CAC Coins Bring Premiums in December 2019

CAC's monthly report on recent rare coin auction records where CAC-approved coins perform especially well in auctions.



Certified Acceptance Corporation (CAC) · Jan 9, 2020
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Bedminster, NJ: In addition to realizing newsworthy premiums in a public auction in Dallas, CAC approved coins outperformed other certified coins in various public Internet sales during the month of December. Here are ten examples, which were selected from a large number of results that could have been listed.

1. On December 5, Heritage auctioned a CAC approved MS-66 grade 1903-S $10 gold coin for $6000 [link]. On February 3, 2019, the firm of David Lawrence sold a PCGS graded MS-66 1903-S $10 gold coin without a CAC sticker for $4000 [link]. The CAC approved coin thus brought 50% more. Market values for these were not significantly higher in early December than they were in February.

2. On December 6, Heritage auctioned two PCGS graded MS-66 1885-S Morgan silver dollars in successive lots. The CAC approved MS-66 1885-S Morgan realized $9300 [link] and the non-CAC coin brought $2640 [link]!

3. On December 6, Heritage auctioned a CAC approved MS-67 grade 1883 Shield nickel for $8400 [link]. In June 2019, Heritage auctioned a PCGS graded MS-67 1883 Shield nickel without a CAC sticker for $2760 [link], less than one-third as much .

4. On December 6, Heritage auctioned two PCGS graded MS-67 1921 Buffalo nickels in successive lots. The CAC approved coin realized $6600 [link], and the PCGS graded MS-67 1921 nickel without a CAC sticker realized $2640 [link]. The coin with a CAC sticker thus realized two and a half times as much!

5. On December 6, Heritage auctioned a CAC approved MS-67 grade 1899-O Morgan silver dollar for $5520 [link]. In October, Heritage auctioned a PCGS graded MS-67 1899-O Morgan, without a CAC sticker for $1560 [link]. Also in October 2019, the firm of David Lawrence sold a PCGS graded MS-67 1899-O Morgan without a CAC sticker for $2050 [link].

6. On December 12, Legend auctioned a CAC approved MS-64 grade 1835 half cent with a ‘Full Red’ (RD) designation for $9987.50 [link]. In July 2019, Heritage auctioned a PCGS certified MS-64 1835 half cent also with a ‘Full Red’ (RD) designation, but without a CAC sticker for $3000 [link], less than one-third as much as just mentioned CAC approved coin realized.

7. On December 12, Legend auctioned two PCGS graded MS-65 1909-S VDB Lincoln cents, each with a ‘Full Red’ (RD) designation from PCGS. The coin with a CAC sticker went for $6462.50 and the PCGS certified MS-65RD 1909-S VDB without a CAC sticker brought $4112.50.

8. On December 12, Legend Auctions sold a CAC approved Proof-68 1941 Walking Liberty half dollar for $6462.50 [link]. In August, at the summer ANA Convention, Heritage auctioned a PCGS certified Proof-68 1941 Walker without a CAC sticker for $3840 [link].

9. On December 22, the firm called GreatCollections sold a CAC approved MS-67 grade 1950 Washington quarter for $600.75 [link]. On October 25, Heritage sold a PCGS graded MS-67 1950 quarter, without a CAC sticker for $228 [link]. During August 2019, Heritage sold two PCGS graded MS-67 1950 quarters neither of which had a CAC sticker. Each realized $288. [link] [link]

10. On December 29, the firm of GreatCollections sold a CAC approved MS-65 1883 dime for $556.88 [link]. Heritage sold a PCGS graded MS-65 1883 dime without a CAC sticker for $456 [link] in April and a different PCGS graded MS-65 1883 dime, also without a CAC sticker for $480 [link] in January 2019.

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