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Replies: 15 / Views: 4,009 |
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New Member
United States
5 Posts |
Hello, I need your guys expertise advice please!
In 2000 I bought from a bank 100$ in sacagewa coins, I bought 2 50$ rolls of the coins.
I will post a picture within the hour, I'm just curious, they match all the pictures of this "cherrio" coin, is there anyway I could have the cherrio if boughten from a bank in 2000?
They're in mint condition. Never touched, still in the roll.
So can anyone tell me what these coins are worth? If anything ?
I also have a bunch of 2$ red stamped bills but I'll be posting that elsewhere.
Thank you T Edited by Taylork90 05/18/2020 8:44 pm
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Pillar of the Community
United States
3468 Posts |
Can't wait to see the photos. I've never seen or heard of $50 rolls of Sacagawea dollars.
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Valued Member
United States
74 Posts |
Oh yes, I remember cherrios doing this back in 2000. I still have 2 pennies that I saved coming from the box. Wasn't lucky enough to receive one of the Sac dollars. But I also think there was a pattern coin of the Sacs put in the boxes that maybe was only 1 to 2% of the total number in the cherrios, (5500) I believe. Those coins go for big bucks. Most likely many people cracked them out and spent them. I think there is a diagnostic mark under the P of the date on those coins. But I think grading companies have to have the non-variety cherrios coins in the original packaging to designate them, as there indistinguishable from normal Sac dollars. But, I still think in your rolls it would be worth looking for errors and I think there's a variaty that could potentially fetch a premium and maybe put some of the best examples aside.
Edited by Ghawk 05/19/2020 09:56 am
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Pillar of the Community
 United States
8938 Posts |
Cheerios dollars can't come from new mint rolls, only from cheerios boxes, hence the title. However, the speared eagle can come from new mint rolls.
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Pillar of the Community
United States
1667 Posts |
I've discussed this more than a few times over the years with various people. Cheerios got 5500 2000P sac dollars to give away from the mint that they put in the cereal boxes.
What we know is that not every dollar coin found in the cereal boxes is the rare pattern piece with high details. What we don't know is if the mint struck 5500 of them with the same die pair and they got mixed up or if they struck less and made up the rest with regular dies.
If they did strike 5500 for cheerios using that die pair and some were not the high detail pattern piece reverse then it stands to reason some got out in circulation and mixed in with all the others and sent to banks. They got mixed up.
Unless you got it from a cheerios box and submit it for grading in the package, it's not a cheerios dollar. However it is the pattern reverse still.
My theory is its the reverse for the 24K gold coins they struck and sent to space on the space shuttle that is now in ft. Knox and they send to coin shows for display but I haven't confirmed that as I've never seen those 24K gold pieces on display.
Highly unlikely you have even 1 of these in your rolls much less more than one, as it would be like looking for a needle in a haystack in all the other 200P sacs that were minted. Unlikely, but I think possible though.
All sac dollars dated 2000P look the same. There are slight differences to tell the pattern pieces and you need to pay attention to detail when identifying because that is the difference, the details.
I'd really like to get a up close and personal look at the 24K gold pieces that were struck to see if my theory is correct and that is where the reverse came from. Also I've always wondered if there is a high detail obverse die that was used on some, but the reverse would need to be correct then see if there is a more detailed obverse also.
I'd think if there is a high detailed reverse out there there may be a high detailed obverse out there nobody has found with the normal reverse to it. I mean it took 5 years for someone to figure out there was a difference with the cheerios dollar reverses. Possible a high detail obverse may also exist as the 2nd part of that die pair... who knows they made 767 million of them. It's a lot to look through for a couple thousand of something tops.
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Pillar of the Community
United States
4989 Posts |
So people pay a premium for coins because they were either from a Cheerios box or struck from the same dies as coins that were packaged in a Cheerios box?
Seems like a good way to separate yourself from your money over the long haul. I don't see those staying valuable as the novelty of it wears off.
I'm getting this image in my head of a full cheerios box with an NGC or PCGS wrapper around it, lol! "Unopened box!"
