First Cheerios dollar I've seen on eBay

Ciccio · October 26, 2009 4:37AM

Not mine!

Did all the Cheerios have the Reverse of 1999 or there is a chance you may find a normal 2000 SAC?

droopyd · October 26, 2009 4:42AM

Is there anyway to add a dollar coin to a package containing only the cent and reseal the package?

CaptHenway · October 26, 2009 4:42AM

Approximately 10% of the Cheerios-packaged dollars have the normal reverse.

I can tell the difference from the obverse die in the original packaging without removing the coin, but most people can't. I certainly cannot tell it from a picture.

TD

EDITED TO ADD: See clarification on page three. Correct percentage closer to 5%.--TD

joebb21 · October 26, 2009 4:47AM

Im going to say real only because the seller does not usually sell coins. My guess on it is that he just had it and now decided to sell.

what are they worth these days btw?

Ciccio · October 26, 2009 4:48AM

<< Is there anyway to add a dollar coin to a package containing only the cent and reseal the package? >>

The plastic cover for the cent-only is smaller, so it should be original.
I think the seller doesn't know what he may be selling.
I asked if he had a BIN price and he said he had an offer for $300 asking if I could beat it.

droopyd · October 26, 2009 4:51AM

<< Im going to say real only because the seller does not usually sell coins. My guess on it is that he just had it and now decided to sell. >>

I think a lot of things are being dug out of closets and drawers these days in hopes of generating some needed cash.

droopyd · October 26, 2009 4:53AM

<< I asked if he had a BIN price and he said he had an offer for $300 asking if I could beat it. >>

When multiple people are making offers to end the auction early, that's usually a good sign that you should let it run its course.

SemperFI · October 26, 2009 5:28AM

I was hoping to get this for cheap. Not anymore now that you just advertised it...geez. hehehe

I got one in 2004 for basically nothing on ebay just for kicks because I wanted the Sac variety in the cheerios holder. Found out a few years later it was worth something.

JupitarCoins · October 26, 2009 5:46AM

I e-mailed the seller and told him/her not to accept any cash offer and to let the auction run its course because this is a semi valuable coin. I have not heard back from him yet.

droopyd · October 26, 2009 5:53AM

it's bumped up quite a bit in price in just the last hour

MsMorrisine · October 26, 2009 6:13AM

If I put it in a cherrios box and reseal it, can I still get First Strike?

ttown · October 26, 2009 6:15AM

<< If I put it in a cherrios box and reseal it, can I still get First Strike? >>

That would never work the expiration date on the box would be past date

PCcoins · October 26, 2009 6:16AM

So how much is the dollar worth if it grades ms65-66??

Ciccio · October 26, 2009 6:21AM

link

Here are some info and the past auctions' final values.

fc · October 26, 2009 6:36AM

will not be able to tell what it will sell for until the end. some mega snipes will
be hitting it in the last few seconds i imagine. i will guess 3300.

as for the link with those past auction prices... i truly think some folks are completely
buried with them.

PCcoins · October 27, 2009 9:00AM

It's probably the non-pattern cheerios dollar!

Ciccio · October 27, 2009 9:04AM

<< It's probably the non-pattern cheerios dollar!

>>

and if you open it to see the reverse you can't return it!

JaPa · October 27, 2009 9:08AM

Quite a jump from 700ish to 3000ish.

eCoinquest · October 27, 2009 9:14AM

Well now that this is being advertised on the forum I guess I won't be able to get it for a deal.

It isn't possible to identify this as the real thing from the photo. The fact that PCGS will not attribute it as a Cheerios dollar unless it has the detailed tail feathers is definitely a deterrent. I am sure that I and a few others could identify this in the original holder due to the marker on the obverse. The seller does have a reasonable return policy. This appears legitimate.

droopyd · October 27, 2009 9:17AM

<< I asked if he had a BIN price and he said he had an offer for $300 asking if I could beat it. >>

Now $3550 and climbing -- bet the seller's glad he didn't end early!

SUMORADA · October 27, 2009 9:19AM

Just a thought, but could this have been scanned/MRI'ed or someting that would show the tail pattern ?

