CAC coins bring premiums in April

In addition to faring well in Internet sales during the month of April, CAC-approved coins outperformed other certified coins on average in live auctions in Costa Mesa, California, and Schaumburg, Illinois. Here are a dozen examples, which were selected from a larger number of results that could have been listed.

8. 1. On April 5, in consecutive lots, Stack’s Bowers auctioned two MS-66 1921 Peace dollars. The CAC-approved coin realized $24,000 and the coin without a CAC sticker realized $9,600.
   2. On April 5, Stack’s Bowers auctioned a CAC-approved, NGC graded MS-65 1897 $2.5 gold coin for $1,680. On February 2, Heritage sold an MS-65 1897 $2.5 coin without a CAC sticker for $1,170.
   3. On April 6, Stack’s Bowers auctioned a CAC-approved EF-45 grade 1846 Charlotte Mint $5 gold coin for $12,000. Less than a month earlier, on March 13, David Lawrence Rare Coins sold an EF-45 1846-C $5 gold coin without a CAC sticker for $6,050.
   4. On April 6, Stack’s Bowers auctioned a CAC-approved MS-62 grade 1847 $5 gold coin for $4,320. On October 20, 2021, Heritage sold an MS-62 1847 $5 gold coin without a CAC sticker for $2,520. Although market levels for these increased between October 2021 and April 2022, this increase would only account for a small portion of the difference between $4,320 and $2,520.
   5. On April 10, GreatCollections sold a CAC-approved, certified MS-66 1883-CC Morgan silver dollar with a ‘Deep Mirror Proof like’ (DMPL) designation for $11,001.10. Just seconds later, GreatCollections sold an MS-66-DMPL 1883-CC Morgan dollar without a CAC sticker for $6,493.50.
   6. On April 24, GreatCollections sold an MS-65+ 1925-D Buffalo nickel, which was CAC approved at the MS-65 level for $7,706.60. On January 23, GreatCollections sold an MS-65+ 1925-D Buffalo nickel without a CAC sticker for $3,993.75
   7. On April 24, GreatCollections sold an MS-65+ 1922-S Peace dollar, which was CAC approved at the MS-65 level for $8,311.11. On March 13, GreatCollections sold an MS-65+ 1922-S Peace dollar without a CAC sticker for $4,162.50.
   8. On April 27, a CAC-approved AU-50 grade 1817 half dollar sold on eBay for $1,081. On December 20, 2021, Heritage sold three AU-50 1817 half dollars (none of which had a CAC sticker) for $840, $870, and $900, respectively.
   9. On April 28, Legend auctioned a CAC-approved Proof-65 1878 nickel for $1,351.25. On March 21, Heritage sold a Proof-66 1878 nickel without a CAC sticker for $1,320. A 65-grade coin with a CAC sticker, brought more than a 66-grade 1878 nickel that was not CAC approved.
   10. On April 28, Legend auctioned a CAC-approved, MS-66 grade 1837 ‘No Stars, Large Date’ dime for $15,275. On August 18, 2021, Heritage auctioned an MS-66+ 1837 ‘No Stars, Large Date’ dime without a CAC sticker, for $13,200. Note that an MS-66 coin with a CAC sticker brought more than an MS-66+ 1837 ‘No Stars, Large Date’ dime without a CAC sticker.
   11. On April 10, a CAC-approved VG-10 grade 1795 ‘Two Leaves’ variety half dollar sold on eBay for $2,600. On April 3, David Lawrence Rare Coins sold a VG-10 1795 ‘Two Leaves’ variety half dollar without a CAC sticker for $2,125.
   12. On April 30, a CAC-approved MS-65 grade 1936-S Texas commemorative half dollar sold on eBay, reportedly for $499.95. In February, Heritage sold two MS-65 1936-S Texas halves, neither of which had a CAC sticker, for $192 on February 16 and for $264 on February 7.

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