Would the Cheerios Dollar get more respect if it were not named for a breakfast cereal?
MrEureka
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As Longacre might put it, "Nobody has more love for the the Cheerios Dollar than MrEureka, but how can you possibly take a coin seriously when it's named for a breakfast cereal?"
Yes, the story of the Cheerios Dollar is cool, but there's a not-so-fine line between being thinking something's cool and being willing to spend thousands of dollars to get one. Now, I suppose things could be worse for the Cheerios Dollar. For example, imagine how little respect the coin might get if they had appeared in boxes of Crackerjacks instead. After all, how much could anyone really bring themselves to pay for a Crackerjacks prize? Then again, the Cheerios situation may be only slightly better.
So, fellow lovers of Cheerios Dollars, is it time we gave the coin a new name? Any suggestions?
Yes, the story of the Cheerios Dollar is cool, but there's a not-so-fine line between being thinking something's cool and being willing to spend thousands of dollars to get one. Now, I suppose things could be worse for the Cheerios Dollar. For example, imagine how little respect the coin might get if they had appeared in boxes of Crackerjacks instead. After all, how much could anyone really bring themselves to pay for a Crackerjacks prize? Then again, the Cheerios situation may be only slightly better.
So, fellow lovers of Cheerios Dollars, is it time we gave the coin a new name? Any suggestions?
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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(think Superbird)
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A new name won't help it. Getting the dollar coins to circulate in the US might bring it back into prominence.
it is unique, or nearly so, in that it is the only U.S. pattern to be placed into circulation (the case can be made for 1856 Flyers and Gobrecht dollars i suppose)
also, the variety lay dormant for 5 years before discovery......by comparison the 1892-O, micro O variety half dollar was noticed and recorded in 1893 sans internet and at a time when Heaton had just convinced collectors to give ANY consideration to a mintmark
it was also a new composition and design that was anxiously awaited and actually leaked out early (by that i mean 2000 dated coins were in public hands in late 1999, something that should not happen)
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I think that the "Reverse of 1999 Pattern" designation that Paul Gilkes at Coin World suggested is a much better designation.
TD
your point would be well taken if we were discussion the Fruity Pebbles Sacagawea
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'THE DELOREY DELIGHT'
<< <i>in addition, Cheerios carries a certain gravitas among breakfast cereals........it has dignity, nobility
your point would be well taken if we were discussion the Fruity Pebbles Sacagawea >>
Or something truly disgusting, like Granola......
<< <i>Fruity Pebbles Sacagawea >>
The design difference is so subtle and even if it is a "pattern" there were far too many made and released (I think I read 5500 somewhere). Granted many would have been spent but a "faux rarity" in my book and not worth the huge premiums.
But each to their own.
"Keep your malarkey filter in good operating order" -Walter Breen
I think I need another cup of coffee.
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<< <i>To be honest I don't think it matters what its called but its over hyped in my book.
The design difference is so subtle ...
But each to there own. >>
Well, obviously I am prejudiced in this matter, but I saw the pattern reverse in the middle of October of 1999, and was able to tell from memory that the design had been changed when I saw a regular issue coin in January of 2000, but that's just the way i am.
TD
How many do I have to eat? I guess it doesn't matter, these too shall pass.
Or: Accented Tail; Feather Butt; New Feathers; Wide Tail; White Tail; Loofa... Well, the name should be descriptive
About 2003 I decided to hoard them from Ebay, but then decided I need to control my collecting and that $50 was too much to pay for a novelty. Instead, I went with Mel Wacks counterstamps which I still like, but the decision was bad in hindsight.
I normally buy about 10-20 of things like that before I'm happy.
<< <i>I believe the name to be totally appropriate. It tells a story and identifies a specific coin variety. We have the 'bugs bunny Franklin', the speared bison etc, etc., which are, in my opinion, much worse sobriquets. Cheers, RickO >>
I didn't mean to sound harsh about the coin and I'm sure it has brought many new collectors to the hobby but personally I cant understand the value people put on them. Same as I don't understand what some people will pay for modern MS70 coins.
There are several truly rare Colonial coin types for example (less then 30 known) that do show more of a design difference and are rarer yet sell for the fraction of the price of a Cheerios Dollar.
Again I realise its about supply and demand but I'm sure publicity has something to do with it.
Similarly over here in the UK not long ago the Royal Mint issued an undated 20 pence coin by "mistake".
It has the obverse of the old 20 pence and reverse of the new 20 pence. So say it may have been a cleaver ploy to get Joe public to check their change. Either way it was all over the papers and news and I'm sure it has brought new collectors into the hobby so its been good for the hobby, but the mint estimate there were probably 100,000 struck. It has became a modern "rarity" and carries an unlikely premium for the amount struck.
Why is a Gobrecht Dollar called a Gobrecht Dollar and not a Flying Eagle Dollar?
I knew it would happen.
the 'flying eagle' is on the reverse of the coin and typically a coin is not named by its reverse design (wheat cent doesnt count---it is still a Lincoln cent first and foremost)
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<< <i>i think a corny name helps
(think Superbird) >>
Yeah, maybe if they came in something like Corn Pops everything would be different.
It is pretty frightening to think that for every cheeerios dollar at least one box of Cheerios were sold.