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I just picked up this new Cheerios Sac!!

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  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    "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."


    Is the above post really appropriate under the specific posting rules of this forum?

    "As a general rule of conduct on the Forums, before posting a message on the Forums, you should ask yourself if the message is something that you would say to someone if you were speaking to them in person. In other words, you should be polite, treat others with respect, and avoid taking a confrontational or belligerent tone.
    You may disagree with an opinion expressed in a Forum, but refrain from attacking or disparaging (i.e. "flaming") the person who posted it."

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    "Yes, I will continue. I will always bash moderns. Last I looked that wasn't against forum rules."

    Rules posted above.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭


    << <i>

    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. >>




    There are so very many things wrong here it's hard to know where to start. Has it occurred
    to you that there are more reasons to collect than mere aestetics? Don't you believe it's even
    possible that other people, even those from other times and places, might not find the moderns
    more attractive than the classics? Can't it be possible for some people to just love the challenge
    of find well-made or rare coins among the billions of more common coins? Might some people en-
    joy the thrill of making new discoveries where millions haven't tread before? Is it so hard to ima-
    gine that a modern collector might have the same sense of pride and accomplishment on comple-
    ing a set as a classic collector?

    If you prick us, do we not bleed?

    There are many moderns from other countries which are very attractive to most people now days
    but they weren't saved either. They weren't saved for the same reasons that US coins weren't
    saved; they were debased junk and were far too common.

    I'd hate to see the bashing really quit. It is the biggest factor driving people to moderns.
    tempus fugit extra philosophiam.
  • NeoStarNeoStar Posts: 1,123 ✭✭✭
    Thank you! Very well put WonderCoin!!!

    You can bash moderns as much as you want but you shouldn't bash people. That is taking it a step further...
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭


    << <i>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. >>




    It's a fine dream. It's not up there with Martin Luther King's dream but it's a really fine dream.

    A surprising number of we poor benighted fools actually started with the classics. We searched
    for just the right large cent or a little better buffalo.

    This is the problem with religious ideas; conversion can work against you. image
    tempus fugit extra philosophiam.
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭


    << <i>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. >>




    Let's see. They make about 5,000 of them and there all missing but, what, a few dozen specimens?

    That's about the same number available as the 1804 dollar which was illegally made except for those
    which were NCLT and saw no circulation whatsoever.

    That should make the Cheerios dollar a little more valuable than the 1804 by your logic.
    tempus fugit extra philosophiam.
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭
    ...and how much more likely is it to find a Cheerios dollar in circulation than an 1804?!?!!!!!!!!!!!

    Classics can't hold a candle to the moderns. image
    tempus fugit extra philosophiam.
  • Collect what you like, not what someone else likes or tells you to buy. Everyone has their own prejudices. If you like modern coins, who cares what Seattle Slammer says image
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • NeoStarNeoStar Posts: 1,123 ✭✭✭
    Collect what you like, not what someone else likes or tells you to buy. Everyone has their own prejudices. If you like modern coins, who cares what Seattle Slammer says

    image
  • RussRuss Posts: 48,514 ✭✭✭
    Personally, I'd rather have a 1964 SMS Kennedy for the same money. It is far more rare.

    Russ, NCNE
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭


    << <i>Personally, I'd rather have a 1964 SMS Kennedy for the same money. It is far more rare.

    Russ, NCNE >>




    ...Or a '64 clad dime.
    tempus fugit extra philosophiam.
  • eCoinquesteCoinquest Posts: 1,512 ✭✭✭
    I would also like to point out that a modern coin now will not be a modern coin in 50 years. It will be a rather old coin and people will compare it to some "Modern" coin that some say is rare and some say is trash. Even the collectors of the 1830s and 1840s bought modern coins that were considered "rare" such as the 1804 silver dollar. Some were minted in the mid 1830s making them only a few years old when interest began to force the price up.
    That is my opinion and why I keep collecting modern coins.
    Happy collecting!image
  • RussRuss Posts: 48,514 ✭✭✭


    << <i><< Personally, I'd rather have a 1964 SMS Kennedy for the same money. It is far more rare.

