1876 CC Twenty Cent PCGS MS64 CAC sold for $456,000 at the Heritage Auctions Long Beach Expo U.S. Coins Signature Sale in Long Beach, California, September 5-8, 2019
CAC approved coins
outperformed other certified coins in the official auction at the Long Beach
Expo in Los Angeles County, and in various public Internet sales during the
month of September. Here are ten examples, which were selected from a large
number of results that could have been listed.
1. In the official auction
of the Long Beach Expo during early September, Heritage sold a CAC approved
MS-64 grade 1876-CC Twenty Cent Piece for $456,000. In August, Stack’s-Bowers
auctioned a PCGS graded MS-65 1876-CC Twenty Cent Piece without a CAC sticker
for this same amount, $456,000. A CAC approved MS-64 grade, famous rarity thus brought the same amount as a non-CAC
PCGS graded MS-65 grade 1876-CC
Twenty Cent Piece that was struck from the same pair of dies at a U.S. Mint in
Carson City, Nevada.
2. On September 5 at the
Long Beach Expo, Heritage auctioned a CAC approved MS-66 grade 1916-D Mercury
dime with a Full Bands (FB) designation for $66,000. Heritage auctioned PCGS
certified MS-66 Full Bands 1916-D dimes without stickers of approval from CAC
for $36,000 at a CSNS Convention in April and for $45,600 at the FUN Convention
in January 2019.
3. On September 5,
Heritage auctioned a CAC approved MS-65 grade 1880-O Morgan silver dollar for
$21,600. These are not often auctioned. Back in July 2018, Heritage sold a PCGS
graded MS-65 1880-O Morgan without a CAC sticker for $12,000, and the firm of
David Lawrence sold a different PCGS graded MS-65 1880-O Morgan without a CAC
sticker for $14,000.
Sept. 5, Heritage auctioned a NGC graded MS-63 1907 High Relief $20 gold coin
with a CAC sticker for $21,600, and a PCGS graded MS-63 1907 High Relief $20
gold coin with a CAC sticker for $20,400. In July 2019, Heritage auctioned a
different PCGS graded MS-63 1907 High Relief $20 gold coin with a CAC sticker
for $22,200. The prices realized for these three CAC approved coins should be
compared to prices realized for two PCGS graded MS-63 1907 High Relief $20 gold
coins without CAC stickers, $18,000 at a Heritage auction in April, and $16,800
in the official auction at the Long Beach Expo in June 2019. All five High
Relief Saints that were just mentioned are of the ‘Wire Edge’ variety, which is often referred to as a
5. On Sept. 5, Heritage
auctioned a NGC graded MS-65 1924-D Standing Liberty quarter with a Full Head
(FH) designation and a CAC sticker for $8700. In August 2019, at an ANA
Convention, Heritage auctioned a PCGS certified MS-65 ‘Full Head’ (FH) 1924-D without
a CAC sticker for $2880.
6. On September 5,
Heritage auctioned a CAC approved MS-68 grade 1882-S Morgan silver dollar for
$6900. In January 2019, in the FUN Convention auction, Heritage sold two PCGS
graded MS-68 1882-S Morgans, neither of which had a CAC sticker. Each of these
non-CAC 1882-S Morgans realized $4560. Back in October 2018, Stack’s-Bowers
auctioned a PCGS graded MS-68 1882-S Morgan dollar without a CAC sticker, for
7. On Sept. 5, Heritage
auctioned a CAC approved MS-66 1926 $20 gold coin for $6600 at a Long Beach
Expo. The next day, on Sept. 6, Heritage sold a PCGS graded MS-66 1926 $20 gold
coin without a CAC sticker for $3600, 45% less!
8. On Sept. 22, the firm
of GreatCollections sold a CAC approved MS-66 grade 1916 Mercury dime with a
Full Bands (FB) designation for $596.25. On August 14, 2019, Heritage sold a
PCGS graded MS-66 1916 Mercury dime, also with a Full Bands (FB) designation
but without a CAC sticker for $324. Both coins were in PCGS blue-label holders
from the same era. On February 6, 2019, Heritage sold a different PCGS certified
MS-66 FB 1916 Mercury dime without a CAC sticker for $228.
9. On Sept. 22,
GreatCollections sold a CAC approved XF-45 grade 1875 Twenty Cent Piece for
$489.38. On May 8, 2019, Heritage sold two PCGS graded XF-45 1875 Twenty Cent
Pieces without CAC stickers for $348 and $384, respectively.
10. On Sept. 22,
GreatCollections sold a CAC approved MS-67 grade 1947 Walking Liberty half
dollar for $4520.25. On August 28, Heritage sold two PCGS graded MS-67 1947
Walkers without CAC stickers for $840 and $960, respectively. At the end of April
2019, Heritage sold two other PCGS graded MS-67 1947 Walking Liberty halves,
without CAC stickers for $840 and $2430.
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