I just picked up this new Cheerios Sac!!

eCoinquest · August 17, 2007 4:09AM

I just picked up this new Cheerios Sac on eBay!! Graded MS68 PL by ANACS.
What do you think.

cheerios Dollar

SpaceMonkey · August 17, 2007 4:10AM

wow... from that picture??? i hope it looks good when you get it.

nice coinage though!

/ed

eCoinquest · August 17, 2007 4:13AM

I was able to enlarge the photos and it looks solid for the grade, though I don't fully agree with the PL part.

braddick · August 17, 2007 4:17AM

I think you're going to be impressed as ANACS is pretty tough on mint state coins being awarded the PL designation.
NGC is a bit loose, but not ANACS.

I bet, in hand, it'll look sweet!

SpaceMonkey · August 17, 2007 4:17AM

well.. when you do get it please take a great pic and post for us to see! would love to see a PL Cheerios!

/ed

MrEureka · August 17, 2007 4:18AM

The day will come when these bring a 50% premium in the original Cheerios packaging.

eCoinquest · August 17, 2007 4:19AM

Thanks. I may cross it to PCGS or NGC.
Does PCGS grade coins as PL (prooflike)???

SpaceMonkey · August 17, 2007 4:20AM

<< but will the 50% be offset by being high graded in a TPG plastic? or would original cell packaging lead a buyer to think that he would be getting a "fresh" coin that maybe he could get into TPG high grade? food for thought >>

i think though a problem could be that there is NO GUARANTEE That the dollar in the cheerios packaging is the Pattern Dollar... it is just assumed that they all are... but maybe some xray scanning from a TPG to determine would be cool!

/ed

ScarsdaleCoin · August 17, 2007 4:20AM

but will the 50% be offset by being high graded in a TPG plastic? or would original cell packaging lead a buyer to think that he would be getting a "fresh" coin that maybe he could get into TPG high grade? food for thought

eCoinquest · August 17, 2007 4:22AM

MrEureka;
I agree that the original packaging Sacs will be worth far more eventually.
I have been searching for one for almost 2 years and have found one! That one was slabbed as a 67 recently.
So it seems they are fast disappearing.

LonerAnger · August 17, 2007 4:25AM

It wouldn't matter. Just having a piece of history from SEVEN years ago would be enough to drive the numismatic nation to creating a "MUST HAVE" for their collection.
I predict that the owners of conventional rarities like the silly 1804 dollars and 1913 nickels will soon be selling them to have a CHEERIOS dollar for their collection.
Beauty, history, rarity, what more could there BE?

eCoinquest · August 17, 2007 4:27AM

Unless someone can find an easier way to identify a fake or regular Sac in the packaging I think many enterprising people will try to pass off a regular sac as a cheerios sac in the near future as it seems that the price just keeps going up.
I can recall when they were realizing about $2000 on ebay!! If only I had picked some up then.

57loaded · August 17, 2007 4:37AM

<< wow... from that picture??? i hope it looks good when you get it.

nice coinage though!

/ed >>

you are just glad it did not sell for $2500

what do you think yours "discovery" would get now????

eCoinquest · August 17, 2007 4:40AM

I think if Spacemonkey crossed it to PCGS and they kept the pedigree it would be worth close to 12K to 13K.

Gemineye · August 17, 2007 4:50AM

A true modern rarity of our time..Enjoy your coin.Coin collecting at it's best.........

SpaceMonkey · August 17, 2007 4:52AM

<< 

<< wow... from that picture??? i hope it looks good when you get it.

nice coinage though!

/ed >>

you are just glad it did not sell for $2500

what do you think yours "discovery" would get now???? >>

you got that right!!!

SpaceMonkey · August 17, 2007 4:54AM

<< I think if Spacemonkey crossed it to PCGS and they kept the pedigree it would be worth close to 12K to 13K.

>>

i have been giving SERIOUS thought to that and just dont know what to do!

enjoy yours eCoinquest... i hope it looks great!

/ed

kiyote · August 17, 2007 5:03AM

<< but will the 50% be offset by being high graded in a TPG plastic? or would original cell packaging lead a buyer to think that he would be getting a "fresh" coin that maybe he could get into TPG high grade? food for thought >>

Counterfieting a Cheerios package wouldn't take much ingenuity... I'd go for TPG.

BigDaddyz · August 17, 2007 5:24AM

I have a sealed original cheerios box.
I wonder what it would be worth if a metal detector said there was a sac in it? I Got to get that checked.

CaptHenway · August 17, 2007 5:28AM

<< The day will come when these bring a 50% premium in the original Cheerios packaging. >>

That's why I have one of each!

TD

fc · August 17, 2007 5:36AM

i think you should wait until you get the goods in hand before bragging
on these boards, but that is just me.
yes it is a neat coin but you essentially just paid 11G for 1.01.
what i think is a pretty darn ugly coin that never really saw circulation
and is a rather dismal failure/unpopular/etc..

but it is the key to the series i suppose.

STONE · August 17, 2007 5:37AM

WOW, that's quite a bit of money for that coin. Hope it works out for you and let us know when it comes in.

