CAC Coins Bring Premiums In October 2024
CAC approved and CACG encapsulated coins fared well in public sales during the month of October 2024.
Here are a dozen examples, which were selected from a larger number of results that could have been listed.
1. On Oct. 6, David Lawrence Rare Coins (DLRC) sold a CAC approved AU-53 grade 1799 ‘7x6 Stars’ silver dollar for $12,000. On Oct. 13, GreatCollections sold a PCGS graded AU-53 1799 ‘7x6 Stars’ dollar, without a CAC sticker, for $6,215. On Oct. 20, GreatCollections sold an NGC graded AU-53 1799 ‘7x6 Stars’ dollar, without a CAC sticker, for $7,012.50. On Aug. 13, Stack’s Bowers auctioned a PCGS graded AU-55 1799 ‘7x6 Stars’ silver dollar, without a CAC sticker, for $9,000, and this is of a relatively rare die pairing. A CAC approved AU-53 grade non-rare 1799 silver dollar brought substantially more than a non-CAC PCGS graded AU-55 grade 1799 dollar of a rare die pairing.
2. On Oct. 13, DLRC sold a CAC approved AU-53 grade 1906-O half dollar for $1,052. On March 28, 2023, Stack’s Bowers auctioned a PCGS graded AU-55 1906-O half dollar, without a CAC sticker, for $384. Market levels for these were not higher in October 2024 than they were in March 2023.
3. On Oct. 28, DLRC sold a CAC approved AU-58 grade 1803/2 overdate $5 gold coin for $19,250. On Oct. 20, GreatCollections sold a PCGS graded AU-58, without a CAC sticker, for $11,732.60. On Aug. 13, Stack’s Bowers auctioned an NGC graded MS-61 1803/2 overdate $5 gold coin, without a CAC sticker, for $11,700.
4. On Oct. 28, DLRC sold a CAC approved XF-40 grade 1856-S $2.5 gold coin for $1030. On April 10, Heritage sold a PCGS graded XF-45 grade 1856-S $2.5 gold coin, without a CAC sticker, for $660. On June 26, Heritage sold an NGC graded AU-53 1856-S $2.5 gold coin, without a CAC sticker, for $858.
5. On Oct. 20, GreatCollections sold a CACG certified MS-67 grade 1940-S Lincoln cent with a ‘Full Red’ color designation (RD) for $1,125.30. On Oct 13, GreatCollections sold a PCGS certified MS-67 1940-S cent with a ‘Full Red’ (RD) designation, though without a CAC sticker, for $101.20.
On June 21, Stack’s Bowers sold three PCGS certified MS-67+ grade 1940-S Lincoln cents, all with a ‘RD’ designation. The highest price realized of the three was $576.
6. On Oct. 20, GreatCollections sold a CACG graded MS-64 1882-CC Morgan silver dollar for $442.20. On Oct. 9, Stack’s Bowers auctioned two PCGS graded MS-64 1882-CC Morgans, neither of which had a CAC sticker. One brought $336 and the other realized $360. On Oct. 23, Heritage sold a PCGS graded MS-64 1882-CC Morgan, without a CAC sticker, for $334.
7. On Oct. 20, GreatCollections sold a CACG graded MS-61 1909-D $5 gold coin for $908.60. A week earlier, on Oct. 13, GreatCollections sold a PCGS graded MS-62 1909-D $5 gold coin, without a CAC sticker, for $798.33.
8. On Oct. 20, GreatCollections sold a CACG graded MS-66+ 1925-S California commemorative half dollar for $2,033.90. On Aug. 11, GreatCollections sold a PCGS graded MS-67 1925-S California half, without a CAC sticker, for $1,488.88. A CACG graded MS-66+ coin realized much more than a non-CAC PCGS graded MS-67 1925-S California commemorative half dollar.
9. On Oct. 22, Heritage auctioned a CACG graded MS-67 1936 Buffalo nickel for $500.40. On Oct. 23, Stack’s Bowers sold a PCGS graded MS-67 1936 nickel, without a CAC sticker, for $432.
10. On Oct. 9, Stack’s Bowers sold a CAC approved XF-40 grade 1812 half dollar for $528. This 1812 half is not of a rare die pairing. On Oct. 6, GreatCollections sold a PCGS graded XF-40 1812 half, without a CAC sticker, for $423.50. On Dec. 20, 2023, Heritage sold a different PCGS graded XF-40 1812 half, without a CAC sticker, for $420.
11. On Oct. 23, Stack’s Bowers sold a CAC approved, NGC certified MS-64-RB 1908-S Indian cent for $900. On Aug. 21, Stack’s Bowers sold a PCGS certified MS-64-RB 1908-S Indian cent, without a CAC sticker, for $780. On April 21, Heritage sold an NGC certified MS-64-RB 1908-S Indian cent, without a CAC sticker, also for $780.
12. On Oct. 23, Stack’s Bowers sold a CAC approved, NGC graded MS-64 1921 Alabama commemorative half dollar for $456. On Aug. 23, Stack’s Bowers sold a PCGS graded 1921 Alabama half, without a CAC sticker, for $360. On May 20, Heritage sold a different PCGS graded 1921 Alabama half, without a CAC sticker, also for $360.
Download the Greysheet app for access to pricing, news, events and your subscriptions.
Subscribe Now.
Subscribe to CAC Rare Coin Market Review for the industry's most respected pricing and to read more articles just like this.
Source: CAC Grading
CAC was formed in 2007 by John Albanese, a respected authority on coin grading and the rare coin market, along with twenty-two leading members of the numismatic community. Because certified coins of the same grade can be of varying quality, CAC’s mission was to advocate for the hobbyist by establishing an extremely stringent standard of grading. As a verifier of previously certified coins, CAC only recognizes coins that meet the highest standard with the now famous green sticker. Out of all the coins submitted to CAC, less than half receive the honorable CAC sticker. As a result, the CAC sticker serves as an unmistakable means of identifying premium coins for the grade.
In 2022, John Albanese assembled over one hundred and fifty leading members of the numismatic community with a purpose to reclaim accuracy and consistency in grading. After all, why merely sticker a previously certified coin when the same stringent standards can be applied within the context of a grading service? Thus, CAC Grading was born! The only difference now is the grade assigned to a coin is a true representation of that coin. Boasting a team of world-class graders including Ron Drzewucki, John Butler, among others, CAC is committed to applying an unparalleled level of expertise to every submitted coin. As a result, hobbyists can have total confidence in a coin certified by CAC.
Please sign in or register to leave a comment.
Your identity will be restricted to first name/last initial, or a user ID you create.
Comment
Comments