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2000-P Rare Dollar Missing for 13 Years  
 

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Pillar of the Community
United States
741 Posts
 Posted 08/15/2013  05:12 am Show Profile   Bookmark this topic Add Yokozuna to your friends list Get a Link to this Message
More info to come, and a wild story to match.



Ben
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United States
601 Posts
 Posted 08/16/2013  04:52 am  Show Profile   Bookmark this reply Add liveandievarieties to your friends list Get a Link to this Reply
Wow, I can't wait to hear about this. I'll be waiting!
Pillar of the Community
United States
820 Posts
 Posted 08/16/2013  09:44 am  Show Profile   Bookmark this reply Add mfhorn to your friends list Get a Link to this Reply
Thats a rare item for sure. I'm sure you know not to open it.

WAITING.....
Valued Member
United States
360 Posts
 Posted 08/16/2013  12:45 pm  Show Profile   Bookmark this reply Add j-win to your friends list Get a Link to this Reply
Can't wait to hear this one!
Pillar of the Community
United States
6705 Posts
 Posted 08/16/2013  1:02 pm  Show Profile   Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Wonder what those things are worth now ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Pillar of the Community
United States
2651 Posts
 Posted 08/16/2013  2:02 pm  Show Profile   Bookmark this reply Add Jayman931 to your friends list Get a Link to this Reply
What if it is a WAM?
Pillar of the Community
United States
3640 Posts
 Posted 08/16/2013  3:11 pm  Show Profile   Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply
I'm wondering (but do not open it :)
If any of these Sacs "Did Not" have the more detailed
reverse and if so, then maybe worth even more ?
Same value on the one cent either way. WAM or not.
Also was wondering if anyone found one of the 100 golden
dollar coins cert. in a box or actually sold the whole box
of cereal with either just the cent or both coins or 100 coin
cert. ?
Pillar of the Community
United States
1510 Posts
 Posted 08/16/2013  3:39 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
[Up] Very nice, I have two of the cents but none of the dollars...

I definitely wouldn't recommend opening it, but I definitley would recomend sending it in for grading. PCGS as well as as the other top tier graders have found out that not all of the dollars in the Cheerios packing are the valuable reverse of '99.. Unlikely that its not as most do have the wrong reverse but if its one of the few that doesn't, even though it is in the cheerios package it will not be designated as a "Cheerios" dollar.. Just a regular 2000 Sacagawea... Just food for thought...

So definitley worth sending it in... If you (or your heirs) ever want to sell it and they list it as a " 2000 Cheerios dollar, reverse of '99" and the buyer sends it in and it turns out to not have the reverse of '99 you may have one very upset buyer and a hefty refund, lol. And personally it would kill me not to know.

And also to anyone looking to buy one I would definitely not shell out "Cheerios" money for a "raw" example in the original package as there's a slight chance you just spent big bucks on a regular 2000 Sacagawea... Lol. Maybe everyone already knows this.. But I just found out recently so I thought I'd share...

So yes to answer Indian 1's question... Some do NOT have the reverse of '99... And no it's not worth anymore than a regular 2000 Sacagawea...
Pillar of the Community
United States
741 Posts
 Posted 08/16/2013  8:37 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
It's still in the mint package, I still have the Cheerios box all because I thought it might be worth a few bucks someday.

Some Cheerios dollars were just regular SACs, but a die marker on the obverse tells if you have the detailed eagle. This coin has the marker, so it IS the "Pattern" 2000-P with the reverse of the 1999.

As I understand it, 5500 were made and less than 100 have been found. I'm sure that most of the coins were just spent when they were found.

Check out http://www.smalldollars.com/dollar/page20c.html for more details.

More of the story to follow. I want to get it certified as the detailed coin and graded first.