Edited by fenton 05/19/2020 07:46 am
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Valued Member
United States
74 Posts |
Interesting theory Big-Kingdom. Fenton, the ones that are the premium were the 1 to 2% of the 5500 put in the boxes. But like Big-Kingdom said, they were found out about some 5 years later so many most likely just took it out of the package and spend it. They were "pattern" coins struck with a different higher detailed reverse than the regular ones. Those go for thousands, I think maybe close to 10,000. But HA, no Fenton- you dont send the whole box of cherrios in. In the box comes a little 2 by 2 plastic wrap of the coin you send in, lol.
Edited by Ghawk 05/19/2020 3:30 pm
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Moderator
 United States
187702 Posts |
 to the Community!
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Pillar of the Community
United States
7375 Posts |
pics 
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Pillar of the Community
 United States
4618 Posts |
When I sent my Cheerios pair to PCGS last year, they were still in the unopened package attached to the Cheerios card. I was able to tell it was struck with the prototype reverse because of a small die polish mark on the obverse. All of the detailed feather reverse coins have this small area of abrasion on Sacagawea's shoulder pointing up towards the P mint mark. They graded MS-67 for the dollar and MS-66 for the cent and sold at Heritage for $4100, with buyer's premium. Click the photo for a larger image 
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
Edited by Yokozuna 05/19/2020 9:36 pm
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Valued Member
United States
74 Posts |
That's pretty cool Yokozuna, you were lucky enough to find that in the box? Or did you buy it not graded? I did mention the die mark under the P in one of my posts. I wasn't sure if I remembered it correctly.
Edited by Ghawk 05/20/2020 08:07 am
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Bedrock of the Community
United States
17884 Posts |
Considering the gold Sac dollars were sent up on the shuttle in July 1999 almost six months before the Cheerios promotion, odds are quite good that they have the prototype rev. (they are also 2000 W coins, the only images I have located are not good enough to check out the tail feathers.)  Supposedly the gold Sac's were displayed for the first time at the ANA August 12, 2007. I don't believe they have been displayed since that time. I am also sure I remember them being displayed at some event or press conference shortly after the shuttle returned to earth and before the controversy broke over whether or not the Mint had had the legal authority to strike them. When the questions started the coins were shipped off to Fort Knox where they have been ever since except for that one showing at the ANA convention. As for $50 rolls, the only $50 dollar rolls were the "ballistic rolls" marketed by the National Monetary Reserve, a scam marketer. If I remember correctly they were offering these special "ballistic rolls" at face value pluss shipping and handling, and you had to pay a special "vault access fee" of something like $79. They came package in a double long clear plastic tube in a cardboard "gold bar".
Edited by Conder101 05/20/2020 7:31 pm
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Pillar of the Community
 United States
8938 Posts |
Edited by GrapeCollects 05/20/2020 9:24 pm
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Pillar of the Community
 United States
5770 Posts |
Neat thread with great info.
(ps. Grapes, your first link says "runtime error", whatever that means, but has no info.)
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
Edited by Petespockets55 05/22/2020 06:51 am
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Pillar of the Community
United States
1667 Posts |
yeah, ok. makes sense that they would not use the obverse die and it would have caught their attention at Philly and been sidelined with the W being on it. Easy enough for them to catch and remove it from the workings dies. So there likely isn't a high detailed obverse out there UNLESS, one turns up with a W on it instead of a P. or maybe repunched, but I doubt that. Anywho. I been speculating about the space coins being the origin of the detailed reverse a really long time since the detailed reverse first appeared, nice to finally see one. I could never find a good picture of them. As far as OP, Taylork90, a 2000P Sacagawea dollar "wounded Eagle" FS-901 could turn up in the rolls, if you want to know what to look for, looking up Sacagawea "wounded Eagle" or Sacagawea FS-901 will work and check images, there's a line running through the body of the eagle on the reverse, looks like an arrow sort of. its a long shot but maybe. Thanks guys, nice talk!
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Valued Member
United States
69 Posts |
From what I read about cheerio coin is 2000 coins were struck to give to the designer for friends and family with very detailed tail feathers and they were sent to General Mills by mistake.
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Replies: 15 / Views: 4,009 |
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