CAC Coins Bring Premiums in April 2024
CAC approved and CACG certified coins fared well in public sales during the month of April.
Here are ten examples, which were selected from a large number of results that could have been listed.
1. On April 10, Stack’s Bowers sold a CAC approved MS-67 grade 1937 half dollar for $1200. On March 10, GreatCollections sold a PCGS graded MS-67 1937 half dollar, without a CAC sticker, for $891.
2. On April 10, Stack’s Bowers sold a CAC approved, NGC graded MS-62 1913 $5 gold coin for $1080. On Feb. 25, GreatCollections sold a PCGS graded MS-62 1913 $5 gold coin, without a CAC sticker, for $880. Market levels for these were approximately the same on Feb. 25 as they were on April 10.
3. On April 10, Stack’s Bowers sold a CAC approved MS-64 (sixty-four) grade 1914-S $20 gold coin for $3600. On April 7, GreatCollections sold an NGC graded MS-65 (sixty-five) 1914-S $20 gold coin, without a CAC sticker, for $2970. On March 28, Stack’s Bowers auctioned a PCGS graded MS-65 (sixty-five) 1914-S $20 coin, without a CAC sticker, for $2880.
4. On April 21, GreatCollections sold a CACG certified MS-66-RD 1929-D Lincoln cent for $3996.30. On April 14, GreatCollections sold a PCGS certified MS-66-RD 1929-D Lincoln cent, without a CAC sticker, for $2977.70.
5. On April 21, GreatCollections sold a CACG graded MS-67 1920 Pilgrim memorial half dollar for $3190. In 2023, Heritage sold four PCGS graded MS-67 1920 Pilgrim memorial half dollar, not one of which had a CAC sticker, for $1620 on Nov. 20, for $1920 on Oct. 9, for $1800 on July 3, and for $1920 on April 24, 2023.
6. On April 21, GreatCollections sold a CACG certified Proof-68 1942 half dollar for $5093.01. On April 14, GreatCollections sold a PCGS certified Proof-68 1942 half dollar, without a CAC sticker, for $3041.50. On March 31, GreatCollections sold a different PCGS certified Proof-68 1942 half dollar, also without a CAC sticker, for $3025.
7. On April 21, GreatCollections sold a CACG graded MS-67 1885-CC Morgan silver dollar for $13,750. Six seconds later, at 6:12:54 PM Pacific Time, GreatCollections sold a PCGS graded MS-67 1885-CC Morgan dollar, without a CAC sticker, for $8098.20.
8. On April 23, Heritage sold a CAC approved MS-64 grade 1856 Three Cent Silver coin for $1500. On Feb. 13, Heritage sold a PCGS graded MS-64 1856 Three Cent Silver, without a CAC sticker, for $1020.
9. On April 23, Heritage sold two PCGS graded MS-66 1941-S half dollars. The second with a CAC sticker brought $1140 and the first without a sticker realized $780.
10. On April 24, Stack’s Bowers sold a CAC approved MS-66 grade 1893 Columbian Exposition commemorative half dollar for $900. On March 17, GreatCollections sold a PCGS graded MS-66 1893 Columbian half, without a CAC sticker, for $661.10. On Dec. 10, GreatCollections sold a different PCGS graded MS-66 1893 Columbian half, without a CAC sticker, for $525.55.
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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.
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