Ben
Pillar of the Community
Canada
3167 Posts
 Posted 08/16/2013  10:14 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Sweet! Can't wait to hear more!
Pillar of the Community
United States
814 Posts
 Posted 08/17/2013  08:29 am  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
Awesome find! I check all my 2000-P Sacs. You never know when one may turn up.
Pillar of the Community
United States
3640 Posts
 Posted 08/17/2013  2:52 pm  Show Profile   Bookmark this reply Add Indian1 to your friends list Get a Link to this Reply
Thanks Nathan for the info
and also Yoko for the link.
Guess it would not hurt to keep an eye open
for a 99 reverse out in the wild. Might find
a decent one. ?
Kind of funny though looking for a reverse
to a coin that was never even minted (1999)
Pillar of the Community
United States
741 Posts
 Posted 08/17/2013  10:21 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
While I'm MORE than happy to have the pattern coin, I want one of the 22K gold coins that were struck. The mint struck 39, but only 12 were up to the quality they wanted. They melted down the 27 coins that didn't make the grade and sent the 12 remaining up on Space Shuttle Columbia STS-93 to help promote the new coin.

Now THAT would be the coin to own of the Sacagawea series. If you did get one, I think the Secret Service would like to find out just how you got one.

The 12 REAL Gold dollars came back from the Shuttle Mission and went to Fort Knox. It was planed to send them to museums, but I think only one went to the Smithsonian.

As for value, the top price was hit was $34,500. The price for a MS-68 seems to be at about $10,000 today.

On a side note, the mint also planed to strike REAL gold FIVE dollar Sacagawea to sell to collectors, but the problems with circulating coins approved to be struck in one type of metal at $1 and a "$5" gold collectors version stuck at the same time kill that plan.

I know that dealers were selling them for only a few dollars before the '99 pattern reverse was discovered in 2005. No telling how many of the original 5500 were spent by the little kids that got them or used as "Play Money" or just plan lost them.

I read that one girl did get a $100 prize, but they sent her rolls of regular strikes.

I also know that my cousin found one in 2000 and, yep, you guessed it, opened it and spent it. *sigh*

I'm just glad MY WIFE found were I hid my coin!

More info as things develop.

Ben





Pillar of the Community
United States
741 Posts
 Posted 08/21/2013  11:32 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
I got a reply from PCGS and it looks like my wife and I will be going to the Baltimore Winter Expo on November 7. The show runs from Nov.7-9. We hope to get the coin graded as fast as possible, so I want to use the Show Express PCGS Secure Service for the Dollar and a lower cost grading tier for the cent.

The Dollar should be graded in 4 hours, but the cent will take a day or more, so we may have to stay over night.

I may try to work out a deal with a NJ coin dealer to bring the cent back for us so I can pick it up without having to stay overnight.

So wish me luck and I'll update you if anything changes or we go to a different show.

I also found that the same die pair was used to strike the 12 still existing 22k Gold coins, all of which are in Fort Knox.

Ben

Contact me if you have any questions or suggestions.

Moderator
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United States
22920 Posts
 Posted 08/21/2013  11:42 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Yes, I get that it's worth an investment, but why are you waiting until November to spend ridiculous Show submission money when you could submit them both via regular PCGS Express (cheaper than any Show fee) and turn them around in 5 days? Heck, if you didn't want to work through a dealer you could send them to Susan to submit on your behalf.
Pillar of the Community
United States
741 Posts
 Posted 08/22/2013  12:46 am  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
Man am I a doof! I think my bulb is burning out. I've never had coins graded and my mind sort of flaked. I was worried about all kinds of things that aren't even issues.

The fact that only 200 of these have been found of the 5500 struck made me overexcited. I didn't want to let it out of my lockbox.

We're really thinking it may be higher than an MS-68 just by looking at the coins that have been graded. If the reverse is as good as the obverse, I think it COULD get a + or even a MS-69.

I know it's always that way, MY COIN HAS TO BE BETTER, it's all up to the reverse in this case.

But I'm hoping!

This coin sat in a dark protected place since 2000 with no one touching or moving it. (Because I forgot were I put it!)

THANK YOU SO MUCH FOR YOUR ADVICE!

Ben
Edited by Yokozuna
08/22/2013 12:55 pm
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