Cheerios Sacagawea Dollar... In case you were wondering what these are worth these days... here you

joefro · July 28, 2005 11:01AM

Current eBay auction

I'm impressed. Still almost 6 days left too! (A lot of folks must have it on their favorite searches) And the wildest part is... Reserve Not Met!

Anyone wanna guess how much the final price will be? $4000?

dthigpen · July 28, 2005 11:01AM

The reserve is set at $6k, go at it.

joefro · July 28, 2005 11:07AM

<< Method of Manufacture: Philadelphia >>

numonebuyer · July 28, 2005 11:13AM

You have got to be kidding me?

pf70collector · July 28, 2005 11:22AM

wow .

ROBERTB · July 28, 2005 11:23AM

Now that's just dopey.

Bochiman · July 28, 2005 11:25AM

Come on now....where are all the ones who just want to shout, "It's a modern piece of crap not worth more than $1".

Come on now...I know many of you want to do it...you've done it in other threads....come on now

eyore · July 28, 2005 11:34AM

still makes me wonder if my cheerios penny got more value than 1 cent. any one here beside me get one out of their cerial box?

Bear · July 28, 2005 11:36AM

At that money, do you get the box of cereal with the coin?

Its the least I would expect.

tjkillian · July 28, 2005 11:37AM

It is not because it is a Cherrios' dollar, rather all the Cherrios' dollars are a type of pattern first discovered by our own Braddick? Now that they have been discovered, that is the reason they are so high?

Tom

Bear · July 28, 2005 11:38AM

So are you saying that It doesnt come with a box of cereal?

21Walker · July 28, 2005 11:46AM

Holy Crappola, This sems to be rediculous.....However, think about the 55 wheaties , how about the packs of chokes (cigerettes of 1955 DDO ring any bells)???? I do believe it is too so for this crazy price, but watch.....Rick

Lakesammman · July 28, 2005 12:11PM

ebay banned at work - what's it up to??

joefro · July 28, 2005 12:13PM

The reason I think this particular one is going for so much is because it's a pattern and still in the original packaging. Most of them were probably pulled out of the boxes by kids and spent. I would guess 95%+ are in circulation! I would guess there are a very very small number actually still in the packaging and they are all owned by people on this forum

Editted to add: dthigpen... is this your coin?

and

Lakes: going on $2,700

Gandyjai · July 28, 2005 12:39PM

NEAT being in the original package!

Probably VERY FEW of those left...I agree with Joefro!
Most are probably in circulation.

Seller just changed ID's.....Are you sure this isn't YOUR coin Joefro?

Happy Collecting!
Gandy

xbob · July 28, 2005 12:44PM

The only problem with it being in the original package is that you can't see the tail feathers that make it a variety.

I'm guessing there's a good chance this will end up in a slab after the sale.

dthigpen · July 28, 2005 12:58PM

<< The reason I think this particular one is going for so much is because it's a pattern and still in the original packaging. Most of them were probably pulled out of the boxes by kids and spent. I would guess 95%+ are in circulation! I would guess there are a very very small number actually still in the packaging and they are all owned by people on this forum

Editted to add: dthigpen... is this your coin?

and

Lakes: going on $2,700 >>

Nope, but I do have a few in original wrapping in my collection that I got back when they were trading for $20-$50 or so

. And no, I won't sell any of them.

FullStrike · July 28, 2005 1:17PM

<< You have got to be kidding me?

[Now that's just dopey.

Come on now....where are all the ones who just want to shout, "It's a modern piece of crap not worth more than $1".
/Q]

I'll second all those statements.

but it does make me feel better about buying about 20 boxes of Cheerios.

...too bad all I found was pennies

joefro · July 28, 2005 2:23PM

<< 
Seller just changed ID's.....Are you sure this isn't YOUR coin Joefro?

Gandy >>

I wish!! I've only been collecting for a couple of months and this coin is worth more than my entire collection, probably twice over!

