Cheerios Sac Dollars

Discussion in 'US Coins Forum' started by Shortgapbob, Oct 24, 2007.

  1. Shortgapbob

    Shortgapbob Emerging Numismatist

    Hey, does anyone know what the Cheerios Pattern Sac Dollars in the original packaging with the cent are bringing on the retail market? The only Dollar I saw from searching ebay was a PCGS 66 that sold for 10k.

    Thanks in advance.
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Could be wrong on this, but I think the cent and the dollar were packaged separately in cellophane - much like a coin flip but sealed.

    I seem to recall seeing a cent once in the original cellophane, never even heard of a dollar still in one.
     
  4. Shortgapbob

    Shortgapbob Emerging Numismatist

  5. GDJMSP

    GDJMSP Numismatist Moderator

    As I said, could easy be wrong. Although I am quite familiar with that site I never searched for the pic. And knowing the owner of that site, I suspect his pic is the real deal. Could swear I have seen a cent packaged by itself though. Coulda been a fake I suppose.

    Either way, I would be highly skeptical of any "original packaging" since it is so easy to make your own.
     
  6. Shortgapbob

    Shortgapbob Emerging Numismatist

    I think the cents were packaged by themselves, as most of the cereal boxes only had the cents in them. But, the random boxes that had a dollar in them had that combined packaging.

    I just don't know what those pattern Sac Dollars are worth outside of a TPG holder.
     
  7. GDJMSP

    GDJMSP Numismatist Moderator


    To be honest there have been so few of them sold neither do I. I can recall when the news first came out that some sold for $500 - $600, then some sold for over $1,000. Beyond that I can't say.

    Don't know that I would want to buy a raw one though, too easy to fake them.
     
  8. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    First of all there is no good reason to try to sell a raw Cheerios Sac, it is just to easy to fake the packaging and too valuable a variety to risk not buying certified.

    The cents were packaged singly and inserted into thousands of boxes. the lucky owners of the dollars found them packaged together in the blister pack with the dollar and the cent both obverse out one above the other, as in the linked site's pic.

    That PC66 coin was a coin we auctioned that came to us in the original packaging from a consignor of mine, so I know these things from first hand contact with the coin.

    If someone offered me one in the original packaging I would do everything in my power to convince them to consign it to auction because I would not want to purchase it uncertified. so an auction would be by far the best way to realize top value for such a coin (and by auction I do NOT mean eBay, I mean a legitimate auction house).
     
  9. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    by the way I think that they should sell for $2500-$5000. The 10k coin was just the first auction by a legitimate auction firm and it sold for too much as a result, but what do I know, maybe they really are worth 10 k each.
     
  10. Shortgapbob

    Shortgapbob Emerging Numismatist

    Thanks for the info Cave Troll!
     
  11. Dockwalliper

    Dockwalliper Coin Hoarder

    I saw several(4) sell in the origional packaging on eBay. All in the $4000 to $6000 range.
     
  12. huntsman53

    huntsman53 Supporter**

    Cave Troll is probably on the money! I saw a few sell for around $3,500 awhile back and they were raw.


    Frank
     
  13. Dockwalliper

    Dockwalliper Coin Hoarder

    I searched back thru the old posts and found threads on 4 different Cheerios dollars sold on eBay in Aug-Sept of 2005.
    $2500
    $5900
    $3850
    $4000

    Quite a range.
     
  14. The_Cave_Troll

    The_Cave_Troll The Coin Troll

    I have spoken to a couple people who indicated that they could authenticate a Cheerios Dollar from the obverse only who said they would pay in the 5-6k+ range for a raw one in person, but I wouldn't risk my money on an eBay one raw.
     
  15. tomsimons

    tomsimons Junior Member

    The cents carry no premium, right?
     
  16. Treashunt

    Treashunt The Other Frank

    not yet.
     
  17. COINSTER

    COINSTER New Member

    hello all i am very new and have heard of this coin but never got the whole story ,is this coin that came in the cereal box an error coin ,and how can you tell the diffrence between a cheerios sac dollar and a regular sac 2000 dollar ,
     
  18. GDJMSP

    GDJMSP Numismatist Moderator

  19. Conder101

    Conder101 Numismatist

    Actually in the original packaging they have been bringing between $5 and $10 on eBay.
     
  20. Dockwalliper

    Dockwalliper Coin Hoarder

    I've seen many of the cents on eBay go with no bid. I've also seen a few sell for as much as $2.00.
     
  21. tomsimons

    tomsimons Junior Member

    Hmmm might be time to cash in! lol
     
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