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Cheerios Penny

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Author Previous TopicReplies: 11 / Views: 7,389Next Topic  
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Nickelplus's Avatar
United States
42 Posts
 Posted 02/23/2010  08:13 am Show Profile   Bookmark this topic Add Nickelplus to your friends list Get a Link to this Message Number of Subscribers
I have just got two cheerios pennies and I'm wondering if they are worth getting graded. I am also wondering the basic value of the coins. I may be able to add pics later.
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nod2003's Avatar
United States
3294 Posts
 Posted 02/23/2010  08:37 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Am wondering what a cheerios penny is.
Valued Member
DylansDad's Avatar
United States
476 Posts
 Posted 02/23/2010  08:58 am  Show Profile   Bookmark this reply Add DylansDad to your friends list Get a Link to this Reply
I can tell you what a Cheerios penny is. At the turn of the millenium (1999 to 2000) Cheerios & the US Mint had a promotion where year 2000 pennies and Sac dollars were put in special holders indicating they were "first strike" and inserted into boxes of Cheerios. As it turned out a number of the Sac dollars were from a preliminary design resulting in crazy values of over $20,000 each at auction. Don't think there is anything special about the cents however.

When I first got back into collecting this fall, I came across a site about the Cheerios Dollars and remembered having a holder just like that. Got home that evening and searched high and low until I found it...unfortunately mine contained a cent insted of the dollar. :(

http://www.smalldollars.com/dollar/page20c.html

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Halfwitty's Avatar
United States
1523 Posts
 Posted 02/23/2010  10:29 am  Show Profile   Bookmark this reply Add Halfwitty to your friends list Get a Link to this Reply
There is a premiun for the Cheerio penny but it must be in the original packaging when sent in for grading.
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biokemist6's Avatar
United States
12437 Posts
 Posted 02/23/2010  12:00 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
The value of a TPG slabbed example would be about the same as the grading fees. Coins still in the packaging typically sell for a few dollars on ebay.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 02/23/2010  12:16 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
they are not worth getting graded unless it has the Sacagawea dollar in the pack with the cent. I have a few of the cents also but never did find one of those pesky Dollars, which may have been a good thing because I would have probably busted it out and bought something with it if I had because I didn't collect coins nor visit any collecting sites in 99
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eaglefoot's Avatar
United States
6326 Posts
 Posted 02/23/2010  2:56 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I sure wish similar opportunities would come along nowadays.......now that more of us are "forewarned & forearmed" with some knowledge ! ......
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BadThad's Avatar
United States
19931 Posts
 Posted 02/23/2010  2:57 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Definately not worth getting graded. I have one in the OP too, I just think they are cool.
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ceaton's Avatar
United States
1179 Posts
 Posted 02/23/2010  9:17 pm  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
Seems like a must have for any Lincoln collector....I also have one. $5-$6 on ebay all day long
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Conder101's Avatar
United States
17884 Posts
 Posted 02/25/2010  10:39 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I have a few of the cents also but never did find one of those pesky Dollars, which may have been a good thing because I would have probably busted it out and bought something with it if I had because I didn't collect coins nor visit any collecting sites in 99

It wouldn't have mattered if you did. The variety on the Cherios dollar wasn't realized until a couple of years later. (No telling how many of them were spent, but so far only one has been reported being found in a roll from the bank.)
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Uhhhh's Avatar
United States
117 Posts
 Posted 02/28/2010  12:33 pm  Show Profile   Bookmark this reply Add Uhhhh to your friends list Get a Link to this Reply
Yeah I've got about 5 of the penny ones too. I still have a good bit of the ones from the 1996 olympics still in the packs, that came in the cereal boxes as well.
Valued Member
United States
294 Posts
 Posted 03/02/2010  7:16 pm  Show Profile   Bookmark this reply Add omahaorange to your friends list Get a Link to this Reply
I have one of these, actually pulled it from a Cheerios box when they first came out. The only thing I was collecting at the time was State Quarters, and only from my pocket change. I don't know why I kept it, but I just threw it in a desk drawer at the time. Then, a year or so ago when I started to get more serious about collecting, it just turned up in that drawer. Still in the original packaging.
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