Nice coin though

IrishMike · August 17, 2007 5:39AM

Sorry I just fell out of my chair. I can't ever imagine that I would lay out 11 grand for a coin I can't even see before I bought it. To each his own.

FLBuffaloHunter · August 17, 2007 6:27AM

Can the Cherrios dollar be graded while in the original packaging? If so, NGC may start grading them in the packaging like they have dome for the GSA dollars and FDCC.

SeattleSlammer · August 17, 2007 7:23AM

That definitely goes on my Top 10 crazy a** modern buys list. I suppose if you're in it to flip for more cash, that's cool. Otherwise, there are sooooo many beautiful classic coins out there that could be had for 11K. It just makes me cry inside when someone spends that much on something so silly/modern.

YOU COULD HAVE ALL 4 COINS BELOW FOR LESS THAN YOU SPENT ON ONE SAC OUT OF A CEREAL BOX.

PCGS PR67, $2100

PCGS MS65RD, $1600

PCGS MS64, $3900

PCGS MS67, $3200

57loaded · August 17, 2007 7:37AM

<< That definitely goes on my Top 10 crazy a** modern buys list. I suppose if you're in it to flip for more cash, that's cool. Otherwise, there are sooooo many beautiful classic coins out there that could be had for 11K. It just makes me cry inside when someone spends that much on something so silly/modern.

don't be prejudice though, just because it ain't up your a$$ey

MrEureka · August 17, 2007 7:45AM

but will the 50% be offset by being high graded in a TPG plastic? or would original cell packaging lead a buyer to think that he would be getting a "fresh" coin that maybe he could get into TPG high grade? food for thought

You only need to find one buyer that knows how to grade to make the sale.

MoneyCollector · August 17, 2007 7:52AM

Sweet coin. I would love to have one. For me and many others modern/classic doesn't matter, its all about demand baby!! We can question whether modern or classics make better collectibles (or investments if that's your angle), but in my mind with high-demand coins you already have your answer.

Lakesammman · August 17, 2007 7:57AM

SeatteSlammer:

For some folks, it's not "either/or". They can have their sacs and classics too.

PS - Take the cereal box to your local radiologist to see what's inside.

pmac · August 17, 2007 8:03AM

Does PCGS need the original box of cereal to grade it "FirstStrike"? Great coin and I hope it appreciates for you.

eCoinquest · August 17, 2007 8:07AM

Seattleslammer. I understand your point but I believe that with a mintage of only 5500 and only a few dozen confirmed to exist that it is only a matter of time before this coins value goes far beyond what anyone has dreamed that it would go to.
I agree that there are many amazing classics to be had for 11k but I am looking at this coin as an investment to make more money for the classics.

FatMan · August 17, 2007 8:15AM

I had no idea that those were so pricey. I'm nearly speechless.

I guess the only thing left to say is Congratulations.

FLBuffaloHunter · August 17, 2007 8:18AM

Rarest coin struck for circulation of the 21st century?

eCoinquest · August 17, 2007 8:20AM

Thanks Fatman.
PMac; I don't think PCGS will recognize cheerios sac as First strike but that sure would be amazing if they would.
Maybe I will take it up with them.

eCoinquest · August 17, 2007 8:21AM

FLBuffaloHunter;
Yes I believe that this is one of the rarest 21st century coins minted.

eCoinquest · August 17, 2007 8:29AM

pmac · August 17, 2007 8:31AM

Are you asking me to bump this when you put it on eBay? My gawd, I couldn't afford it if I won!

cladking · August 17, 2007 8:33AM

<< That definitely goes on my Top 10 crazy a** modern buys list. I suppose if you're in it to flip for more cash, that's cool. Otherwise, there are sooooo many beautiful classic coins out there that could be had for 11K. It just makes me cry inside when someone spends that much on something so silly/modern.

YOU COULD HAVE ALL 4 COINS BELOW FOR LESS THAN YOU SPENT ON ONE SAC OUT OF A CEREAL BOX.

>>

Of course without ignorant attitudes like this all the moderns would be
so common they wouldn't be any fun to collect. Instead there's a whole
world of scarce and rare coins available to anyone who is willing to put
in the time, effort, and money to find them.

How anyone can believe it's OK to just "flip" anything for a profit but stu-
pid to collect coins is way beyond me.

eCoinquest · August 17, 2007 8:35AM

I don't think it will be coming up for a few weeks at least.

eCoinquest · August 17, 2007 8:42AM

SeattleSlammer · August 17, 2007 9:19AM

Of course without ignorant attitudes like this all the moderns would be
so common they wouldn't be any fun to collect. Instead there's a whole
world of scarce and rare coins available to anyone who is willing to put
in the time, effort, and money to find them.

How anyone can believe it's OK to just "flip" anything for a profit but stu-
pid to collect coins is way beyond me.

cladking,
flipping the coin for a profit is understandable to me, and that appears to be eCoinquest's intention. But I do think it's stupid to collect (as in, collect them to keep because you just love the look of them) modern coins because it generally has little to do with aesthetics or impressive designs since modern coins don't have these things going for them. Of course that's just my opinion. I realize you don't share it and I respect that. Regardless of what I might write, I know some will continue to be happy with modern pocket-change in their coin collections. Modern coin collecting is great for those that don't put a premium on eye-appeal.

