2000 Cheerios Penny

oddly enough, the Cheerios cent is worth more in its original packaging than it is slabbed. There is another thread that mentioned this and showed one in an attributed (I believe) PCGS slab that was worth less than the original packaging.
Don't take it out, otherwise you won't have any way (other than if you send it to PCGS) to prove it is a Cheerios cent.
Mine will always stay in its original package

 

Log in or Sign up to hide this ad.

What about PVC damage?

 

I don't think that the plastic in the Cheerios packaging is PVC, but some other material. After 11 years, I see no sign of any PVC damage.

 

No because the plastic is not PVC.

Very simply, none that have been removed from the holder either by collectors or by the grading services have been WAM's. If they haven't been removed from the holders you can't see the back so none of them have been found to be WAM's either. Until someone actually opens one up and finds a WAM then the statement that no WAM has ever been reported on a Cheerios cent is true. I don't believe anyone has said there CAN'T be a Cheerios WAM, just that none have ever been found.

Was there more than one 1999 WAM die? Considering the rarity of the 1999 WAM I would find that rather surprising.

 

I think the best data would be eBay auction results. I suspect the prices are quite varied, but if you average the results, you can get a baseline for the coin.

 

At my coin club meeting last night (Pasadena Coin Club) here in Texas, there was one being auctioned with a starting bid of $2.00, no takers.

 

Sorry to bring back this thread from the dead... but I am confused or somebody wants to get me confused.

This seller on eBay is asking $US $2,099.88 for a Close AM Cheerios Cent:
https://www.ebay.com/itm/2000-CLOSE-AM-CHEERIOS-PROMOTION-LINCOLN-CENT-NGC-MS68RD-RARE-/273072949681

Isn't this variety the common one?

Thanks!

 

Honest question...which variety are you referring to? The "2000 cheerios" or "2000 close AM" (not cheerios) or the "2000 close Am version of the cheerios" (as opposed to the "2000 Wide AM version of the cheerios")? I think I just confused myself.

 

Thanks for the reply.

I guess I am wondering about the "2000 close Am version of the Cheerios".

I have a couple of slabbed "2000 Cheerios" cents, they are all close AM. The seller has a "2000 CLOSE "AM" CHEERIOS PROMOTION LINCOLN CENT" for $2,099.88.

What is the difference? I thought I knew, but that price tag really got me confused.

Thanks!

 

Ah. Sounds like what he is selling is the same thing you have 2 of (assuming you are identifying the close AM aspect correctly). You either have 2 valuable cents or he is asking way too much for it! IMHO

Sorry I can't provide info as to what is normal for a cheerios cent - close or wide AM.

 

There is no difference, the seller is looking fora sucker. To the best of my knowledge there has never been a Cheerios cent identified that was NOT a close AM.

 

Thanks, I thought so, but $2k for a Cheerios Cent? You are right, he is really fishing for a sucker with a lot of money.

 

I'm sorry for asking so many questions but what better way to learn than to ask. "IF" a Cheerios cent has been opened is there another way to tell as some 2000s have a WAM also, or am I incorrect in this assumption.

 

No, there are no special features/varieties reported on the Cheerios cents (And with 10 million coins used for the Cheerios cents you can expect there to be at LEAST seven different die pairs used.) To the best of my knowledge no Cheerios cent has ever been discovered that was a WAM. So there is NOTHING special about those coins.

 

Thanks Condor, appreciate the help.

 

Two words:

Schrödinger's cat

 

In original package, theyre closer to a dollar rather than five dollars. I would never grade a modern coin, unless it was rare (not a condition rarity) like the sac dollars with detailed tail feathers, so i dont understand worrying about opening it.

 

Some knucklehead might buy it. Yes their all common

 

Yeah right.