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Replies: 23 / Views: 5,250 |
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Valued Member
United States
59 Posts |
Hello Members, I was looking through my coins and The error on the coin came from a penny shape. So I looked on line and notice there is a dollar from Cheerio that would have had the penny error scratch on the coin because the penny slip down on the dollar coin. Any answers?  
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Bedrock of the Community
United States
62064 Posts |
Damaged coin. Even it if were an example of this, the damage would drastically affect the value. On the Cheerios example the areas to look at are on the reverse:  Damage to a coin is never a good thing.
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Valued Member
 United States
59 Posts |
They have change the fan tail report on the cheerio and said all of the coins for cheerio does not have it. But is still a cheerio coin. My coin have the penny smear error. Do you think this is a Cheerio?
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Moderator
 United States
34423 Posts |
@fis, can you please post a well-lit close-up pic of the tailfeather on your coin? Thx.
"If you climb a good tree, you get a push." -----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed." -----King Adz
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Pillar of the Community
United States
1498 Posts |
If anything, it looks like coin wrapper damage to me.
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Moderator
 United States
56855 Posts |
 . Quote: They have change the fan tail report on the cheerio Who changed it and can you post a link to that info please? John1 
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Forum Dad
 United States
24167 Posts |
Quote: My coin have the penny smear error. I have never heard of a penny smear error. Please show us where you saw this?
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Pillar of the Community
United States
3472 Posts |
If you're sure it's a Cheerio coin, spend the $75 or so to get it graded and attributed. A coin worth thousands of dollars is certainly worth the cost to make it salable. IMO, you will not be able to sell that coin (missing detailed tail feathers) as a Cheerio dollar without a TPG grade and validation.
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Pillar of the Community
 United States
4618 Posts |
 to the CCF! It looks like the coin has a wrapper ring from a coin rolling machine. I can't see the tail of the eagle well enough to tell if it's the detailed tailfeather reverse or not. As this coin is no longer in the Cheerios packaging, even if it is found to be the detailed tailfeather reverse, it cannot be certified as a "Cheerios Variety." It can still be noted on the insert of the slab as the FS-902 or the Experimental Reverse of 1999, but, once again, only if it has the detailed tailfeathers. It is true that not all of the coin found in the Cheerios Cereal packages were the rare variety, as at least 2 I've heard of were normal 2000-P dollars. The Third Party Graders will not list a coin as a Cheerios Dollar just because it was in the packaging; only the FS-902 found in the Cheerios packaging can be certified as a "Cheerios Dollar." Here's the package with both coins. While it might look like this coin has a slight ring on the obverse, it is just on the plastic packaging, not on the coin.  Detailed Reverse of 1999 AKA Cheerios Dollar. 
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
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Moderator
 United States
96800 Posts |
 I would love to see a better shot of this 'penny smear' I have never heard of that before.
Edited by Dearborn 07/12/2021 10:22 am
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Valued Member
 United States
59 Posts |
You can see the circle print in the picture of the two coins together. Is that coin a wrapper error as well? #halfamind #Yocozuna picture shows the same circle motion as mine, where the coin dropped on top of the coin and swiped the bottom off of liberty on my coin. Not sure. #nfine I agree.
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Valued Member
 United States
59 Posts |
#yocozuna I beg to differ because the circles on the package does not cross each other nor do the circle show to be anywhere else on the plastic. That circle is on the coin. And it is in the same place as mine, only mine is deeper. Can anyone else see what I see or no?
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Valued Member
 United States
59 Posts |
As seen in the picture of the two coins, that dollar has the circle as well. The circle comes from where the penny slips in front of the dollar during packaging I assume. It is not a part of the plastic on front because the picture of the circle is NOT seen anywhere else on the plastic except in the same spot as mine. Does anyone else see this? And I do value all of your opinions and Thank you. 
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Bedrock of the Community
United States
10038 Posts |
The following is not said in a mean way. You came here for help to ask experts what they thought. You reject the facts about this coin that the people who have answered here know as certain. You do not have a rare coin worth a lot of money. Sorry. You have a coin damaged by a coin rolling machine - it is common to find circular marks on coins like this of all denominations. Zooming in on the picture shows where the scar left by the machine damaged the bases of the letters. The amount of circulation wear on the coin shows it has been around more than long enough to have gotten this scar from a rolling machine. Another point: As has been asked and you did not answer: Quote: I have never heard of a penny smear error. Please show us where you saw this? Our forum father - extremely knowledgeable and experienced with coins - has asked you this question b/c he, and the other members here who study. collect and know coins, have never heard of this type of thing. You are putting a lot of faith in something coin collectors have never heard of very much suspect not to be fact since we have been looking at these coins for years. The only other thing left to do is for you to lose your money and send it in to be evaluated by a grading company. You will end up with an expensively slabbed coin worth 1.00. We suggest you just take the word of the knowledgeable people here that you came to in hopes of finding out about your coin. Hoping this helps.
Edited by Earle42 07/11/2021 10:52 pm
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Pillar of the Community
 United States
4618 Posts |
I'm trying to answer this as pleasantly as possible, but the logic of the circles that you are attributing to the coins is incorrect. The coins cannot move inside of the original Cheerios packaging. They are tightly sealed in the plastic. As I noted in my post, the circle on my certified Cheerios dollar is not damage to the coin as seen on the OPs coin. The detail of the reverse of the OPs coin shows, without a doubt, that their coin is just a circulation strike and not the FS-902 or "Cheerios Dollar." The circle on the OPs coin didn't come from a "Penny Smear" from sliding in the package, as it was never in the Cheerios packaging to begin with. The circle on the OPs coin is simply damage, most likely from a Coin Wrapping Machine. If you really want to waste your money having this one-dollar coin that is worth only one dollar certified, then send it in. I don't know if you'll believe the report from the TPG when it comes back as a normal strike and not the Cheerios dollar. Mods: Please edit or delete this answer if I have said anything I shouldn't have.
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 07/12/2021 08:43 am
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Pillar of the Community
 United States
5780 Posts |
Well said Yokozuna.
Hopefully the OP understands that you have found a real Cheerios dollar that you did have graded and that is the image you provided (from before you sent it off to be graded).
Words of encouragement are one of the major food groups. We need to consume them regularly to thrive and grow.
Edited by Petespockets55 07/12/2021 06:29 am
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Replies: 23 / Views: 5,250 |