    Russ, NCNE >>

    ...Or a '64 clad dime. >>



    Nah, dimes are small and ugly.

    Russ, NCNE
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭


    << <i>

    << <i><< Personally, I'd rather have a 1964 SMS Kennedy for the same money. It is far more rare.

    Russ, NCNE >>

    ...Or a '64 clad dime. >>



    Nah, dimes are small and ugly.

    Russ, NCNE >>




    They seem to be getting smaller every year. image
    tempus fugit extra philosophiam.
  • cladkingcladking Posts: 28,748 ✭✭✭✭✭


    << <i>I would also like to point out that a modern coin now will not be a modern coin in 50 years. It will be a rather old coin and people will compare it to some "Modern" coin that some say is rare and some say is trash. Even the collectors of the 1830s and 1840s bought modern coins that were considered "rare" such as the 1804 silver dollar. Some were minted in the mid 1830s making them only a few years old when interest began to force the price up.
    That is my opinion and why I keep collecting modern coins.
    Happy collecting!image >>





    Old and new are entirely a matter of perspective. Moderns have been around
    for two generations now so there are actually people picking up a 1965 and say-
    ing, "wow, this coin is older than gramma.".

    By the same token there are collectors all over the world, including this country,
    who consider anything after the third century to be hopelessly modern.

    When you get right down to it the world was already very old when the very first
    coins were made. Language had been in existence for 40,000 years. The pyramids
    were two thousand years old, and even the wheel was getting long in the tooth.

    If there were something inherently wrong with being new than we'd have to go
    back and learn how to build pyramids again. Man fears time, yet time fears the
    pyramids. Whether time is flying or bounding and leaping, tomorrow always comes
    soon enough, and yesterday fades away in an ecclesiastical sort of way.
    tempus fugit extra philosophiam.
  • LakesammmanLakesammman Posts: 17,461 ✭✭✭✭✭
    The cheerios sac has alot going for it.

    New Millenium promotion.
    New Design.
    A freebie that came in a cereal box - how many classics can claim that? image
    Neat design.
    A pattern reverse not used in the regular issue.
    Limited edition.
    Great discovery story YEARS after distribution with most probably spent.

    If collecting moderns like this sucks, then call me a sucker and sell them to me. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • eCoinquesteCoinquest Posts: 1,512 ✭✭✭
    Yeah,
    You can have my cheerios sacs, I am going to collect something older.image
  • I wonder if a FS-901 Sacagawea were found in circulation would PCGS still attribute the 'Cherrios' pedigree image
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • eCoinquesteCoinquest Posts: 1,512 ✭✭✭
    Yes, I believe they would, as it would be obvious if it was the Cheerios Variety. It may not be known for sure if it actually came from a Cheerios box but the variety has been called the "Cheerios" Dollar for so long that they would probably attribute it anyway or at the very least attribute it as something like "Extra Detailed Tail Feathers".
    image
  • The 2008 Red Book calls them 'Boldly Detailed Tail Feathers'. In the Cherrypickers' Guide they are described as "Enhanced Reverse Die" and numbered FS-C1-2000P-901.
    Never teach a pig to sing. You'll waste your time and annoy the pig image

    image
  • SeattleSlammerSeattleSlammer Posts: 10,066 ✭✭✭✭✭
    "As a general rule of conduct on the Forums, before posting a message on the Forums, you should ask yourself if the message is something that you would say to someone if you were speaking to them in person. In other words, you should be polite, treat others with respect, and avoid taking a confrontational or belligerent tone.
    You may disagree with an opinion expressed in a Forum, but refrain from attacking or disparaging (i.e. "flaming") the person who posted it."


    wondercoina and cladking and spacemonkey, honestly I'd be happy to say these things to you in person in the event you were showing off your sacs. And I'd be polite about it, too. I don't think it's impolite to bash moderns, and by extension, to bash modern collectors, it's just honesty about my opinions on the matter. Again, feel free to bash any coin series you desire. If it's one I like, I'd simply tell you why I think you're wrong...kind of like what you all are doing here, except minus the righteous tone and Lets-All-Get-Along sensitivity.

    wondercoin, I think it's precious that you looked up some forum rules for us. image

    As for the argument that in 50 years moderns won't be modern, I can only reply: duh!




