Cheerios Cent

Discussion in 'US Coins Forum' started by Razz, Jan 10, 2021.

  1. Razz

    Razz Critical Thinker

    I picked this up last weekend. The hit in the field in front of the chin is on the coin. The one behind his head is on the package. The hit probably precludes a 67, but the coin is red and otherwise no visible marks. Possibly a couple of stains...wonder at what grade would be worth to send for slabbing? Polish_20210110_191119183.jpg
     
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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Save your money!
     
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  4. furryfrog02

    furryfrog02 Well-Known Member

    Looking at sales on ebay and they seem to be going for ~$30 at the most. Not at all worth the money to send it in.
     
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  5. Razz

    Razz Critical Thinker

    I have no plans to actually send it in, but PCGS says a 66 is $50 (retail), 67 is $260 and a 68 is $4k!
     
  6. JPD3

    JPD3 Well-Known Member

    Just think, if it was a WAM you could attach another premium to it! ;)
     
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  7. Razz

    Razz Critical Thinker

    But that's the thing, you can't open the package to check, the TPG has to do that...:)
     
  8. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    There is a marker for the accented tail feathers on the Sacagawea. But I believe you are correct for the Lincoln.
     
  9. ldhair

    ldhair Clean Supporter

    To me the coin looks to be in the 65-66 range. The grading fees would be about the value of the coin.
     
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  10. yakpoo

    yakpoo Member

    I think anyone who would buy a graded Cherrios Cent is just buying a cent no different than billions of others. It's the original packaging that gives it value (if any).
     
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  11. Razz

    Razz Critical Thinker

    I agree. The COA says 1 in 10 million, but without it in that package it is exactly like the other 5.5 billion cents struck at Philadelphia in 2000. It would be cool, I think, to have one in a slab attributed and graded as a Cheerio cent and one in the package. Even cooler would be if you were the one that pulled them out of the boxes of cereal 21 years ago...
     
  12. yakpoo

    yakpoo Member

    Perhaps there's a TPG that will grade the coin while preserving the original packaging...like ANACS did with the Nixon Silver Dollars.
     
  13. Razz

    Razz Critical Thinker

    The problem is you can't see the reverse so it can't be graded in the package...
     
  14. yakpoo

    yakpoo Member

    Hmmm...that is a conundrum. Still, it wouldn't hurt to ask the TPGs what they could do. Bottom line...this isn't a die variety like the Dollar.
     
  15. John Burgess

    John Burgess Well-Known Member

    As far as I'm aware, no WAM has been found on the 2000 cheerios cents that have been sent in for grading so far.
     
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  16. beaver96

    beaver96 Well-Known Member

    I pulled this one out of the box. I just didn't realize that they had increased in value. I'll have to move it from the bottom of the pile.
     
  17. beaver96

    beaver96 Well-Known Member

    Didn't realize that the photos didn't post. Here they are.
    cc (2).jpg
    cc1 (2).jpg
     
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