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Cheerios Sac Dollar

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TheForce's Avatar
United States
4867 Posts
 Posted 09/12/2015  5:14 pm Show Profile   Bookmark this topic Add TheForce to your friends list Get a Link to this Message Number of Subscribers
Does anyone have one? I have seen slabbed coins on ebay running $12,000. I really wish I woulda bought more Cheerios back then. 2000 was a crazy time, a new millennium and a new dollar coin. I remember when Walmart was promoting the newly minted dollar coins. Yep...good times!
Edited by TheForce
09/12/2015 5:15 pm
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CelticKnot's Avatar
United States
12819 Posts
 Posted 09/12/2015  6:27 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Tragically, I only have the Cheerios cent.
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DKA-Numis's Avatar
United States
136 Posts
 Posted 09/12/2015  9:27 pm  Show Profile   Bookmark this reply Add DKA-Numis to your friends list Get a Link to this Reply
My dad was working at the Wal-mart Home Office at the time and got a pre-released dollar during a promotional meeting. I have it in a 2x2 with the date he got it somewhere.
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jbuck's Avatar
United States
188213 Posts
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KatieG's Avatar
United States
4 Posts
 Posted 10/18/2015  2:12 pm  Show Profile   Bookmark this reply Add KatieG to your friends list Get a Link to this Reply
I have had one of these Cheerios Sacagawea coins for years. My dad has worked for General Mills for 35 years and I am going on 8 years with the company.

I found the coin slipped into a page protector in a scrapbook my mom put together for me. I was shocked to find out that it was worth anything more than face value. This thread has been ridiculously helpful so thank you!
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Cascade's Avatar
United States
7390 Posts
 Posted 10/18/2015  2:18 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
katie! That's sooo cool

Can we get some pics... we love pics
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CoinHuntingDrew's Avatar
United States
4932 Posts
 Posted 10/18/2015  5:59 pm  Show Profile   Bookmark this reply Add CoinHuntingDrew to your friends list Get a Link to this Reply
DKA and KatieG, would be fantastic if you could post pics!
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Debrajc's Avatar
United States
4211 Posts
 Posted 10/18/2015  6:28 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Yes Katie and super congrats to both you and DKA~!!
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Mayflower2020's Avatar
United States
624 Posts
 Posted 10/18/2015  7:54 pm  Show Profile   Bookmark this reply Add Mayflower2020 to your friends list Get a Link to this Reply
Definitely get it authenticated. So much easier to sell it for what it is worth than if you were to sell it loose. You will be glad you spent the extra money!
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KatieG's Avatar
United States
4 Posts
 Posted 10/19/2015  09:49 am  Show Profile   Bookmark this reply Add KatieG to your friends list Get a Link to this Reply
Here is a link to some photos of the coin. It's hard to photograph a coin through plastic lol.

https://onedrive.live.com/redir?res...folder%2cJPG
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TheForce's Avatar
United States
4867 Posts
 Posted 10/19/2015  09:52 am  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
Wow thanks for sharing Katie! That coin is like the holy grail of the Sacagawea dollars! Hang on to it!
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Cascade's Avatar
United States
7390 Posts
 Posted 10/19/2015  09:55 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Now you have a choice. Leave in ogp and hope it's the pattern or cut it out and send in for grading and encapsulation. Even in ogp (without assurance it is THE pattern coin) they still sell in the 4-5k range!
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KatieG's Avatar
United States
4 Posts
 Posted 10/19/2015  10:12 am  Show Profile   Bookmark this reply Add KatieG to your friends list Get a Link to this Reply
I think I will take it to a local coin dealer and see how much it will cost to have it graded. I don't like the idea of the coin being removed from the packaging but if that's the standard process there's not much I can do about it.

I have no desire to keep it. I would rather sell it to a real collector. I would love for it to be the pride of someones collection =)

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United States
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 Posted 10/20/2015  7:56 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
Keep in mind that not all of the coins have the special pattern. Most do, but not all of them. No need to involve a coin dealer unless it's someone you already know and really trust. You can send them in directly yourself and thereby eliminate the potential of a dealer ripping you off. Even if it was only a 1 in 100 chance that a dealer would rip you off, it's not worth it. Most are honest, but certainly far more than 1 in 100 are dishonest.

If you sell the coin on ebay, their take is going to be about 13% including the paypal fees. Heritage auctions takes about 17%. I definitely wouldn't have a dealer consign it and take more of a cut.

BTW, I'd love to have that coin if it comes back with the pattern and would make you a fair offer depending on the grade.

Also, do not remove the coin from the packaging yourself. If on the off chance it came back as not being the special pattern type, it would still be worth more than a regular one if certified by a 3rd party grading service that it came from the original packaging.
Edited by Bret
10/20/2015 8:07 pm
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Cascade's Avatar
United States
7390 Posts
 Posted 10/20/2015  8:04 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
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perfessor's Avatar
United States
927 Posts
 Posted 10/21/2015  12:47 am  Show Profile   Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
KatieG, can you post a picture of the reverse also? I heard there are special markers on the reverse.
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