  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    "treat others with respect, and avoid taking a confrontational or belligerent tone"

    These words seem pertinent when a collector wants to show off a new purchase here on the boards, whether classic or modern.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    By the way, eCoinquest, congratulations on your purchase! I totally agree with Lakesammman on just how cool this coin type is. IMHO, don't be surprised to see top grade PCGS specimens achieve close to a $20,000 or higher level sometime in the not too distant future. These are among the neatest modern coins out there.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>"As a general rule of conduct on the Forums, before posting a message on the Forums, you should ask yourself if the message is something that you would say to someone if you were speaking to them in person. In other words, you should be polite, treat others with respect, and avoid taking a confrontational or belligerent tone.
    You may disagree with an opinion expressed in a Forum, but refrain from attacking or disparaging (i.e. "flaming") the person who posted it."


    wondercoina and cladking and spacemonkey, honestly I'd be happy to say these things to you in person in the event you were showing off your sacs. And I'd be polite about it, too. I don't think it's impolite to bash moderns, and by extension, to bash modern collectors, it's just honesty about my opinions on the matter. Again, feel free to bash any coin series you desire. If it's one I like, I'd simply tell you why I think you're wrong...kind of like what you all are doing here, except minus the righteous tone and Lets-All-Get-Along sensitivity.

    wondercoin, I think it's precious that you looked up some forum rules for us. image

    As for the argument that in 50 years moderns won't be modern, I can only reply: duh! >>



    you are close very close...and your posts are way off topic to the thread, so just chill while you still can and enjoy this place
  • CaptHenwayCaptHenway Posts: 32,791 ✭✭✭✭✭


    << <i>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.image >>



    There is a die mark below the date area that can been seen while still in the Cheerios packaging. All of the Cheerios dollars that I have seen have had this mark.
    Check the small dollars website.
    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.
  • CaptHenwayCaptHenway Posts: 32,791 ✭✭✭✭✭


    << <i>Rarest coin struck for circulation of the 21st century? >>



    THey were made in 1999 and released in 2000, both years being part of the 20th Century.
    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.
  • MWallaceMWallace Posts: 4,356 ✭✭✭✭✭


    << <i>There is a die mark below the date area that can been seen while still in the Cheerios packaging. All of the Cheerios dollars that I have seen have had this mark. >>




    << <i>Check the small dollars website. >>




    Scroll down a little to see the obverse die marker.
  • Just wondering if owning a $11K Cheerios Sac also lowers your cholesterol? image
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>Just wondering if owning a $11K Cheerios Sac also lowers your cholesterol? image >>



    it would raise my BP, for sure!image
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    I happen to be in the minority on here in that I like the sacs. My point was paying 11 grand for a coin unseen. I would never do that unless I was working with a dealer I knew and had a return privilege. I think one of the things that makes this hobby fascinating to me is the diversity of what we collect be it 17th century or 21st century. I've had excellent experiences with ANACS graded coins and some not so good, but then that is true across the TPG spectrum and enough so that I would at least want to view a decent photo in making a purchasing decision. There can be a lot wrong with a sac graded 68, I know I had one sent to PCGS (Goodacre) that came back 68.


  • << <i>

    << <i>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 >>



    I agree with this guy...It may be a normal dollar, it would still slab as a Cheerios dollar since it came out of the Cheerios packaging. If the coin does not have the distinctly done tail feathers, you paid for nothing. I hope you got a clear picture of the tail feathers from the seller. Read this page:
    Cheerios Sacs
  • LakesammmanLakesammman Posts: 17,461 ✭✭✭✭✭
    I can't imagine ANACS, NGC or PCGS slabbing a ordinary sac as a cheerios sac, no matter what the packaging. It's easy to tell the difference and I'm sure they asre on the lookout for repackaging scams, etc.
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • eCoinquesteCoinquest Posts: 1,512 ✭✭✭
    foundinrolls
    Thank you for providing the link to the Cheerios Dollar info.
    The coin does have the Detailed tail feathers as I was sent large photos of it.
  • eCoinquesteCoinquest Posts: 1,512 ✭✭✭
    IrishMike:
    You have found someone else of the same minority. I too like the Sac Dollar very much and agree that you should not buy a coin sight-unseen if you can prevent it, but I have not found ANY dealers so far with a Cheerios sac available. In fact until recently I had not known more than half a dozen fellow collectors who even thought the Cheerios Sac was ever going to amount to anything more than another overpriced modern coin.
    image


