@CaptHenway said:
Let’s look at this from a different angle.
What percentage of all Americans are coin collectors of some sort?
What percentage of collectors could recognize a raw circulated Cheerios dollar if they got it in change at Starbucks?
We are a small circle of people who care. The vast majority of the world doesn’t.
Indeed, and the odds are pretty slim with over 5,000 missing and 767,140,000 total mintage on the 2000-P dollar, or about .000652% (1 in 153,428 normal dollars) -- tough to find the needles in the haystack once they were spent, which was very likely the fate of most.
@lsica said:
How common was it to find "new" 1955 Doubled Dies after 1980? New 1972 DDs after around the year 2000?
It just seems to me that we'd have found most/large percentage of what's out there already. With around 300-400 total certified, it just seems unlikely that's there's as many as 5000 - 90% of the total - still out there. Probably still some - maybe even most, just not near that many.
There were two shipments of new dollars to General Mills. I still contend (speculate ) that initially 500 were sent …. Then 5000. But that’s just my theory based on how many non prototype coins have been found in the blister packs.
I think that collectors and roll searchers have barely scratched the surface of the Sacagaweas that are in bank or fed vaults.
The Cheerios dollars provided bragging rights for the lucky few who found them, but only until the millions of additional dollars coins hit the banks. Then they were probably just spent.
@TwoSides2aCoin said:
There were two shipments of new dollars to General Mills. I still contend (speculate ) that initially 500 were sent …. Then 5000. But that’s just my theory based on how many non prototype coins have been found in the blister packs.
Well, there are no facts in the matter, but remember that to a huge minting operation like the United States Mint an order of 5,500 of anything is piddling, so I can’t see why it would have had to have been done in two parts.
That is not to say that there was not a second delivery made of non-pattern coins for some unknown reason. I have hypothesized that this was because there were problems with SOME of the 5,500 coins in the first delivery, possibly spotting, but no one knows for sure.
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
@davewesen said:
Would a Cheerio's dollar with wear making it lower than AU still be identifiable?
There might be some but I don't recall ever seeing any below mint state.
Here are two circulated Cheerios Dollars that I handled and even signed the slabs for, though Stack Bowers apparently thought it best to remove my signature from the slabs.
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
@davewesen said:
Would a Cheerio's dollar with wear making it lower than AU still be identifiable?
There might be some but I don't recall ever seeing any below mint state.
Here are two circulated Cheerios Dollars that I handled and even signed the slabs for, though Stack Bowers apparently thought it best to remove my signature from the slabs.
Comments
Indeed, and the odds are pretty slim with over 5,000 missing and 767,140,000 total mintage on the 2000-P dollar, or about .000652% (1 in 153,428 normal dollars) -- tough to find the needles in the haystack once they were spent, which was very likely the fate of most.
How common was it to find "new" 1955 Doubled Dies after 1980? New 1972 DDs after around the year 2000?
It just seems to me that we'd have found most/large percentage of what's out there already. With around 300-400 total certified, it just seems unlikely that's there's as many as 5000 - 90% of the total - still out there. Probably still some - maybe even most, just not near that many.
There were two shipments of new dollars to General Mills. I still contend (speculate ) that initially 500 were sent …. Then 5000. But that’s just my theory based on how many non prototype coins have been found in the blister packs.
``https://ebay.us/m/KxolR5
I think that collectors and roll searchers have barely scratched the surface of the Sacagaweas that are in bank or fed vaults.
The Cheerios dollars provided bragging rights for the lucky few who found them, but only until the millions of additional dollars coins hit the banks. Then they were probably just spent.
Well, there are no facts in the matter, but remember that to a huge minting operation like the United States Mint an order of 5,500 of anything is piddling, so I can’t see why it would have had to have been done in two parts.
That is not to say that there was not a second delivery made of non-pattern coins for some unknown reason. I have hypothesized that this was because there were problems with SOME of the 5,500 coins in the first delivery, possibly spotting, but no one knows for sure.
Would a Cheerio's dollar with wear making it lower than AU still be identifiable?
Most definitely.
There might be some but I don't recall ever seeing any below mint state.
There's an AU55 posted earlier in this thread.
I knew that! 😵💫 🤷♂️... 👍 👍
Here are two circulated Cheerios Dollars that I handled and even signed the slabs for, though Stack Bowers apparently thought it best to remove my signature from the slabs.
https://forums.collectors.com/discussion/1119114/are-autographed-slabs-a-plus-or-a-minus-2000-p-cheerios-dollars#latest
Yep, imagine the 55 and 58 were pulled from circulation somewhere. Thanks!