Would someone please post a Cheerios Sacagawea found in circulation ?

TwoSides2aCoin · July 26, 2008 1:13AM

Does anyone know of one being found this way ?

There are over five thousand unaccounted for, and TOP DOLLAR is being paid.

savoyspecial · July 26, 2008 1:17AM

5,000 unaccounted for is right but when you consider that philly turned out 767,140,000 that first year that makes the odds seem less favorable

greg

Walmann · July 26, 2008 1:27AM

With the dollar coins not being widely used by the public, I've felt that this coin may more likely end up being picked up in a yard sale still in its wrapper.

gecko109 · July 26, 2008 1:28AM

<< With the dollar coins not being widely used by the public, I've felt that this coin may more likely end up being picked up in a yard sale still in its wrapper. >>

ricko · July 26, 2008 1:31AM

Yep.. check yard sales... they are buried in sock drawers and toy boxes... Cheers, RickO

Lakesammman · July 26, 2008 1:58AM

I wouldn't be able to post ANY sac found in circulation. Where are they all?

tightbudget · July 26, 2008 2:10AM

None thus far...

19Lyds · July 26, 2008 2:39AM

<< 5,000 unaccounted for is right but when you consider that philly turned out 767,140,000 that first year that makes the odds seem less favorable

greg >>

Maybe a lot less than 5,000 friend as NGC recently reported grading a Cheerios Dollar that did NOT have he reverse of 1999!

PCGS followed this with this announcement so unless you are familiar with the obverse die marker, its best to be cautious before handing over some serious money for one of these.

Edited to add: Of course, this doesn't stop me from looking!

eCoinquest · July 26, 2008 12:24PM

Who cares if they found 1 or 5499, I would like to now if the die marker was found on the coins without the special reverse?
If not, then I would have no problem as I can check very easy for the die marker and if so I would be happy to find one with the die marker but no feathers for my personal set.

Please PM if you have any Cheerios Sacs you want to get "rid" of...

Hany

bfjohnson · July 26, 2008 12:32PM

No sacs found in circulation here either.

Tvac897 · July 26, 2008 12:40PM

Wow...didn't even know these existed.

CaptHenway · July 26, 2008 12:55PM

<< Who cares if they found 1 or 5499, I would like to now if the die marker was found on the coins without the special reverse?
If not, then I would have no problem as I can check very easy for the die marker and if so I would be happy to find one with the die marker but no feathers for my personal set.

Please PM if you have any Cheerios Sacs you want to get "rid" of...

Hany >>

I got a chance to examine one of the non-pattern Cheerios dollars (opened and slabbed by NGC), and the obverse did NOT show the obverse die marker I had spotted on the coins with the pattern reverse.
FWIW, the coin was very ordinary looking, and had been struck by a very well-worn pair of dies. My theory is that the Mint struck the 5,000+ pattern coins from a single pair of new dies, but that when General Mills packaged the coins they came up a bit short of the 5,500 prizes promised in the already printed cereal boxes and had to request a second shipment of coins. By then the Mint was striking the coins in quantity for the January 1, 2000 rollout, and just shipped a group of normal coins off of the production floor.
TD

CaptHenway · July 26, 2008 12:56PM

<< Does anyone know of one being found this way ?

There are over five thousand unaccounted for, and TOP DOLLAR is being paid. >>

I have not heard of any circulated pieces, despite offering several thousand dollars for one on a dealer-to-dealer network.
TD

CaptHenway · July 26, 2008 12:58PM

By the way, I love the estimate on this:

linky

TD

ProofArtworkonCircs · July 26, 2008 1:11PM

Tom,
What do you make of the reverse picture of this coin? It doesn't look like the pattern to me. Probably that is some quirk in the photography.

CaptHenway · July 26, 2008 3:11PM

Just the photography. You can see the extra detailing in the wings also found on the patterns.
TD
By the way, they have three pieces in this sale.

Mesquite · July 26, 2008 9:31PM

I got started this hobby in 2000. In 2000/2001 or maybe even 2002 Sam's and Wal-Mart did a promotion on the Sac - giving them out as change from a cash purchase. Before the news of the Cheerios Sac broke I had received a couple of Sac dollars in change from Sam's Club. Being new to collecting I took a look at the coins under the loupe. One of those two coins had an unusual tail design pattern. It was not a high-grade coin (baggy), but probably would still be graded low MS. At that time, however, I thought not much of it (after all it was a Sac, and nobody wanted them) and simply threw it in with the rest of the Sacs I had accumulated. I joined these forums in mid 2005, saw the pictures and purposely looked though my Sacs (that I had thinned out a year earlier keeping only the higher grade coins). I have little doubt now that it was the same die used on the Cheerios Sac. When those pics of the tail were published my first thought was - I've seen that before. Since you know that I have never posted a Cheerios Sac picture, you know the rest of the story. Very definitely a missed opportunity! BTW, this coin came out of a bag or a roll. The teller took it from the change drawer - it was not given to me in a cellophane wrapper.

ProofArtworkonCircs · July 27, 2008 2:07AM

<<The teller took it from the change drawer - it was not given to me in a cellophane wrapper.>>

Perhaps, a previous owner removed it from the wrapper and spent it. I would assume somewhere across this great land, people took their Cheerios dollars and spent them. It is curious though that yours was baggy. Perhaps, it was a pocket piece for a short time.

They are so rare, I really doubt the mint released any to circulation.

Tom, any thoughts on this recollection?

garsmith · July 27, 2008 2:09AM

All the circulating Sacs' are in South America

TwoSides2aCoin · July 27, 2008 6:00AM

Top photo shows obverse die marker on the Cheerios Sacagawea

Bottom photo shows the coin that the U.S. Mint released subsequent to the General Mills promotion through their program, and what WalMart distributed.

I understand these coins were not released into circulation, but am certain many were spent by those "kids" who tore the original package open and spent it. This is why someone might find one in circulation (either loose in a cash register or in a paper roll at the bank).

CaptHenway · July 27, 2008 6:22AM

<< <<The teller took it from the change drawer - it was not given to me in a cellophane wrapper.>>

Perhaps, a previous owner removed it from the wrapper and spent it. I would assume somewhere across this great land, people took their Cheerios dollars and spent them. It is curious though that yours was baggy. Perhaps, it was a pocket piece for a short time.

They are so rare, I really doubt the mint released any to circulation.

Tom, any thoughts on this recollection? >>

Well, if I had a nickel for every time somebody "recollected" having and then spending some great rarity, there'd be a lot more 1913 nickels and 1804 dollars and BU rolls of 1955 doubled die cents in the world........

Mesquite · July 27, 2008 7:39AM

Wow! Enough said.

<< Well, if I had a nickel for every time somebody "recollected" having and then spending some great rarity, there'd be a lot more 1913 nickels and 1804 dollars and BU rolls of 1955 doubled die cents in the world........ >>

Would someone please post a Cheerios Sacagawea found in circulation ?

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