Xbob: I agree with you, but that makes me wonder... do you think the winner could ever try to stick a normal 2000 Sac back in the wrapping and carefully seal it back up? The person could always claim some crap like "Well maybe a few of these packages ended up without the pattern but I wouldn't know since I never opened it." What could one do? Is there conclusive 110% proof that ALL of the Cheerios Sacs have the pattern?? I have no idea.

cladking · July 28, 2005 2:26PM

<< 

<< 
Seller just changed ID's.....Are you sure this isn't YOUR coin Joefro?

Gandy >>

I wish!! I've only been collecting for a couple of months and this coin is worth more than my entire collection, probably twice over!

Xbob: I agree with you, but that makes me wonder... do you think the winner could ever try to stick a normal 2000 Sac back in the wrapping and carefully seal it back up? The person could always claim some crap like "Well maybe a few of these packages ended up without the pattern but I wouldn't know since I never opened it." What could one do? Is there conclusive 110% proof that ALL of the Cheerios Sacs have the pattern?? I have no idea. >>

It's a virtual certainty.

These were made weeks before the design was finalized and put into production.

If any contained the later type it would imply that the whole thing was intentional and botched.

ROBERTB · July 28, 2005 2:33PM

I wonder how many people just opened theirs and spent the thing???

Baley · July 28, 2005 3:00PM

Come on now....where are all the ones who just want to shout, "It's a modern piece of crap not worth more than $1".

No one can accurately say THAT! With the penny in the package, it's worth $1.01.

cladking · July 28, 2005 3:07PM

<< Come on now....where are all the ones who just want to shout, "It's a modern piece of crap not worth more than $1".
>>

Most of those who do want to say it are just jealous that they can't get a coin for their collection
free in a box of cheerios or out of circulation for face value.

Baley · July 28, 2005 3:13PM

the eventual winner of that auction is not getting it out of a cereal box or in his change from the post office machine... they're paying a LOT of money for that item, I sure hope they enjoy owning it!

And yes, I am very jealous of the seller, I sure wish i had eaten more cheerios in 2000...

cladking · July 28, 2005 3:24PM

<< the eventual winner of that auction is not getting it out of a cereal box or in his change from the post office machine... they're paying a LOT of money for that item, I sure hope they enjoy owning it!

And yes, I am very jealous of the seller, I sure wish i had eaten more cheerios in 2000... >>

I never cared for Cheerios.

cladking · July 28, 2005 3:25PM

...Maybe if they were die pressed...

pf70collector · July 28, 2005 6:36PM

Isn't that amount what you pay if it were certified by PCGS as a pattern. I wouldn't buy it raw. There are probably a lot of classic patterns that can be bought for that amount of money.

Hiwater · July 28, 2005 7:14PM

I have to agree, that is alot of money for that coin. I would not say that its a piece of crap but surely not worth what the bid is up to.

THEONLYTBONE · July 28, 2005 9:30PM

Was this coin put out on the streets?...............and how many!.............I remember when they came out, my boss had some so I bought them all..............Funny thing is I found them last night when gathering up coins to put into 1 location..I belive its down to 8- 2000 p's...............and I can honestly say the prices in the red book are way off to true value...................

UncleJoe · July 28, 2005 9:34PM

Tulip bulbs just popped into my mind.

Joe.

ellewood · July 28, 2005 9:50PM

A new board member "LincolnSense" has been throwing multiple (and I mean MULTIPLE) posts up on the Registry Set board and the BST board for the past week or so.....and has been offering $600.00 or more for these sets......

kranky · July 28, 2005 10:00PM

<< Was this coin put out on the streets?...............and how many!.............I remember when they came out, my boss had some so I bought them all..............Funny thing is I found them last night when gathering up coins to put into 1 location..I belive its down to 8- 2000 p's...............and I can honestly say the prices in the red book are way off to true value................... >>

Tbone, it's recently been discovered that the Sacs in the Cheerios packages have a slightly different reverse die than all the others. There were only a few thousand distributed in the Cheerios promotion. That's why the prices for the Cheerios versions are going crazy.

