Cheerios Sacagawea, Grade it or keep it original?

Kaelasdad

Any suggestions? 6 of 1 half dozen of the other? New member, long time lurker, have read a lot of great opinions and am ready to listen to some as well. Thanks in advance

Coin Finder

Keep it original. It will become more interesting with time in the original packaging..

Tbig

Bochiman

Agree....keep it original, in a safe place with a controlled environment so it doesn't turn.

garsmith

Keep it original

If you do get it slabbed make sure the grading service will designate it as a cheerios SAC and ask them to send back the packaging with the slabbed coin.

Kaelasdad

So far it looks great, no spots, blemishes, but a safe environment? Theres the rub...Whats safe? sock drawer is nice and dry, glad I live in a somewhat dry locale (Southern Cal). The NGC pedigree slab is available, then I think its safer from environmental issues, but I am a huge fan of original as well. As the current caretaker of what I consider a very rare coin, I dont want to make a mistake and allow it to "turn". Arrgh

Smitty79

If it were me, I'd keep it original simply because many more of these will be slabbed if they haven't already. Making the originally packaged one even more of a hot commodity. As for safe storage, I have no clue, but I'm sure someone here will chime in.

Coin Finder

Hey "Dad" welcome to the boards by the way. A lot of good folks around here, and some well,.... you know. Anyway, moisture is an enemy of most coins. The plastic wrap around the Cherrios Dollars could contain and I say .."could" chemicals that over time, 10 years or more, might damage the coin. Just keep your eye on it, keep it dry and you should be fine.

Tbig

Dabigkahuna

I've never seen one up close before.

How safe is the packaging that it's in now?




Larry
Dabigkahuna

cullenbryant

If it was me i would have it graded and designated as a cheerios sacagawea, here's why:

Let's say you need to sell it for whatever reason. The original packaging on these has come under
suspision due to some clever artists who take out the variety sac, and reseal a regualr sac in there. Who
really knows the difference, you can't see the reverse.
Having it graded would remove any doubts and increase buyers. IMO

TwoSides2aCoin

I am keeping mine in it's original holder in a cool dry place. Until such time as PCGS will assure me of proper attribution, it will stay there. I'd love to have it in PCGS's holder, if only they would call it what it is. And whether it's a pattern, a variety, an error or oversight... it certainly is not the same as a 2000 P Sacagawea.
Nor is it the same as the burnished Goodacre example. No, as a matter of fact there are only 12 in 24K gold that will match the Cheerios type. (or is the designation a 13 tail vs 12 tailfeather ?) I don't think anyone knows and I don't think it was supposed to be like this.

A cloud of mystery to me
how others see it

MWallace

MAD4MORGANS

Although I'm a proponent for originality (like NGC certifying Carson City Morgans while still holdered inside their GSA slab), I think your best bet would to get it NGC certified like the one pictured above.

At least until PCGS comes on board with certifying them.

For a coin that sells for thousands, certification would seem to me to assure others of its authenticty and grade along with instilling that assurance with a prospective buyer therfore commanding a higher price for these scarce coins IMO.

ChangeInHistory

<< <i>Although I'm a proponent for originality (like NGC certifying Carson City Morgans while still holdered inside their GSA slab), I think your best bet would to get it NGC certified like the one pictured above.

At least until PCGS comes on board with certifying them.

For a coin that sells for thousands, certification would seem to me to assure others of its authenticty and grade along with instilling that assurance with a prospective buyer therfore commanding a higher price for these scarce coins IMO. >>





That and the alloy used does not react with the environment very well. At least a slab will give it some measure of protection and potential buyers won't be nervous about dropping decent $ on a raw coin.

Gemineye

<< <i>Keep it original

If you do get it slabbed make sure the grading service will designate it as a cheerios SAC and ask them to send back the packaging with the slabbed coin. >>



You have no idea what the cardboard might do to accelerate toning !!!!!...............JMO.......................

XpipedreamR

I vote for slab. That's an expensive coin, and you want to keep it from turning if at all possible. The slab will probably be safer. It's an easily designated variety, so you don't need the packaging for provenance.

Russ

<< <i>You have no idea what the cardboard might do to accelerate toning !!!!! >>



What cardboard?

Russ, NCNE

Gemineye

<< <i>

<< <i>You have no idea what the cardboard might do to accelerate toning !!!!! >>



What cardboard?

