CAC coins bring premiums in July

During the month of July, CAC-approved coins fared well in live auctions in Dallas and Las Vegas, in addition to performing in many Internet sales. Here are a dozen examples, which were selected from a large number of results that could have been listed.

1. On July 3, GreatCollections sold a CAC-approved Proof-66 1883 ‘No Cents’ Liberty Head nickel for $1,019.70. On May 3, Heritage sold a Proof-66 1883 ‘No Cents’ nickel without a CAC sticker for $690.
2. On July 15, Heritage auctioned a CAC-approved MS-65 1854 three-cent silver for $3,960. On December 19, 2021, Heritage sold an MS-65 1854 three-cent silver without a CAC sticker for $1,801.20, less than half as much.
3. On July 15, Heritage auctioned a CAC-approved AU-53 grade 1838-O ‘No Stars’ half dime for $8,100. AU grade 1838-O half dimes are not often offered. On April 23, 2020, Heritage sold an AU-58 1838-O ‘No Stars’ half dime without a CAC sticker for $6,000. A CAC-approved AU-53 coin thus brought much more than a non-CAC AU-58 1838-O half dime. While market levels for these have increased a little from April 2020 to July 2022, this increase could not account for a large part of the premium paid for this CAC-approved half dime.
4. On July 15, in successive lots, Heritage auctioned two MS-66 1892-O quarters. The CAC-approved 1892-O realized $5,040, and the 1892-O without a CAC sticker realized $2,880. The CAC approved MS-66 1892-O quarter thus realized 75% more than the non-CAC MS-66 1892-O quarter
5. On July 21, a CAC-approved MS-64 1918-S Lincoln cent sold on eBay for $311.28. On March 22, Heritage sold an MS-64 1918-S Lincoln without a CAC sticker for $240. Both coins were designated as being ‘Brown’ in color (BN).
6. On July 24, GreatCollections sold a CAC-approved, MS-65RD 1911-S Lincoln cent for $14,726.80. Four second earlier, at 4:11:24 PM Pacific Time, GreatCollections sold n MS-65RD 1911-S Lincoln cent without a CAC sticker for $2064.38. Both coins were designated by PCGS as having ‘full red color’ (RD). The CAC approved MS-65RD 1911-S cent thus brought more than seven times as much as its non-CAC counterpart.
7. On July 24, GreatCollections sold a CAC-approved MS-65 grade 1927-D Peace silver dollar for $6,660.50. On July 17, GreatCollections sold an MS-65 1927-D Peace dollar without a CAC sticker for $3,937.50.
8. On July 24, a CAC-approved EF-40 grade 1928 Peace silver dollar sold on eBay for $361.57. On June 15, Heritage sold an AU-50 1928 Peace dollar without a CAC sticker for $300. A CAC-approved EF-40 grade coin thus sold for 20% more than a non-CAC, AU-50 1928 dollar.
9. On July 24, APMEX sold a CAC-approved AU-58 1861 $20 gold coin for $3,750 on eBay. On December 16, 2021, Heritage sold an AU-58 1861 $20 gold coin without a CAC sticker for $2,640. Although these increased in value between December 2021 and July 2022, this increase would not account for much of the difference in price between $3,750 and $2,640.
10. On July 28, Legend auctioned a CAC-approved MS-68 grade 1936-D Columbia commemorative half dollar for $7,050. On Febuary 25, 2022, Heritage auctioned an MS-68 1936-D Columbia half without a CAC sticker for $3,840.
11. On July 28, Legend auctioned a CAC-approved MS-66 grade 1938-D half dollar for $2,467.50. On February 27, the firm of David Lawrence sold an MS-66 1938-D half without a CAC sticker for $1,800. On February 22, Heritage sold a different MS-66 1938-D half, without a CAC sticker, for $1,700.40.
12. On July 28, Legend auctioned a CAC-approved Proof-68 1942 half dollar for $4,700. On May 23, Heritage sold a Proof-68 1942 half without a CAC sticker for $3,120.

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