAC approved Proof-67 1936 half dollar for $18,000. On August 27, Legend auctioned a PCGS certified Proof-67 1936 half dollar without a CAC sticker for $9400. https://coins.ha.com/itm/proof-walking-liberty-half-dollars/1936-50c-pr67-pcgs-cac/a/1320-3075.s
  11. On October 15, Heritage auctioned a CAC approved MS-65 grade 1910-S $20 gold coin for $12,000. On August 3, Heritage auctioned three non-CAC, PCGS graded MS-65 1910-S $20 gold coins, in successive lots for $5040, $8400 and $4920, respectively. None of these three had a CAC sticker and not one realized a price that is close to the $12,000 result for the just mentioned CAC approved MS-65 1910-S. Market values for MS-65 1910-S twenties were not higher in October than they were in August. https://coins.ha.com/itm/saint-gaudens-double-eagles/double-eagles/1910-s-20-ms65-pcgs-cac-pcgs-9156-/a/1320-3162.s
  12. On October 16, Heritage auctioned a CAC approved Proof-68 1937 half dollar for $60,000, yes sixty thousand! Heritage auctioned a PCGS certified Proof-68 half dollar, without a CAC sticker for $5040 on April 23, 2020 and for $6600 on February 20, 2020. On August 15, 2019, Stack’s-Bowers auctioned a different PCGS certified Proof-68 half dollar without a CAC sticker for $10,800. https://coins.ha.com/itm/walking-liberty-half-dollars/half-dollars/1937-50c-pr68-pcgs-cac/a/1320-3433.s

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Source: CAC Grading

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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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