CAC Reports on Premiums Realized in July 2019
Far Hills, NJ — In addition to faring well in Internet sales during the month of June, CAC approved coins outperformed other certified coins in a live auction at a FUN Convention in Florida. Here are ten examples, which were selected from a large number of results that could have been listed.
H-2(#1 July 12), 3(#2 July 12), 4(#3 July 12), 8(#4 July 12), 10(#5 July 12), 6(#6 July 14), 7(#7 July 14) … GC-3(#8) ,5(#9) and 8(#10) . Thanks! John.
1. On July 12 Heritage auctioned a CAC approved MS-68 1943-S steel cent for $5400. This result is consistent with recent prices realized. So far this year Heritage has auctioned CAC approved MS-68 1943-S steel cents for $3600 on April 28, for $4080 also on April 28 for $5400 on March 16 and for $5280 on January 14. In contrast, PCGS graded MS-68 1943-S steel cents without CAC approval were sold by Heritage for $3120 on July 12, for $1920 on June 9, and for $2400 on January 14. The trend has been for CAC approved MS-68 grade steel cents to bring much more.
https://coins.ha.com/itm/lincoln-cents/small-cents/1943-s-1c-ms68-pcgs-cac/a/1297-3357.s
https://coins.ha.com/itm/lincoln-cents/1943-s-1c-ms68-pcgs/a/1291-4102.s
2. On July 12, Heritage auctioned a NGC certified Proof-66 Cameo 1877 Three Cent Nickel with a sticker of approval from CAC for $3360. On June 9, Heritage sold a PCGS certified Proof-66 Cameo 1877 Three Cent Nickel without a CAC sticker for $2640.
3. On July 12, Heritage auctioned a CAC approved MS-64 grade 1832 dime for $2886. In January 2018 at a FUN Convention Heritage auctioned a PCGS graded MS-64 1832 dime without a CAC sticker for $1740. In October 2017, Heritage sold a different PCGS graded MS-64 1832 dime without a CAC sticker for $2040.
https://coins.ha.com/itm/bust-dimes/1832-10c-jr-2-r2-ms64-pcgs-cac/a/1297-3430.s
https://coins.ha.com/itm/a/1271-3361.s
4. On July 12, Heritage auctioned a CAC approved MS-65 1911 half dollar with a CAC sticker for $2040. On March 16, 2019, Heritage auctioned a PCGS graded MS-65 1911 half dollar without a CAC sticker for $1488.
https://coins.ha.com/itm/barber-half-dollars/half-dollars/1911-50c-ms65-pcgs/a/1293-3811.s
https://coins.ha.com/itm/barber-half-dollars/half-dollars/1911-50c-ms65-pcgs/a/1293-3811.s
5. On July 12, Heritage auctioned a CAC approved extremely Fine-45 grade 1889-CC Morgan silver dollar for $4320. On April 30, 2019, Stack’s-Bowers sold a PCGS graded Extremely Fine-45 1889-CC Morgan silver dollar with a CAC sticker for $2880.
https://auctions.stacksbowers.com/lots/view/3-IAKAE/1889-cc-morgan-silver-dollar-ef-45-pcgs
6. On July 14, Heritage auctioned an NGC graded AU-55 1812 ‘Large 8’ half dollar with a sticker of approval from CAC for $1200. On February 3, 2019, Heritage sold a PCGS graded AU-55 1812 ‘Large 8’ half dollar without a CAC sticker for $780. In October 2018, Heritage sold a different PCGS graded AU-55 1812 ‘Large 8’ half dollar without a CAC sticker for $960.
7. On July 14, Heritage auctioned an NGC graded MS-64 1907-O half dollar, with a sticker of approval from CAC for $1080. On June 9, 2019, Heritage sold a PCGS graded MS-64 1907-O half dollar without a CAC sticker $840. About a year ago, in July 2018, Heritage sold a different PCGS graded MS-64 1907-O half dollar without a CAC sticker for $810.
8. On July 28, GreatCollections sold a CAC approved AU-58 grade 1928-D quarter for $148.40. On January 30, Heritage sold a PCGS graded AU-58 1928-D quarter without a CAC sticker for $84.
https://www.greatcollections.com/Coin/731890/1928-D-Standing-Liberty-Quarter-PCGS-AU-58-CAC
9. On July 28, GreatCollections sold a CAC approved Proof-67 1939 Walking Liberty half dollar for $871.88. On January 20, 2019, GreatCollections sold a different CAC approved Proof-67 1939 Walking Liberty half dollar for even more, $1059.75. In November 2018, Heritage sold a PCGS certified Proof-67 1939 Walking Liberty half dollar without a CAC sticker for $600. In April 2018, Heritage auctioned a colorful PCGS certified Proof-67 1939 Walking Liberty half dollar without a CAC sticker for $780.
https://www.greatcollections.com/Coin/701893/1939-Walking-Liberty-Half-Dollar-PCGS-Proof-67-CAC
https://www.greatcollections.com/Coin/644514/1939-Walking-Liberty-Half-Dollar-PCGS-Proof-67-CAC
10. On July 28, GreatCollections sold a CAC approved MS-66 1926 Peace silver dollar for $1659.38. On June 27, Legend sold a PCGS graded MS-66 1926 Peace dollar without a CAC sticker for $940. On June 16, GreatCollections sold a different PCGS graded MS-66 1926 Peace dollar without a CAC sticker for $1080. During the month of May, Legend sold one and Stack’s-Bowers auctioned two CAC approved MS-66 grade 1926 Peace dollars for more than $2500 each.
https://www.greatcollections.com/Coin/666619/1926-Peace-Silver-Dollar-PCGS-MS-66-CAC
https://www.greatcollections.com/Coin/639951/1926-Peace-Silver-Dollar-PCGS-MS-66
https://legendauctions.hibid.com/lot/52580538/-1-1926-pcgs-ms66/
https://auctions.stacksbowers.com/lots/view/3-IAQRX/1926-peace-silver-dollar-ms-66-pcgs-cac
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.
