Cool! There's a guy on the CU forum offering over 15K if anyone can find him one.

Cheerios gave away coins!!

If only they did that in the UK then I might actually eat cereal...


Clive.

WoW - that's some very valuable cereal!

I didn't realize that you can't see the reverse in the original packing. How do you authenticate without seeing the tail feathers?

Very cool, did the person know what they had?

Ohhh, that's a good one!!

now i need to figure out if i need to have it encapsulated or just to leave it as is...

The gentleman who i purchased it from had it in a plastic bag with a bunch of other coins.... so he didn't know what it was but he was very very surprised and speechless when i told him what i would pay for it.


from looking at some other sales of these pieces.... I think I must have it certified.... I have looked at the obverse and there is a die marker that only appears on genuine coins and this one has it.

How much did you offer him?

By the way, I totally guessed it! kidding.

Do you keep an extra pair of pants in the shop?

I eat a ton of Cheerios and did get the penny.

I wonder how many of these pattern dollars were spent and went into circulation?
And I wonder how many are sitting in a shoe box with worthless bits and bobs?

There is one currently on eBay with a Buy-It-Now of $23000.

Amazing find Matt. I really need to get me a store one of these days...

the coin went to pcgs yesterday afternoon.... so now its hurry up and wait.

Excuse my ignorance... but what about is here? What's so special with these coins?

Basically the what happened is the US mint had some (15-30) of these struck before the original 2000 release in gold which were sent to space on the space shuttle.. then displayed around the country... and somehow for the cheerios strikes the same reverse was used for those dollars that was used for the gold pieces. These were made before the regular run of business strike 2000 P's... This reverse has some differences in the design. This wasn't discovered until 2005... 5 years after the coins release.... So the theory is that a lot of the 5,500 that were put in the boxes were ripped open and spent by the kids who got them.. not knowing they were rare... There were 5,500 released in 11,000,000 boxes of cheerios..I checked the pop reports from PCGS and NGC... there is a total of 30 something coins... but a lot of them look like resubmissions trying to get an 67 into a 68 holder.... so my guess is there are 15-20 coins in top tier slabs..

Thanks for explanation!

And the other 5480 coins were either spent or sit in a box/drawer in someones attic/closet/under the bed.

The dies from the gold Sackies were used because they were the only dies available to produce the coins in time to get them in the Cheerios boxes by Jan. 1st 2000.

NGC would have pedigreed it NGC Article - The Lost Dutchman specimen - has a nice ring to it! Will PCGS do the same?

I think the US mint should do OMS strikes in gold for all circulating coins, ala what Monnaie de Paris has done for years.

Over on CU, someone posted that NGC received a Cheerios-packaged 2000-P dollar and cent that was opened by them and found to have a normal Sacagawea dollar rather than the pattern. Mike Wallace @ smalldollars.com is suppose to putting a pic up on his site

Worth $1.01 to me.

I remember buying one box of cheerios for the stupid cent, now I don't even know where it is. I know I threw the cheerios out, I hate cereal.

Edit : Did not see Brett already posted about the non pattern.

here you go mark

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

I dont know if I answered or not... but there is a die polish line coming out of the obverse neck of all of the authentic examples... which this coin had

I think someone got ripped off.

I ate my Cheerios and still have my cent.

Wouldn't that encourage some people to start gold-plating business strikes and passing them off as the real thing, though?

Me too.

How can anyone hate Cheerios? I've been eating them since I was a kid and I'm as fit as a fiddle.

Well, an old fiddle...

came back today PCGS MS67

Nice, Matt! What's the census on that grade?

7 graded by pcgs in 67 and 5 in 68

Holy cow.

Was this the most valuable coin to ever walk into your shop Matt?

(Probably at least the most valuable found in a box of cereal, eh?)