PerryHall · July 28, 2005 10:02PM

<< Tulip bulbs just popped into my mind.

Joe. >>

DNADave · July 28, 2005 10:04PM

That makes me sick. I wanted to by one or two of these a few years ago but just never did it.

ddink · July 28, 2005 11:38PM

I never was fond of Dutch tulips...

larrynj · July 28, 2005 11:55PM

how will pcgs fit that big cereal box in a slab?

Smittys · July 28, 2005 11:59PM

It's a variety not a pattern, don't know were NGC can call it a pattern.

cladking · July 29, 2005 12:30AM

<< It's a variety not a pattern, don't know were NGC can call it a pattern. >>

There's some sense to this since they were made early before the design was finalized.
It might be thought of as a "type" also, but this wouldn't account for the fact that it was
inadvertant.

A million Sac collectors and perhaps 3,000 coin available. Hmmmmm. Perhaps if you plant
enough of these bulbs some will grow.

Baley · July 29, 2005 12:56AM

3000 huh? Wow, so is that an R8 then? How about an R6 or R4? Nope, still too many. R2 even? nooooo..

INXS · July 29, 2005 1:07AM

<< A new board member "LincolnSense" has been throwing multiple (and I mean MULTIPLE) posts up on the Registry Set board and the BST board for the past week or so.....and has been offering $600.00 or more for these sets......

>>

That was very generous of him, I hope no one took him up on his $600 offer.

cladking · July 29, 2005 1:11AM

<< 3000 huh? Wow, so is that an R8 then? How about an R6 or R4? Nope, still too many. R2 even? nooooo.. >>

This is hardly a rare coin unless it's compared against the demand and potential demand. While
it's entirely possible that there may be a speculative component to the price, the fact remains that
the supply is already dwarfed by the number of people who would want to own it.

But modern coins get the same response when they are legitimately rare also; many people will
talk about tulip bulbs and mass hysteria. In fact, they scream it from the bandwagons.

joefro · July 29, 2005 1:17AM

<< A new board member "LincolnSense" has been throwing multiple (and I mean MULTIPLE) posts up on the Registry Set board and the BST board for the past week or so.....and has been offering $600.00 or more for these sets......

>>

I've seen a couple different threads like this or people just asking how much they are worth these days in general. In LincolnSense's posts some people on these boards WERE talking about selling them for under $1000. Thats why I had to post this auction when I saw it. A cheerios dollar hasnt popped up on eBay in a little while, at least that I've seen.

Baley: Yes but I would guess there are only a couple hundred (at most) in uncirculated condition! Thats pretty rare. Now everone just has to remember to check their 2000-P Sacs like they do their 2004-D Wisconsins cause there are a lot of these Sacs out there floating around....

Russ · July 29, 2005 1:50AM

It occurs to me that it would be damned easy for somebody with the right equipment to counterfeit the packaging, and at these price levels there's plenty of incentive to do so.

Russ, NCNE

dthigpen · July 29, 2005 1:55AM

<< It occurs to me that it would be damned easy for somebody with the right equipment to counterfeit the packaging, and at these price levels there's plenty of incentive to do so.

Russ, NCNE >>

Very easy. The right card stock, perf cutters, print back side, print front, cut heat press template, position Sac and Cent on stock, place sealing plastic over, apply pressure to heat press and WALA.

aficionado · July 29, 2005 3:08AM

From CoinWorld.com

"The 5,500 coins were struck with a reverse die produced from a different hub than that used for the regular issue Sacagawea dollars. The same die or another die produced from the same hub for the 5,500 dollar coins was also the version used for striking the reverse for the dozen Proof 2000-W Sacagawea 22-karat gold dollars that were placed aboard the space shuttle Columbia during its July 23, 1999, space mission. "

DieVarieties · July 29, 2005 4:30AM

<< The reserve is set at $6k, go at it. >>

OMG -- $6k. Heck -- I just checked and it's over $3k bidding so far. Geez -- I would have sold that sucker at $3k in a heartbeat.

joefro · July 29, 2005 4:36AM

<< It occurs to me that it would be damned easy for somebody with the right equipment to counterfeit the packaging, and at these price levels there's plenty of incentive to do so.