I bought a sealed "Cheerios Box" on the bay a while back for 300.00+......

anybody need a 'Cheerios Cent" $350.00 +s&h paypal ok....

luckyman · October 27, 2009 9:23AM

I'm willing to go up to 10k.....good luck all! just kidding......

Just out of curiosity, how many cheerios sac dollars were

packaged?

PCcoins · October 27, 2009 9:34AM

<< I'm willing to go up to 10k.....good luck all! just kidding......

Just out of curiosity, how many cheerios sac dollars were

packaged? >>

5,500 but not all of them are with the pattern reverse. Some of the cheerios dollars are just regular first year sac dollars.

So someone is either going to be really happy when they open the package or really sad

19Lyds · October 27, 2009 9:35AM

<< If I put it in a cherrios box and reseal it, can I still get First Strike? >>

Show me a Sacagawea in a PCGS First Strike Slab and I'll say yes!

MsMorrisine · October 27, 2009 9:39AM

<< 

<< If I put it in a cherrios box and reseal it, can I still get First Strike? >>

Show me a Sacagawea in a PCGS First Strike Slab and I'll say yes! >>

gotcha

MrEureka · October 27, 2009 10:03AM

Approximately 10% of the Cheerios-packaged dollars have the normal reverse.

Tom - Assuming that's based on coins that you've seen and heard about, how many coins is your estimate based on?

TwoSides2aCoin · October 27, 2009 10:48AM

Ask the seller if this obverse die marker exists. It's a small ledge on the cloak of the Shoshone woman's shoulder. If that exists, the tail feathers should be the "boldy detailed" design. At least this is my understanding.

ocon4008 · October 27, 2009 10:51AM

<<anybody need a 'Cheerios Cent" $350.00 +s&h paypal ok>>

I have 10 of them I got in an auction lot of mixed coins. I will sacrifice all ten for $350, and I will pay shipping; h_ll I will personally deliver them.

MsMorrisine · October 27, 2009 10:53AM

I wondered about that as well.

That'd be the easiest tell.

kevinstang · October 27, 2009 11:15AM

<< 

<< Is there anyway to add a dollar coin to a package containing only the cent and reseal the package? >>

The plastic cover for the cent-only is smaller, so it should be original.
I think the seller doesn't know what he may be selling.
I asked if he had a BIN price and he said he had an offer for $300 asking if I could beat it. >>

You think the seller has done a wtf yet? Over $3k now, probably glad he didn't take the $300

WoodenJefferson · October 27, 2009 12:31PM

Speculators take large risks, especially with respect to anticipating future price movements, in the hope of making quick, large gains.

TrustNo1 · October 27, 2009 1:01PM

fake coins from China in well faked slabs lately, no way in hell I'd bid thousands on something in cardboard and some cheap plastic

pakasmom · October 27, 2009 1:15PM

5K with 2 days to go! It's gotta level off there... sheesh.

WoodenJefferson · October 27, 2009 1:54PM

<< fake coins from China in well faked slabs lately, no way in hell I'd bid thousands on something in cardboard and some cheap plastic >>

But...but...the seller says it has a cert #

Certification Number: A23683

frnklnlvr · October 27, 2009 7:28PM

<< Approximately 10% of the Cheerios-packaged dollars have the normal reverse.

I can tell the difference from the obverse die in the original packaging without removing the coin, but most people can't. I certainly cannot tell it from a picture.

TD >>

What are the differences on the obv. die for this variety?

thisnamztaken · October 27, 2009 8:01PM

Man, I can think of better things to spend $6000. on - like perhaps a nice low grade, 1794 Flowing Hair Dollar.

crypto79 · October 27, 2009 10:44PM

<<

Man, I can think of better things to spend $6000. on - like perhaps a nice low grade, 1794 Flowing Hair Dollar.

>>

Please provide a link to the dealer that is selling a nice(hell even not so nice) 1794 dollar. I will gladly pay in cash the second I see it. I think you are a little off in what $6000 will buy

MisterBungle · October 27, 2009 10:59PM

"I think the seller doesn't know what he may be selling."
-----
Yeah, why else would he be asking $2.30 for shipping.

~

Obiwancanoli · October 27, 2009 11:56PM

<< "I think the seller doesn't know what he may be selling."
-----
Yeah, why else would he be asking $2.30 for shipping.

