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less than 5000 Cheerios Dollar minted? - really only minted that many from the one die pair?

MsMorrisineMsMorrisine Posts: 35,844 ✭✭✭✭✭
edited July 12, 2025 9:58PM in U.S. Coin Forum

i just find it hard to believe the mint made a die and then only used it on ~5,000-fewer coins

the mint has this nasty habit of seizing and melting unauthorized issues. did they know what they were doing and the destroyed the "cheerios" die so it wouldn't be used anymore? then, @CaptHenway posits, inventory got stale and they made more without the special die. Is that it?

Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

Comments

  • SilvanoSilvano Posts: 28 ✭✭

    This is why i always wondered if any of the cheerios dollars might have shown up in the first day cover sets. But capt stated that he had not come across any.

  • OAKSTAROAKSTAR Posts: 8,155 ✭✭✭✭✭

    I think it was 5500.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

  • TrickleChargeTrickleCharge Posts: 279 ✭✭✭

    It also interesting that some of the Cheerios dollars were struck from regular issues dies that do not have the prototype reverse.

  • MsMorrisineMsMorrisine Posts: 35,844 ✭✭✭✭✭

    @CaptHenway said:
    Why reuse them?

    cost savings? they used unfinished proof dies in that time period

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • CaptHenwayCaptHenway Posts: 32,729 ✭✭✭✭✭

    Thinking about it a lot further, I suppose it is possible that the prototype dollar die pair that struck the dollar coins used in the Cheerios promotion may have struck many more than the (presumed) 5,500 coins sent to General Mills plus the unknown number of coins taken to Chicago for the vending machine industry press conference, IF (and this is a mighty big IF) the dies were originally used in a mass striking run to see how well the prototype design both struck up and lasted.

    Look at Roger Burdette's "Renaissance in American Coinage 1916-1921" book, and the Whitman Peace Dollar book, for stories about how the various 1922 prototype dollar dies were given significant striking runs to test them for striking characteristics and die life. Something similar may have been done with the prototype Sacagawea dies. Unfortunately, the Mint is useless as a source of information these days.

    It has sometimes bothered me that my die marker below the date shows different die states, with first less and gradually more extra metal showing. There should not have been that much die erosion on a mere 5,500+ strikes, unless the die was improperly hardened or the cause of the die erosion (a feed finger maybe?) was particularly aggressive.

    What if the die pair struck 50,000 or 100,000 or whatever coins in a test run, and the Cheerios coins and the Chicago press conference coins were pulled from that bin before the remainder were (presumably?) melted. I don't know. The idea just popped into my head 15 minutes ago and I need to think about it more.

    TD

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • TrickleChargeTrickleCharge Posts: 279 ✭✭✭

    @CaptHenway said:
    Thinking about it a lot further, I suppose it is possible that the prototype dollar die pair that struck the dollar coins used in the Cheerios promotion may have struck many more than the (presumed) 5,500 coins sent to General Mills plus the unknown number of coins taken to Chicago for the vending machine industry press conference, IF (and this is a mighty big IF) the dies were originally used in a mass striking run to see how well the prototype design both struck up and lasted.

    Look at Roger Burdette's "Renaissance in American Coinage 1916-1921" book, and the Whitman Peace Dollar book, for stories about how the various 1922 prototype dollar dies were given significant striking runs to test them for striking characteristics and die life. Something similar may have been done with the prototype Sacagawea dies. Unfortunately, the Mint is useless as a source of information these days.

    It has sometimes bothered me that my die marker below the date shows different die states, with first less and gradually more extra metal showing. There should not have been that much die erosion on a mere 5,500+ strikes, unless the die was improperly hardened or the cause of the die erosion (a feed finger maybe?) was particularly aggressive.

    What if the die pair struck 50,000 or 100,000 or whatever coins in a test run, and the Cheerios coins and the Chicago press conference coins were pulled from that bin before the remainder were (presumably?) melted. I don't know. The idea just popped into my head 15 minutes ago and I need to think about it more.

    TD

    I like that idea. Does the mint have accessible records of the number of melted 2000 P dollars and dates of melting? That could help shed some light if such a document could be obtained.

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