CAC Coins: In November 2024, CAC coins captured the spotlight, achieving remarkable premiums across online platforms and live auctions. These coins, certified by the Certified Acceptance Corporation (CAC), represent a gold standard in numismatics, offering buyers assurance of quality and authenticity. Collectors and investors alike have recognized the premium value of CAC-approved coins, propelling their demand in the market.
This article explores the standout performance of CAC coins in November, comparing their prices to non-CAC counterparts. Through notable examples, we will highlight why CAC approval plays a pivotal role in driving higher premiums, ensuring a bright future for CAC-certified collectibles.
Overview of Key CAC Coin Sales
To provide a snapshot of the market’s movement in November 2024, here’s a table showcasing some of the most significant CAC coin sales alongside their non-CAC counterparts.
Coin | Grade | CAC Sale Price | Non-CAC Sale Price | Auction Platform |
1883 Liberty Seated Dime | MS64 | $550 | $337.70 | DLRC |
1936 Delaware Commemorative Half Dollar | MS65 | $322.66 | $228 | GreatCollections |
1867 Liberty Seated Half Dollar | Proof 66C | $9,000 | $5,520 | Stack’s Bowers |
1795 Flowing Hair Dollar | XF45 | $24,000 | $12,600 | Stack’s Bowers |
1889-CC Morgan Dollar | MS64 | $264,000 | $138,000 | Stack’s Bowers |
1861-D Gold Dollar | AU58 | $102,000 | $84,000 | Stack’s Bowers |
1891 Indian Head Cent | Proof 65 | $6,600 | $1,920 | Heritage |
1913-S Buffalo Nickel | MS66 | $7,200 | $3,989.22 | Heritage |
1932-S Washington Quarter | MS65 | $4,080 | $1,920 | Heritage |
1858 Large Letters Flying Eagle Cent | MS66 | $15,600 | $6,600 | Heritage |
Why CAC Coins Continue to Outshine Their Peers
CAC coins are more than just graded pieces of history—they’re a mark of excellence. CAC approval assures collectors that a coin meets strict quality standards, often exceeding what the original grading company certified. This endorsement instills confidence among buyers, resulting in higher premiums.
Take the 1932-S Washington Quarter as an example. A CAC-approved MS65 coin sold for $4,080, compared to $1,920 for a non-CAC equivalent. This stark difference illustrates the value collectors place on the CAC seal.
The Role of CACG Encapsulation in Value Creation
CACG encapsulation, which combines traditional coin grading with state-of-the-art tamper-proof technology, further bolsters the appeal of CAC-approved coins. For instance, a 1936 Delaware Commemorative Half Dollar in MS65 with CACG encapsulation sold for $322.66, compared to $228 for its non-CAC equivalent.
This added layer of certification ensures authenticity, making CACG-encapsulated coins highly desirable in both collector and investment circles.
November 2024 Highlights: Remarkable Sales
1. 1889-CC Morgan Dollar Sets the Bar High
The 1889-CC Morgan Dollar, known for its rarity and stunning design, shattered expectations in November 2024. A CAC-approved MS64 specimen sold for an impressive $264,000. Meanwhile, a non-CAC version in the same grade sold for $138,000. This 91% premium highlights the extraordinary trust collectors place in CAC certification.
2. 1795 Flowing Hair Dollar Doubles in Value
Another standout was the 1795 Flowing Hair Dollar, graded XF45. With CAC approval, it brought in $24,000, compared to $12,600 for a non-CAC version. The coin’s historical significance, coupled with the CAC sticker, made it a prized addition to any collection.
Why Collectors Favor CAC Coins
1. Assurance of Quality
CAC coins undergo rigorous inspection, ensuring they meet or exceed their assigned grade. This added scrutiny makes these coins a benchmark for quality.
2. Higher Resale Potential
As seen in November’s auctions, CAC coins often bring significantly higher prices, offering long-term value for collectors and investors alike.
3. Greater Marketability
Coins with CAC certification are easier to sell, as the sticker acts as a trusted symbol of quality and authenticity.
Spotlight on Two Exceptional Coins
1. 1867 Liberty Seated Half Dollar (Proof 66 Cameo)
This coin, certified as Proof 66 Cameo, sold for $9,000 at Stack’s Bowers. By comparison, a non-CAC version sold for $5,520 earlier in the year. The $3,480 premium underscores how CAC approval enhances perceived value.
2. 1858 Large Letters Flying Eagle Cent
In MS66 condition, a CAC-approved Flying Eagle Cent fetched $15,600 at auction. Non-CAC examples ranged from $6,600 to $12,000, showing that the CAC sticker can elevate even high-quality coins to a new level of desirability.
Frequently Asked Questions
What are CAC coins?
CAC coins are coins certified by the Certified Acceptance Corporation for meeting stringent grading and quality standards.
Why do CAC coins sell for more?
CAC coins command higher premiums because they are trusted for their superior grading accuracy and overall quality.
What is the difference between CAC and CACG?
CAC certifies coins with a sticker, while CACG combines grading with encapsulation in a tamper-proof holder for enhanced security and appeal.
Where can I find CAC coins for sale?
CAC coins are available at major auctions like Stack’s Bowers and Heritage, as well as through reputable dealers.
Final Thoughts
The impressive performance of CAC coins in November 2024 highlights their growing importance in the numismatic world. Collectors and investors value CAC certification as a hallmark of quality, driving significant premiums at auctions.
If you’re looking to enhance your collection or investment portfolio, now is the time to consider CAC-certified coins. Share your thoughts and experiences in the comments below, and stay tuned for more insights into the world of rare and collectible coins!