Russ, NCNE >>


The original packaging holding the cent and Sac Dollar.......................

CarsonCityGold

Spend it, its just a $1.01 !

coincollector1989

Keep it original.

Gemineye

<< <i>Spend it, its just a $1.01 ! >>

xbob

I vote for slabbing. Main reason is that the variety detail (tailfeathers) can only be seen if it is removed from the original package. In a slab you can enjoy viewing it and so could a buyer if you ever plan to sell.

I don't think PCGS attributes these yet but ANACS and NGC does. Ask them to return the original package with it and hold onto it if you want.

Kaelasdad

Thanks to everyone for thier advice. It is appreciated. I looked at the coins last night and while the Sac looks great, the penny is spotting. I would hate to see the plastic or the cardboard have a reaction with the Sac. Maybe even the penny could lead a reaction. I really like the 2 coin NGC set. I know NGC would even pedigree the set if requested, but then who would want to buy the "kaelasdad specimen", LOL

For those that think the package can be fooled with, the plastic is specially made, it would easily show pulling off the cardboard, a slit would also show, and if someone did try they could go in through the back, so make sure any pictures show front and back up close and always have a return policy in place before buying or buy in person--cause this coin is going down in history and going up in price. thanks again.

CaptHenway

I own one slabbed and one in the original package, and prefer the original package just because I'm that kind of collector.
FWIW, the one in the original package is holding its color just fine.
AFWIW, it is possible to prove that one in the original holder is the correct dies. I discovered a die marker on the obverse that can be seen on Mike Wallaces small dollar site.
Tom DeLorey

Lakesammman

Sell it to me!

Russ

<< <i><< You have no idea what the cardboard might do to accelerate toning !!!!! >>

What cardboard?

Russ, NCNE >>

The original packaging holding the cent and Sac Dollar....................... >>



The coin is exposed to cardboard? I thought it was sealed in plastic.

Russ, NCNE

Gemineye

<< <i>

<< <i><< You have no idea what the cardboard might do to accelerate toning !!!!! >>

What cardboard?

Russ, NCNE >>

The original packaging holding the cent and Sac Dollar....................... >>



The coin is exposed to cardboard? I thought it was sealed in plastic.

Russ, NCNE >>


I am mistaken Russ ...I don't own one...........I just viewed the pix again and you might be right there does not seem to be any cardboard touching the coin.I would still recommend a certified holder anyway.............

edited ...added...it states in the Small Dollars the packaging is a plastic sleeve............added........note*****

Gemineye

added note for Russ............

cullenbryant

<< <i>For those that think the package can be fooled with, the plastic is specially made, it would easily show pulling off the cardboard >>



One was recently posted to this board that looked very convincing.
Secondly, cardstock packaging is very easily to completely replicate.

You may be right about the coins appreciation, but IMO for it to realize it's full potential
it would need to be certified and designated.

Kaelasdad

The coin is exposed to cardboard? I thought it was sealed in plastic.

Russ, NCNE >>



I always thought the coins were laid on the cardboard and covered by the plastic topside, but I cant tell if they were sealed in plastic and then affixed to the cardboard--which does make sense. The best one to answer is someone who has popped open a cheerios single penny or has seen the opened 2 coin package. No way I am fooling with mine to see for sure
I took a picture but could not figure out how to post it here, something I need to figure out.

cullenbryant

<< <i>I discovered a die marker on the obverse >>



very cool that you were able to spot that. thanks for posting it.
will be interesting to see if they are all like that.

CaptHenway

The coins are sealed in a rectangle of the same kind of plastic that the Mint makes Mint Sets out of. For this reason I assume that they7 were sealed at the Mint and shipped to General Mills that way. That plastic is then held onto the stiff paper (not cardboard) certificate by a sheet of plastic that completely covers the face of the certificate. In my opinion, it would be very hard to replicate convincingly.
Tom D.



<< <i>The coin is exposed to cardboard? I thought it was sealed in plastic.

Russ, NCNE >>



I always thought the coins were laid on the cardboard and covered by the plastic topside, but I cant tell if they were sealed in plastic and then affixed to the cardboard--which does make sense. The best one to answer is someone who has popped open a cheerios single penny or has seen the opened 2 coin package. No way I am fooling with mine to see for sure
I took a picture but could not figure out how to post it here, something I need to figure out. >>

michael

slab the dollar with the cherrios pedigree on the holder pcgs/ngc