CAC coins bring premiums in September 2020

During September, CAC-approved coins outperformed other certified coins in a live auction in Dallas and in public Internet sales. Here are a dozen examples, which were selected from a large number of results that could have been listed.

1. On September 6, the firm called GreatCollections sold a CAC-approved MS-66 grade 1917-D ‘Type One’ Standing Liberty quarter with a ‘Full Head’ (FH) designation for $2,391.75. On November 20, 2019, Stack’s Bowers sold an MS-66FH ‘Type One’ 1917-D quarter without a CAC sticker for $1,320. In September 2019, Heritage sold a different MS-66FH ‘Type One’ 1917-D quarter, without a CAC sticker, for $1,500.
2. On September 9, 2020, Stack’s Bowers sold two certified MS-66 1896 Morgan silver dollars in consecutive lots. The coin with a CAC sticker brought $312. The MS-66 1896 dollar without a CAC sticker realized $240.
3. On September 10, in consecutive lots, Stack’s Bowers sold two AU-53 1831 half dollars, which were struck from the same pair of dies. The CAC-approved coin brought $1,020 and the 1831 half without a CAC sticker realized $456.
4. On September 14, the Goldbergs auctioned a CAC-approved MS-64 grade 1825 half dollar for $2,640. In December 2019, Heritage auctioned an MS-64 1825 half dollar, without a CAC sticker, for $2,070. These are not of rare die pairings. Market levels for scarce half dollars have not risen since December 2019.
5. On September 14, the Goldbergs auctioned a CAC-approved EF-45 1854-O three-dollar gold piece for $3,360. From July 2018 to January 2020, Heritage sold four non-CAC, EF-45 1854-O three-dollar gold pieces for prices ranging from $2,280 to $2,400. On September 18, Heritage sold an AU-50 1854-O without a CAC sticker for $2,760.
6. On September 17, Heritage auctioned a CAC-approved, MS-66 grade 1934-D Buffalo nickel for $9,000. Although it has been more than a year since a non-CAC, certified MS-66 1934-D nickel has sold at auction, it is illuminating to reflect upon four Heritage auction results for MS-66 1934-D nickels without CAC approval, $1,320 in August 2019, $1,260 in July 2019, $1,920 in June 2019, and $1,320 in September 2018. Prices for Buffalo nickels are not higher now than they were in 2018 or 2019.

7. On September 18, Heritage auctioned a CAC-approved MS-66 grade 1857 Flying Eagle cent for $13,200. On August 3, Heritage auctioned an MS-66 1857 Flying Eagle cent without a CAC sticker for $7,200.
8. On September 18, Heritage auctioned two MS-64 1894-O Morgan silver dollars. The 1894-O silver dollar with a CAC sticker brought $8,400. The MS-64 1894-O dollar without a CAC sticker brought $4,800.
9. On September 18, Heritage auctioned a CAC-approved MS-65 grade 1911 Saint Gaudens $20 gold coin for $26,400. On August 4, Heritage auctioned an MS-65+ 1911 Saint Gaudens $20 gold coin without a CAC sticker for $11,700, less than half as much.
10. On September 18, in consecutive lots, Heritage auctioned two MS-67 1924 Saint Gaudens $20 gold coins. The 1924 Saint with a CAC sticker brought $28,800. The coin without a CAC sticker brought $12,000, significantly less than half as much.
11. On September 20, GreatCollections sold a CAC-approved, MS-65 1928 quarter with a ‘Full Head’ (FH) designation for $1,575. On August 7, Stack’s Bowers sold an MS-65 1928 quarter with a ‘Full Head’ designation without a CAC sticker for $900.
12. On September 27, GreatCollections sold a CAC-approved Proof-66 1881 quarter for $1,868.62. On September 20, Heritage sold a Proof-66 1881 quarter without a CAC sticker for $1,335.60.

❑

Follow us on Facebook and Twitter!