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CAC coins bring premiums in February

1856 Flying Eagle cent Snow-3 P-65 PCGS. CAC. Image by Heritage Auctions. Hover to zooms.

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

    1. On February 6, the firm called GreatCollections sold a CAC-approved MS-67 grade 1906-O dime for $15,400. Another certified MS-67 1906-O dime has not been auctioned recently. On April 4, 2021, David Lawrence Rare Coins sold an MS-67 1906-O dime without a CAC sticker for $3,350.
    2. On February 6, GreatCollections sold a CAC-approved MS-67 grade 1900-O Morgan silver dollar for $4,736.60. On January 23, GreatCollections sold an MS-67 1900-O without a CAC sticker for $2,761.88. On January 16, David Lawrence Rare Coins sold a different MS-67 1900-O without a CAC sticker for $2,700.
    3. On February 6, GreatCollections sold a CAC-approved, MS-67 1904-O Morgan silver dollar for $5,060. On January 27, Legend auctioned an MS-67 1904-O Morgan without a CAC sticker for $3,760.
    4. On February 13, GreatCollections sold a CAC-approved MS-66 grade 1905 Lewis & Clark Exposition commemorative one-dollar gold piece for $24,751.10. On October 7, 2021, Heritage auctioned an MS-66 coin without a CAC sticker for $8,400. Several non-CAC, MS-66 1905 Lewis & Clark one-dollar gold pieces were auctioned during 2020: By Heritage for $7,200 on November 20, by Legend for $6,168.75 on October 8, by Legend for $8,225 on July 16, by Heritage for $7,200 on June 4, and another by Heritage for $6,900 also on June 4, 2020.
    5. On February 14, the Goldbergs auctioned a CAC-approved MS-66 grade 1935 Peace dollar for $2,520. On December 15, 2021, Stack’s Bowers auctioned an MS-66 1935 Peace dollar without a CAC sticker for $1,800.
    6. On February 24, Heritage auctioned a CAC-approved Proof-65 1856 Flying Eagle cent for $30,000. On June 13, 2021, the Goldbergs auctioned a Proof-65 1856 Flying Eagle cent without a CAC sticker for $22,200.
    7. On February 24, Heritage auctioned a CAC-approved, AU-55 1806 ‘Pointed 6’ $5 gold coin for $18,600. On May 27, 2021, Legend auctioned an AU-55 1806 ‘Pointed 6’ $5 gold coin without a CAC sticker for $8,812.50, less than half as much. Both coins were struck from the same pair of this.
    8. On February 24, Heritage auctioned a CAC-approved AU-55 1800 $10 gold coin for $30,000. On April 24, 2021, Heritage auctioned an AU-55 1800 $10 gold coin without a CAC sticker for $20,400. Both coins were struck from the same pair of this. While market levels for these increased between April 24 and February 24, the increase was certainly not greater than 20%.
    9. On February 25, Heritage auctioned a CAC-approved MS-65 grade 1915 $2.5 gold coin for $10,800. On August 20, 2021, Heritage auctioned two MS-65 1915 $2.5 gold coins, neither of which had a CAC sticker, for $5,280 each. A moderate increase in market levels for high-grade Indian Head $2.5 gold coins would not account for a CAC-approved coin realizing more than twice as much as a non-CAC MS-65 1915 $2.5 coin.
    10. On February 27, GreatCollections sold a CAC-approved MS-65 grade 1916-S Walking Liberty half dollar for $11,273.90. On January 9, GreatCollections sold an MS-65 1916-S Walker without a CAC sticker for $7,736.62.

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