| Author |
 Replies: 19 / Views: 8,424 |
|
Pillar of the Community
United States
586 Posts |
|
|
|
|
Pillar of the Community
United States
4692 Posts |
|
|
Pillar of the Community
United States
2282 Posts |
I wouldn't call this super lucky by any means. The Sacagawea dollar is where the value and rarity is. You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
|
|
Pillar of the Community
 United States
586 Posts |
Yea. Its way more valuable. And would be amazing. But like 0 chance practically. PVC in the original package? That sucks
|
|
Pillar of the Community
United States
878 Posts |
When I got my McDonald's Big Mac tokens I had the same thought. Leave them in and I finally decided that it's the tokens that matter, not the plastic wrap or the cardboard insert, which are more likely to cause damage than make the coin more desirable. I took those tokens out and put them in air-tites as I had spent several days tracking them all down in the various McDonald's of my locality. I'd take it out and see what those spots actually are!!!
|
|
Pillar of the Community
United States
713 Posts |
Just remember, the advice you get on this website is worth every penny you paid.
|
|
Pillar of the Community
United States
2282 Posts |
I used to have one, mine were darker spots.
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
|
|
Pillar of the Community
 United States
4618 Posts |
I've always thought these were "Water spots" from some rinsing process done at the mint to clean the planchets before they were struck. I still have a dozen or so of the Cheerios cents still in the original packaging and most of them, if not all, show the same dark spots. I wouldn't take it out of the package, because it then just becomes another of the 5.5 billion cents struck at the Philadelphia mint that year. Removing it would also keep it from being certified as a "Cheerios" cent by the top grading companies. They require that a Cheerios coin be submitted in the original packaging for the "Cheerios" designation to be on the label. Cheerios dollars that are submitted once removed from the package will be designated as FS-902 (experimental reverse die with detailed tailfeather design,) but they will not call it a "Cheerios" Dollar on the label. If you can't tell from my avatar, I was one of the lucky collectors that found one. I held on to mine for almost 20 years before sending it to Heritage. The dollar graded MS-67 and the cent MS-66 Red (spots and all.) The set sold in 2019 for $4200. Here's the cent imaged by PCGS. https://www.PCGS.com/cert/37217372Here's an image of the pair in the package.  d ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
|
|
Pillar of the Community
United States
586 Posts |
Centstation... I'm laughing. Very valid point. Yoku. Wow. Thanks much for the good input
|
|
Pillar of the Community
United States
878 Posts |
So is the only thing that distinguishes the Cheerio penny from the other 5.5 billion just the plastic wrapper or are there other details such as on the rare dollars?
|
|
Moderator
United States
56855 Posts |
|
|
Pillar of the Community
United States
3402 Posts |
Look at the ebay sold listings and see what the value is...this will guide you on how to proceed...definitely leave it in the wrap...if the sales price is sufficient, you can submit it for grading...the TPG will put the "CHEERIOS" designation on the label. KK |
|
Moderator
United States
96989 Posts |
agreed - do not remove it from the package. If you want it out, sent it in to be graded and maybe have it restored by the TPG. ANACS is the cheapest to do this and will try to restore it. |
|
Bedrock of the Community
United States
62064 Posts |
The dark spots on your coin are water spots that altered the coin pre-placing it into the Cheerios holder.
|
|
Pillar of the Community
United States
1648 Posts |
I'm late to the discussion and most all the important info has been posted. I agree to not remove from package or it cant be distinguished as the cheerios penny. If its in good condition you can submit to be graded as now they are finally worth more than the grading fees as yoko already explained. Keep in mind there were 10 MILLION cheerios cereal boxes with coins made so you can certainly try to find a better one whether graded or ungraded and later grade them if desired. I dont suggest sending in this one to be graded in this condition. Also at this point there are tons of already graded examples if your not into the chase, from anacs, ngc, and PCGS and so you usually can lower the price with many sellers. There has also been a discussion about the possibility of some of the cheerios cents having the 2000 Lincoln Cent Wide AM reverse, but you cant tell unless you remove from package, and its needed to remain and send in the package to grade or identify it as the cheerios cent. So I'd only take a look once graded or on other graded examples, or bust a few out to look but can kill the value entirely if not a Wide AM reverse and its not graded, now just a regular 2000 cent. Just an interesting add. https://coins.thefuntimesguide.com/...penny-value/Edited by datadragon
08/12/2022 2:21 pm
|
|
Bedrock of the Community
United States
62064 Posts |
Even a dark spot on a coin can knock the grade down:  The reverse is flawless. |
| |
Replies: 19 / Views: 8,424 |
Posted 08/11/2022 9:50 pm