~ >>

I'm just a little curious why he's asking for any shipping at ALL! A 5K coin, and seller adds insult to injury by squeezing the buyer for just a little bit more...

CaptHenway · October 27, 2009 11:57PM

<< 

<< Approximately 10% of the Cheerios-packaged dollars have the normal reverse.

I can tell the difference from the obverse die in the original packaging without removing the coin, but most people can't. I certainly cannot tell it from a picture.

TD >>

What are the differences on the obv. die for this variety? >>

TwoSides2ACoin showed it above.
Or check www.smalldollars.com

TD

CaptHenway · October 27, 2009 11:58PM

<< 

<< "I think the seller doesn't know what he may be selling."
-----
Yeah, why else would he be asking $2.30 for shipping.

~ >>

I'm just a little curious why he's asking for any shipping at ALL! A 5K coin, and seller adds insult to injury by squeezing the buyer for just a little bit more... >>

As earlier stated, he started out hoping to get $300 for it.
Now he can afford to pay the Registered Mail fee on the final price.
TD

crypto79 · October 28, 2009 12:07AM

Sent him an E-mail telling him to cancle the auction. To great of a risk that someone swaps out the coin, finds out that its the 10% and does a charge back. Take it to a couple of dealers and take the highest offer is the way to go for this.

MsMorrisine · October 28, 2009 12:32AM

if he doesn't know what he's looking at a dealer could offer him that $300 and tell him it's one of the non-detailed tails when it really is.

crypto79 · October 28, 2009 12:45AM

why you take it to a couple of dealers and take the best offer. Plus i included a couple of links to read. We will see if he takes the advice

SemperFI · October 28, 2009 2:42AM

<<

Man, I can think of better things to spend $6000. on - like perhaps a nice low grade, 1794 Flowing Hair Dollar.

>>

Certify and flip the coin for a huge profit and buy all the 1794 Flowing Hair Dollar that you can get with the money made.

It will be nice to see where this coin will go. Good luck to the seller and congrats. I am sure he had no clue what he had. I would expect this to go to no more than $7k but who knows!

CaptHenway · October 28, 2009 4:21AM

<< Approximately 10% of the Cheerios-packaged dollars have the normal reverse.

Tom - Assuming that's based on coins that you've seen and heard about, how many coins is your estimate based on? >>

That percentage was based upon my knowledge of four duds back when I thought that the total population was around 40 pieces.

I have done some calling around, and nobody knows of any more duds. However, the total population known is now up around 75 good ones, so four out of 79 is more like 5%, not 10%.

Thank you for asking.

Tom

TrustNo1 · October 28, 2009 4:33AM

the seller isnt claiming anything special other than its a cheerios cent and sac...you could sue him for 5 years, he doesnt owe anyone anything if its a regular sac.

crypto79 · October 28, 2009 4:46AM

<< the seller isnt claiming anything special other than its a cheerios cent and sac...you could sue him for 5 years, he doesnt owe anyone anything if its a regular sac. >>

Charge backs know no logic

CaptHenway · October 28, 2009 4:49AM

I wonder if the discovery of the duds caused a surge in submissions?
TD

19Lyds · October 28, 2009 5:00AM

<< fake coins from China in well faked slabs lately, no way in hell I'd bid thousands on something in cardboard and some cheap plastic >>

I guess your member name says it all then?

Say, wait a minute! Are you my brother in law?

You sure sound like him!

crypto79 · October 28, 2009 5:25AM

The seller responded to my advice with

"Hi, thanks for the advice and link I got a good laugh out of it. The link not your advice. You guys are right that I had no I idea what I had its been sitting in my closet in a box for 9 years. I did my own research the morning after I listed it because of all the offers I received and found smalldollars.com among others and I made a bunch of calls to coin dealers. At this time I am going to let the auction run its course. I was going to end It early if it didn't get up to at least $4500 by the time that I could end it (12 hours left). If you want, let everyone know that I sent you this message. Also I haven't responded to e-mails that didn't ask a question because I have received so may about this coin. Thanks again for your advice and link."

First Cheerios dollar I've seen on eBay

Comments

Leave a Comment