CAC coins bring premiums in May

In addition to faring well in Internet sales during the month of May, CAC-approved coins outperformed other certified coins in a live auction in Las Vegas. Here are a dozen examples, which were selected from a larger number of results that could have been listed.

1. 1. On May 2, the firm called GreatCollections sold a CAC-approved, MS-66 1926-S Peace dollar for $5,962.50. On March 21, GreatCollections sold an MS-66 1926-S Peace dollar without a CAC sticker for $3,937.50. On January 24, Heritage sold a different MS-66 1926-S Peace dollar without a CAC sticker for $3,480.
   2. On May 9, GreatCollections sold a CAC-approved, MS-63 grade 1892-CC Morgan silver dollar for $3,937.50. On May 2, GreatCollections sold an MS-63 1892-CC Morgan without a CAC sticker for $2,198.25. On April 25, Heritage sold two non-CAC, MS-63 1892-CC Morgans for $2,280 and $2,400, respectively.
   3. On May 9, GreatCollections sold a CAC-approved MS-65 grade 1899 $5 gold coin for $2,307.38. On January 13, Heritage sold an MS-65 1899 $5 gold coin without a CAC sticker for $1,320. On November 13, 2020, Stack’s Bowers auctioned a different MS-65 1899 $5 gold coin without a CAC sticker for $1,440.
   4. On May 9, GreatCollections sold a CAC-approved MS-67 grade 1916 McKinley commemorative $1 gold piece for $3,937.50. On March 26, Stack’s Bowers auctioned an MS-67 1916 McKinley commemorative $1 gold piece without a CAC sticker for $1,440.
   5. On May 23, GreatCollections sold a CAC-approved, NGC graded MS-67 1886 Morgan silver dollar for $3,062.25. On April 1, Stack’s Bowers auctioned an MS-67 1886 Morgan dollar without a CAC sticker for $1,920. On March 21, the firm of David Lawrence sold a different MS-67 1886 Morgan dollar without a CAC sticker for $875.
   6. On May 26, Legend auctioned a CAC-approved, MS-66 grade 1864 ‘Small Motto’ two-cent piece with a ‘full red’ (RD) designation for $12,925. On December 17, 2020, Stack’s Bowers auctioned an MS-66 1864 ‘Small Motto’ two-cent piece also with a ‘full red’ (RD) designation, but without a CAC sticker, for $7,800. Market levels for two-cent pieces have not risen since December 2020.
      
   7. On May 26, Legend auctioned a CAC-approved Proof-66-Cameo 1939 Mercury dime for $3,642.50. On August 7, 2020, Stack’s Bowers auctioned a Proof-66-Cameo 1939 Mercury dime without a CAC sticker for $1,920. Market levels for Proof-66 Mercury dimes have not risen since August 2020.
   8. On May 26, Legend auctioned a CAC-approved MS-66 grade 1879 quarter for $2,937.50. In December 2019, Heritage sold an MS-66 1879 quarter without a CAC sticker for $1,860. Even if market values for these have risen in the interim, it is likely that the CAC MS-66 1879 quarter realized a sizable CAC-related premium in May.
   9. On May 26, Legend auctioned a CAC-approved, NGC graded MS-67 1923 Standing Liberty quarter for $1,997.50. On March 25, Stack’s Bowers auctioned an MS-67 1923 Standing Liberty quarter without a CAC sticker for $1,320.
   10. On May 26, Legend auctioned a CAC-approved MS-64 grade 1829 half dollar for $3,642.50. On March 26, Stack’s Bowers auctioned an MS-64 1829 half dollar, without a CAC sticker, for $1,920. Both coins are of the same die variety (O-112a).
   11. On May 26, Legend auctioned a CAC-approved, MS-67 grade 1944 half dollar for $1,175. On May 12, 2021, Heritage sold an MS-67 1944 half dollar, without a CAC sticker, for $630.
   12. On May 30, GreatCollections sold a CAC-approved, MS-64 1915 $5 gold coin for $3,571.88. On March 26, Stack’s Bowers auctioned an MS-64 1915 $5 gold coin without a CAC sticker for $2,640.

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