HELP! I have a Cheerio Dollar, in original packaging

You was looking at completed auctions, not that you actually have them then?

 

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Sorry I posted but it didn't go through. So, no one that I personally deal with besides my parents and wife know that I have this. Right now it's in the same safe that it's been in for 18 years, in a ziplock, inside of a to container. The safe is bolted down and weighs about 2000 lbs or more and also needs a key and combination to get into it. It's always sat in a bottom compartment that is separate from the rest because the box fit so perfect. So yeah, it is safe and sound. Now for coin dealer references, the guy who recommended me to this site was an owner of a shop I talked to who told me basically what everyone here did, and as far as I know, he knew what he was talking about. I may deal with him, may not. Tomorrow I will do my research and get some help here aswell. Also, I dont understand the whole drafted thing for PCGS (sorry i am completely new to super rare coins)

 

Could someone answer this... so the whole geading thing. Does it go higher than MS68? The guy I talked to said it goes to 70 but you'll never see them with 70 because they just dont come out of the mint that perfect. Would be greatly appreciated

 

Basically, in order to submit a coin to PCGS or NGC, you have to be a member of their club. The poster above is offering to submit your coin for you, under his membership. I'm not entirely sure who that member is.

If you have been communicating with a dealer who sounds knowledgeable and trustworthy, that dealer might be a better option. You can send the coin to the dealer, he'll submit it for you, and then help you sell it.

You could also try this link here. These are dealers who are linked to the American Numismatic Association, and these are trustworthy dealers: https://coin-dealer-directory.money..._wxrk2oanVrY5KPjZU1TDyaP0dJ3b5dcaAsNkEALw_wcB

Yes, the grading scale does go up to 70. 70 is considered to be "nearly perfect." Most coins have some sort of flaws on them - the more flaws, the lower the grade. Lower grades mean lower values. Getting a grade of 69 or 70 is quite rare. Most of the Cheerios dollars fall between 64 and 68.

 

Okay so yeah, that's basically what he was telling me. Alright cool. I have to head out today but tomorrow comes the start of the journey to figuring what this coin can bring. And I plan to just pay whatever I need to pay to get it graded myself then seek help on the selling front. I am already a member of NGC, I just wanted to talk to someone there first to learn a bit more about the process from them, then upgrade to whatever I need to make this as painless as possible.

 

If you call NGC's customer service number, they are exceptionally helpful and will walk you through the process.

 

An MS70 coin is perfect. Absolutely and immaculately perfect. When a business strike coin is ejected from the die it land among a pile of previously struck coins. Then more coins are ejected on top of that. They get scratched and banged about a bit. And ya can’t be perfect when you been banged around with thousands of your buddies.

 

Page 123 of PCGS Price Guide ( Nov.- Dec. 2018) goes to MS-68 for the "Cheerio's Dollar". Max value $8600.00
The number is #411990 Cheerios Dollar, and with my gold membership, submitting this coin with Express Service Level & Insurance, would cost $129.70 with no packaging fee, and no Premium fee.

 

There is a big price jump if you slab the pair of cent and dollar. I have some cents on card. If you want one advise and I'll dig it out for you.

 

A "Draft" is submitting a supposable coin in mention up for PCGS submission ( online forms ) and getting the information you desire, along with details, and thus, a ready made form you can go by, if you get into submitting a coin through PCGS. It's convoluted, but there is light at the end of the tunnel. I made a Example: PCGS draft file here, for the Cheerios Dollar you had mentioned ; #411990 on page 123 of this month's PCGS Price Guide. It may vary, but you get the idea, and choice to pay check or money order when submitting it, and reshipping it back to you with insurance too. Best I can do for you on short notice. Have a good day!

 

Respectfully, none of us here, at least that have spoken up, know you or can vouch for you. You seem a little too eager to help and I would personally advise @Rizofy to avoid anyone who is overly eager to help. Doing it yourself is likely the smartest move. Just keep in mind, the most dangerous time for you is taking it out of the plastic and putting it into the saflip. Ensure you do it over a table with a towel or something out, God forbid you drop it, it will at least fall a short distance onto a towel. Best of luck and please continue to update us here as you move along the process!

 

If you can get a better deal, by all means, get help elsewhere. It's no skin off my tush.

 

Will PCGS not accept it in its original packaging? I know NGC will.

 

Both will accept it in the original packaging, and remove it themselves. I highly encourage you to take this route. It is much safer, especially for someone unfamiliar with handling rare coins. The tiniest little mark or scratch could mean a large difference in value.

 

As long as it's in a safe-flip, with an Avery label, I don't see why not. It's worth a try.

 

Amazing story, loved it, best of luck, let us know what happens!!

 

Or, as I was going to put it, "why the hard sell?"

 

Rough stuff........scammer?

 

Like I said, we just don't know the guy. I don't want to go that far, that seems mean. He might just be enthusiastic and want to help. He hasn't done anything wrong.

It's just, in numismatics, trust is earned. I hope we get to know you, ACoinJob, and I look forward to seeing you become a well known member here.

 

I look forward too, but I'm a tad skeptical........