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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.
On September 6, the firm called Great Collections sold a CAC approved MS-66 grade 1917-D ‘Type One’ Standing Liberty quarter with a ‘Full Head’ (FH) designation for $2391.75. On November 20, 2019, Stack’s-Bowers sold a PCGS certified MS-66FH ‘Type One’ 1917-D quarter without a CAC sticker for $1320. In September 2019, Heritage sold a different PCGS certified MS-66FH ‘Type One’ 1917-D quarter, without a CAC sticker for $1500.
On September 9, 2020, Stack’s-Bowers sold two certified MS-66 1896 Morgan silver dollars in consecutive lots. The NGC graded coin with a CAC sticker brought $312. The PCGS graded MS-66 1896 dollar without a CAC sticker realized $240.
https://auctions.stacksbowers.com/lots/view/3-O6H2S/1896-morgan-silver-dollar-ms-66-ngc-cac
On September 10, in consecutive lots, Stack’s-Bowers sold two PCGS graded AU-53 1831 half dollars which were struck from the same pair of dies. The CAC approved coin brought $1020 and the 1831 half without a CAC sticker realized $456.
On September 14, the Goldberg’s auctioned a CAC approved MS-64 grade 1825 half dollar for $2640. In December 2019, Heritage auctioned a PCGS graded MS-64 1825 half dollar, without a CAC sticker for $2070. These are not of rare die pairings. Market levels for scarce half dollars have not risen since December 2019.
http://images.goldbergauctions.com/php/lot_auc.php?site=1&sale=117&lot=637&lang=1
On September 14, the Goldberg’s auctioned a CAC approved XF-45 1854-O Three Dollar gold piece for $3360. From July 2018 to January 2020, Heritage sold four non-CAC, PCGS graded XF-45 1854-O Three Dollar gold pieces for prices ranging from $2280 to $2400. On September 18, Heritage sold a PCGS graded AU-50 1854-O without a CAC sticker for $2760.
On September 17, Heritage auctioned a CAC approved, MS-66 grade 1934-D Buffalo nickel for $9000. 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 PCGS graded MS-66 1934-D nickels without CAC approval, $1320 in August 2019, $1260 in July 2019, $1920 in June 2019, and $1320 in September 2018. Prices for Buffalo nickels are not higher now than they were in 2018 or 2019.
https://coins.ha.com/itm/buffalo-nickels/nickels/1934-d-5c-ms66-pcgs-cac-pcgs-3973-/a/1310-10032.s
On September 18, Heritage auctioned a CAC approved MS-66 grade 1857 Flying Eagle cent for $13,200. On August 3, Heritage auctioned a PCGS graded MS-66 1857 Flying Eagle cent without a CAC sticker for $7200.
On September 18, Heritage auctioned two PCGS graded MS-64 1894-O Morgan silver dollars. The 1894-O silver dollar with a CAC sticker brought $8400. The PCGS graded MS-64 1894-O dollar without a CAC sticker brought $4800.
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 a PCGS graded MS-65+ 1911 Saint Gaudens $20 gold coin without a CAC sticker for $11,700, less than half as much.
On September 18, in consecutive lots, Heritage auctioned two PCGS graded 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.
On September 20, GreatCollections sold a CAC approved, NGC graded MS-65 1928 quarter with a ‘Full Head’ (FH) designation for $1575. On August 7, Stack’s-Bowers sold a PCGS graded MS-65 1928 quarter with a ‘Full Head’ designation without a CAC sticker for $900.
https://www.greatcollections.com/Coin/884455/1928-Standing-Liberty-Quarter-NGC-MS-65-FH-CAC
On September 27, GreatCollections sold a CAC approved Proof-66 1881 quarter for $1868.62. On September 20, Heritage sold a PCGS certified Proof-66 1881 quarter without a CAC sticker for $1335.60.
https://www.greatcollections.com/Coin/887742/1881-Seated-Liberty-Quarter-PCGS-Proof-66-CAC-Toned
