The following post is pulled from Coin World editor Steve
Roach’s Market Analysis column in the Aug. 18 issue.
If green Certified Acceptance Corp. stickers indicate that a
certified coin is nice for the grade, what does a gold CAC sticker
mean? Last year CAC founder John Albanese described the coveted gold
sticker as identifying a coin that could easily receive a green CAC
sticker at the next highest grade level.
Only around 2
percent of the coins that CAC has examined have received a CAC gold
sticker, and they’re valued by collectors.
Here is one
of three examples, sold at recent auctions, that teach different
lessons about valuing CAC gold-stickered coins:
coin: 1911 Liberty Head 5-cent piece, Proof 65 Cameo, CAC
The price: $2,702.50
story: Nice Proof Liberty Head 5-cent pieces aren’t especially
hard to come by. Each major auction will likely have several, if not
dozens, to select from. Finding ones with cameo contrast is more of a
challenge, as is finding an example without carbon spotting.
The Proof 1911 “V Nickel” is not a rare issue, having a mintage
of 1,733 pieces. An average Proof 65 example might sell at the $425 to
$450 level at auction.
Add cameo contrast between the
fields and devices, and the issue becomes much scarcer, with examples
trading at the $700 level in Proof 65 Cameo. A Professional Coin
Grading Service Proof 66 Cameo example sold for $1,046 at a recent
The $2,702.50 that a PCGS
Proof 65 Cameo 1911 Liberty Head 5-cent piece with a gold CAC sticker
brought at Legend Auctions’ July 17 auction puts it right between what
recent Proof 66 Cameo and Proof 67 Cameo pieces have sold for
The catalog noted the coin’s tremendous eye
appeal as a result of beautiful toning, stating, “Icy mirrors are
deep, clear, clean, and have bold reflectivity, while gorgeous pastels
swirl all over."
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