Russ, NCNE >>

Kind of what I was saying. Someone might buy one like this, carefully open it and go slab the coin, take a nice looking 2000-P Sac, slide it in... seal 'er up and BAM! What's even scarier is that if the scammer then sells it and someone else who opens it and tries to slab it and finds out it's a normal Sac, the scammer could claim that's exactly how he/she got it from the original legitimate seller!

Editted: Then again, the scammer would then have obvious record of slabbing a Cheerios Sac so maybe the scammer would have to hold on to it for a while.

kranky · July 29, 2005 4:45AM

<< 

<< It occurs to me that it would be damned easy for somebody with the right equipment to counterfeit the packaging, and at these price levels there's plenty of incentive to do so.

Russ, NCNE >>

Kind of what I was saying. Someone might buy one like this, carefully open it and go slab the coin, take a nice looking 2000-P Sac, slide it in... seal 'er up and BAM! What's even scarier is that if the scammer then sells it and someone else who opens it and tries to slab it and finds out it's a normal Sac, the scammer could claim that's exactly how he/she got it from the original legitimate seller!

Editted: Then again, the scammer would then have obvious record of slabbing a Cheerios Sac so maybe the scammer would have to hold on to it for a while. >>

And in that case the unfortunate buyer would have no recourse, since how could anyone prove the coin had been switched? The seller would claim he sold a Sac dollar in the Cheerios holder, and that's what was delivered. If someone wants to pay upwards of a grand for it assuming it's one of the rare varieties, caveat emptor.

DieVarieties · July 29, 2005 4:56AM

<< 

<< 

<< It occurs to me that it would be damned easy for somebody with the right equipment to counterfeit the packaging, and at these price levels there's plenty of incentive to do so.

Russ, NCNE >>

Kind of what I was saying. Someone might buy one like this, carefully open it and go slab the coin, take a nice looking 2000-P Sac, slide it in... seal 'er up and BAM! What's even scarier is that if the scammer then sells it and someone else who opens it and tries to slab it and finds out it's a normal Sac, the scammer could claim that's exactly how he/she got it from the original legitimate seller!

Editted: Then again, the scammer would then have obvious record of slabbing a Cheerios Sac so maybe the scammer would have to hold on to it for a while. >>

And in that case the unfortunate buyer would have no recourse, since how could anyone prove the coin had been switched? The seller would claim he sold a Sac dollar in the Cheerios holder, and that's what was delivered. If someone wants to pay upwards of a grand for it assuming it's one of the rare varieties, caveat emptor. >>

You are both, unfortunately, correct. I can see this happening -- if not happened already. It's a shame -- but it's coming. The "caveat emptor" and arming yourself with knowledge is always true.

ms70 · July 29, 2005 5:03AM

<< 

<< Come on now....where are all the ones who just want to shout, "It's a modern piece of crap not worth more than $1".
>>

Most of those who do want to say it are just jealous that they can't get a coin for their collection
free in a box of cheerios or out of circulation for face value. >>

And yes, I'm jealous that I can't get a coin for my collection out of a 200 year old box of Cheerios.

NumisOxide · July 29, 2005 5:12AM

<< Kind of what I was saying. Someone might buy one like this, carefully open it and go slab the coin, take a nice looking 2000-P Sac, slide it in... seal 'er up and BAM! What's even scarier is that if the scammer then sells it and someone else who opens it and tries to slab it and finds out it's a normal Sac, the scammer could claim that's exactly how he/she got it from the original legitimate seller! >>

I agree, but does the grading services requiere the coin to be sent in its original packaging? If they did, I don't think they would return the original packaging. A scammer could not do that then.

edited: Spelling.

Cheerios Sacagawea Dollar... In case you were wondering what these are worth these days... here you

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