CAC coins bring premiums in October

In addition to faring well in Internet sales during the month of October, CAC-approved coins outperformed other certified coins in live auctions in Dallas and San Diego. Here are 10 examples, which were selected from a larger number of results that could have been listed.

1. On October 3, GreatCollections sold a CAC-approved AU-53 1876 $20 gold coin for $2,211. On June 20, 2021, the firm of David Lawrence sold an AU-58 1876 $20 gold coin without a CAC sticker for $2,100. A CAC-approved AU-53 grade coin brought more than a non-CAC, AU-58 grade 1876 $20.
2. On October 7, Heritage auctioned a CAC-approved AU-58 grade 1889-CC Morgan silver dollar for $19,200. On February 24, 2021, Heritage auctioned an AU-58 1889-CC Morgan without a CAC sticker for $10,800.
3. On October 7, Heritage auctioned a CAC-approved AU-58 grade 1845-D $5 gold coin for $9,600. On June 14, 2021, the Goldbergs auctioned an MS-60 1845-D $5 gold coin without a CAC sticker for $6,600.
4. On October 7, in consecutive lots, Heritage auctioned two certified MS-67 grade 1924 Saint Gaudens $20 gold coins. A CAC-approved coin realized $32,400 and an MS-67 1924 $20 without a CAC sticker realized $14,400, less than half as much.
5. On October 17, GreatCollections sold a CAC-approved, MS-64 grade 1916-S $10 gold coin for $11,551.10. On August 20, Heritage auctioned an MS-64 1916-S $10 gold coin without a CAC sticker for $7,800.

6. On October 24, GreatCollections sold a CAC-approved MS-64 grade 1928 Peace dollar for $1,538.92. On September 15, Heritage sold an MS-64 1928 Peace dollar without a CAC sticker for $990.
7. On October 27, Legend auctioned a CAC-approved AU-55 grade 1808/7 overdate half dollar for $3,462.50. On November 22, 2020, Heritage auctioned an AU-55 1808/7 half without a CAC sticker for $2,280. Market levels for these have increased just slightly since November 2020.
8. On October 27, Legend auctioned a CAC-approved MS-64 grade 1860-S half dollar for $22,192. On April 21, 2021, Legend auctioned an MS-64 1860-S half dollar without a CAC sticker for $10,868.75.
9. On October 28, Legend auctioned a CAC-approved, Proof-66RB 1909 VDB Lincoln cent for $55,812.50. On May 23, 2019, Stack’s Bowers auctioned a Proof-66RB 1909 VDB Lincoln cent without a CAC sticker for $26,400. On January 10, 2019, Heritage auctioned a different Proof-66RB 1909 VDB Lincoln cent without a CAC sticker for $31,200. All three of these have a ‘Red & Brown’ (RB) color designation. Market levels for Proof 1909 VDB Lincoln cents did not change much from January 2019 to October 2021.
10. On October 28, Legend auctioned a CAC-approved MS-67 grade 1883 ‘No Cents’ Liberty Head nickel for $4,347.50. On August 24, Stack’s Bowers sold an MS-67 1883 ‘No Cents’ Liberty Head nickel without a CAC sticker for $1,440.

❑

Follow us on Facebook and Twitter!