LonerAnger · August 17, 2007 9:24AM

<< Modern coin collecting is great for those that don't put a premium on eye-appeal. >>

DIOGENES!!!! Come quick! I found one.

SeattleSlammer · August 17, 2007 9:28AM

I just couldn't resist throwing in that last sentence.

SpaceMonkey · August 17, 2007 9:39AM

<< Of course without ignorant attitudes like this all the moderns would be
so common they wouldn't be any fun to collect. Instead there's a whole
world of scarce and rare coins available to anyone who is willing to put
in the time, effort, and money to find them.

How anyone can believe it's OK to just "flip" anything for a profit but stu-
pid to collect coins is way beyond me.

cladking,
flipping the coin for a profit is understandable to me, and that appears to be eCoinquest's intention. But I do think it's stupid to collect (as in, collect them to keep because you just love the look of them) modern coins because it generally has little to do with aesthetics or impressive designs since modern coins don't have these things going for them. Of course that's just my opinion. I realize you don't share it and I respect that. Regardless of what I might write, I know some will continue to be happy with modern pocket-change in their coin collections. Modern coin collecting is great for those that don't put a premium on eye-appeal. >>

gotcha.... so just to make sure i got this right...

crappy design no eye appeal

uninspired

just some gold

just a crappy old penny
(photo from LeeG thread-hope he doesn't mind)

think i am good now... thanks for the reality check.

/ed

SeattleSlammer · August 17, 2007 9:44AM

Lordy, people are very touchy around here.

Spacemonkey, that Lincoln is great, and an exception because it's so beautifully toned. Indeed, I have a couple modern dimes with killer toning.

But yes, all of the others you posted can't hold a candle to most classic designs.

Again, just my opinion.

SpaceMonkey · August 17, 2007 9:46AM

<< Lordy, people are very touchy around here.

Spacemonkey, that Lincoln is great, and an exception because it's so beautifully toned. Indeed, I have a couple modern dimes with killer toning.

But yes, all of the others you posted can't hold a candle to most classic designs.

Again, just my opinion.

>>

opinions are absolutely no problem... but bashing is different which is how i take your comments. i like some classics, i hate some classics.... i like some moderns, i hate some moderns... but there is enough to go around for all... no need to make people feel inadequate for their tastes... all in all it's a friggin piece a metal.

Ask a serious art collector what they think about our little classic round discs of metal... most will probably laugh at you or think your nuts.

/ed

SeattleSlammer · August 17, 2007 9:57AM

no need to make feel inadequate for their tastes

I can't make you feel inadequate about anything, you're doing that all by yourself.

Collect what makes you happy! If that means you're collecting Wisconsin quarters in MS70, more power to you!

Feel free to bash toned Morgans or classic seated coinage if you like, I wouldn't take it personally.

At the very least, I don't think it's my obligation to applaud someone else's bad taste in coins. So instead of just writing nothing at all, I choose to comment. I mean come on, if your idea of a cool coin is the quarter you got back in change at lunch, you need to expand your horizons! I just can't resist bashing those moderns!

SpaceMonkey · August 17, 2007 10:00AM

<< no need to make feel inadequate for their tastes

I can't make you feel inadequate about anything, you're doing that all by yourself.

Collect what makes you happy! If that means you're collecting Wisconsin quarters in MS70, more power to you!

Feel free to bash toned Morgans or classic seated coinage if you like, I wouldn't take it personally.

At the very least, I don't think it's my obligation to applaud someone else's bad taste in coins. So instead of just writing nothing at all, I choose to comment. I mean come on, if your idea of a cool coin is the quarter you got back in change at lunch, you need to expand your horizons! I just can't resist bashing those moderns! >>

and you continue... so i can say no more. you just don't get it. but that's ok.... makes for a good read i guess.

edited to add-BTW if you ever happen across a cheerios sac in your pocket please forward my way and i will take care of it for you.

/ed

SeattleSlammer · August 17, 2007 10:05AM

Yes, I will continue. I will always bash moderns. Last I looked that wasn't against forum rules.

My hope is that with enough bashing, modern collectors may some day gain the insights and thoughtfulness necessary to appreciate classic coins so they no longer buy pocket change with their hard earned pocket change.

It's just a dream.

NeoStar · August 17, 2007 10:18AM

After reading all these comments:

It just makes me cry inside when someone spends that much on something so silly/modern

Modern coin collecting is great for those that don't put a premium on eye-appeal.

If your idea of a cool coin is the quarter you got back in change at lunch, you need to expand your horizons! I just can't resist bashing those moderns!

I will always bash moderns…modern collectors may some day gain the insights and thoughtfulness necessary to appreciate classic coins so they no longer buy pocket change…

I can only ask: Have you ever consider anger management therapy?

TrustNo1 · August 17, 2007 10:25AM

With all the talk of fake Anacs slabs and no clear close up of the feathers, I wouldnt have bought this without more confirmation. Whats the return policy?

I just picked up this new Cheerios Sac!!

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