  • << <i>I can't imagine ANACS, NGC or PCGS slabbing a ordinary sac as a cheerios sac, no matter what the packaging. It's easy to tell the difference and I'm sure they asre on the lookout for repackaging scams, etc. >>



    They absolutely would....If they take the coin out of the little cheerios holder to put it in the slab, it will go in as a Cheerios dollar regardles of whether or not it has the rare reverse.


  • << <i>foundinrolls
    Thank you for providing the link to the Cheerios Dollar info.
    The coin does have the Detailed tail feathers as I was sent large photos of it. >>



    Thank Goodness, I've heard of several folks on Ebay getting nabbed by paying huge money for a "normal" coin that was in the cheerios packaging
  • CladiatorCladiator Posts: 18,257 ✭✭✭✭✭
    Sold for: US $11,000.00

    Auction ended early with Buy It Now.


    Man that's alot of money...






  • << <i>

    << <i>foundinrolls
    Thank you for providing the link to the Cheerios Dollar info.
    The coin does have the Detailed tail feathers as I was sent large photos of it. >>



    Thank Goodness, I've heard of several folks on Ebay getting nabbed by paying huge money for a "normal" coin that was in the cheerios packaging >>



    as in scammed... or it just happened to be a normal coin in there?

    /ed




  • LakesammmanLakesammman Posts: 17,461 ✭✭✭✭✭
    Foundinrolls:

    Do you have proof that PCGS, ANACS or NGC has done that?? image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • TrustNo1TrustNo1 Posts: 1,359
    Didnt PCGS label the Cheerios Sac "Reverse of 1999" or was that the other guy?
  • eCoinquesteCoinquest Posts: 1,512 ✭✭✭
    TrustNo1

    No, PCGS is not labeling the Cheerios Sac as "Reverse Of 1999" but I have heard that NGC has done that.
    The reason PCGS may refer to them is because they were struck in 1999 but dated 2000.
  • eCoinquesteCoinquest Posts: 1,512 ✭✭✭
    image
  • eCoinquesteCoinquest Posts: 1,512 ✭✭✭
    An interesting thought.... What if the mint decides to sell the 2000 W Gold "Cheerios" Sac Dollars. Do you think the price of the regular Cheerios Sac will go up or down. I think it will go up because of the publicity and added awareness of this modern rarity. Plus other collectors who can't afford a seven figure coin may want to find a cheaper example.
    Hmmm, reminds me of the Paquet Reverse and the "S" version.image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,623 ✭✭✭✭✭
    It took a long time chatting here about PCGS acknowledging the Cheerios Sacagawea.
    Finally, to my delight one day Ron Guth answered me on the Q&A.
    image

    I paid way too much money for a dollar, but I know of a man who paid a whole lot more for a nickel . Another one paid a lot for a penny.

    People forget what that phenom SaintGuru pays for Saints ... sheesh, But any of you guys who truly love coins, you know what it's like to sacrifice much for ONE particular one. Look at the Jefferson NoSpouse coins. Whether they go up or not, there is a craze for certain coins.


  • << <i>It took a long time chatting here about PCGS acknowledging the Cheerios Sacagawea.
    Finally, to my delight one day Ron Guth answered me on the Q&A.
    I paid way too much money for a dollar, but I know of a man who paid a whole lot more for a nickel . Another one paid a lot for a penny.

    People forget what that phenom SaintGuru pays for Saints ... sheesh, But any of you guys who truly love coins, you know what it's like to sacrifice much for ONE particular one. Look at the Jefferson NoSpouse coins. Whether they go up or not, there is a craze for certain coins. >>






    image




    I paid too much too... but I guess not TOO MUCH because I am still TOO happy image

    /ed

    image

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