2 Unopened Boxes of...

2000 Cheerio cereal with the US Mints coin promo's inside, you know the one with the Lincoln & Sacagawea coins?
Does Anyone know how much a Box would go for? I got a feller with 2 that's looking to sell to me. Any Help?

 

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If they are unopened boxes, how do you know the coins are inside?

 

I believe the box mentioned that it contained the coins.

 

1) How well do you know this guy?
2) Did you know that you can tell if it is the "Cheerios" dollar just by looking at the obverse?
3) Do you realize how easy it would be to open and reseal a cereal box?

Unless this guy is a close relative, I'd be very leery about this transaction and would only spend a few bucks on it.

Chris

 

Don't eat the cereal.

 

Use a metal detector to check for the $1 coin

 

The box should say on it. I would stipulate with the seller, that the box would contain at lest one of the original coins (Not all had the Sacagawea dollar coin) and certificate in the original package. IF you can open it with the seller present that would be best. IF it contains an original coin you keep it for what you paid. IF it does not, you are able to get your money back. There is a high likelihood that it does not contain the dollar, but that is the gamble to make.

 

And why would any honest seller agree to this? Think about it...

 

The Cheerios Dollar is on the Right

 

You don't need to open the cello-wrap on the coins to examine the reverse. There are die polish marks on the obverse on her shoulder.

Scroll down on this link to see a close-up of the obverse die marker.
http://www.smalldollars.com/dollar/page20c.html

Chris

 

I would think an 'honest seller', would agree to say it has an original coin inside and stand behind the claim. The seller would not guarantee it's the dollar, and I wouldn't either. If it could not be opened with both parties present, then I wouldn't expect the seller to honor it. As the seller I would only do this IF I could see it opened and the buyer paid for it before it was opened. If the boxes are bought and mailed, then I agree, no way would I honor this. All hypothetical and ultimately up to both parties.

 

Price anyone?

 

I personally wouldn't pay much because I wouldn't expect to find nothing but a cent in them.

 

If a dollar is in a box, it can go for $2,000 or more. The cents I do not know.

 

Make it a lottery type of purchase.

You pay seller $5 for a box of stale cereal.

Open box and split the proceeds from selling whatever you find.

You're out $5 at most. Seller makes $5 at a minimum.

 

Make an offer depending if the cent or dollar is in the box.

 

Oh and if the seller takes that deal then he already knows that there is no dollar in the box.

 

Bingo! How nice it is that someone else is sees this.

Unless the OP (or buyer in general) is willing to gamble, the seller might as well just open it himself. Any other option is nothing but a senseless handicap.

 

There you go... now you've hit the nail on the head.

All too often when someone with little experience buying from the general public does so, they not only expect/demand the cards to be stacked in their favor, but want to hide a few aces up their sleeves as well. Obviously the OP wants the box in the hopes that it contains the big dog, but expecting the seller to part with it for a token amount and/or using some agreement where the seller and only the seller shoulders the risk isn't reasonable, nor is it likely to work.

The OP seems to think we can simply quote a value, but seemingly fails to realize that this really is akin to buying a lottery ticket. Unfortunately, unlike lottery, there is no set price of admission, and means he's going to have to nail this one down on his own by asking what the box and chance is worth to HIM. Once he figures this out, then he can present his offer, with or without negotiating room, to the seller and go from there.

 

Maybe I lack imagination, but I fail to see why the dealer hasn't opened these boxes himself to see if he's got the dollar.