Cheerios cent

Discussion in 'Error Coins' started by TheHoff, Feb 12, 2021.

  1. TheHoff

    TheHoff Member

    Has anyone submitted a Cheerios penny for grading with a possible "Wide AM" error?
     
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  3. furryfrog02

    furryfrog02 Well-Known Member

    How would you know? If I'm not mistaken, the cent is on the card and you can't see the reverse.
    If you were to take the cent out of the card, you wouldn't know it was a Cheerios cent.
     
  4. SchwaVB57

    SchwaVB57 Well-Known Member

    You are correct. In the packaging the reverse cannot be seen.
     
  5. furryfrog02

    furryfrog02 Well-Known Member

    Also, the Wide AM is not an error. It is a variety. Just for clarity's sake.
     
  6. TheHoff

    TheHoff Member

    I know you can't see the back, I guess my question should be, can you submit it to get graded and have them check for that variety also.
     
  7. furryfrog02

    furryfrog02 Well-Known Member

    I assume you could. You have to pay for varities though so you would probably have to pay extra for something that is highly unlikely.
     
    paddyman98 likes this.
  8. TheHoff

    TheHoff Member

    Thank you all for your input, does anyone know if this scenario has ever happened? Are there any Cheerios graded with a wide AM? Not sure where you'd find that info.
     
  9. SchwaVB57

    SchwaVB57 Well-Known Member

    OH NO! I see it now. A TV coin Personality will be selling a Chance to find WAM Cheerios cents. AKA "Chopper" $99.00
     
  10. TheHoff

    TheHoff Member

    get em while their hot.
     
  11. eddiespin

    eddiespin Fast Eddie

    The breakfast of champions cent. Oh no, that's wheaties, sorry about that. :D
     
  12. spirityoda

    spirityoda Coin Junky

    I had 1 but gave it away. I do not think it is worth all that troubled to get the cheerios cent graded, but if you have the Cheerios dollar then by all means get it slabbed/graded for sure they are worth big money.
     
    John Burgess likes this.
  13. John Burgess

    John Burgess Well-Known Member

    There hasn't been any cheerios cents graded as WAM.
    I would suppose the procedure would be to send it in to get it pedigreed as a cheerios cent, then when you get it back, check it for the WAM and if it has it then send it back in a 2nd time to be pedigreed and attributed... or just gamble on it on the first shot.

    But as of yet, none have been WAMS that have been graded. A 2000 WAM is like $5.00 a cheerios cent unframed in package is like $1-$2-$5-$10 depending on the moment.
    MS66 sell for like $30, MS67 like $130. I can't see the costs to do it being worth it ever actually happening to where one would be attributed with both on the slab.
     
    spirityoda likes this.
  14. TheHoff

    TheHoff Member

    Thank you for that info, I was just having one of those "what if" moments and knew the experts on here could give me a knowledgeable answer.
     
  15. John Burgess

    John Burgess Well-Known Member

    Yeah I had a what if moment about the same thing like a decade ago and keep my eye on it, but it's never happened that I'm aware of although I have to think there's still many more out there that haven't been graded yet, or cut open and circulated without a thought to look for the WAM before it went into circulation.
    I think the possibility is there at this point just not the probability. After 20 years I'd think the WAM dies came into play sometime after the cheerios cents were struck as those were done at the end of 1999 to meet the timeline of the cheerios promotion which started on Jan.1st 2000. The 2000 cents weren't delivered to the Fed Reserve for distribution until Jan 18th so the first releases to the public were in the cheerios boxes. I'd think the reverse die mishap of the WAM came much later on than the cheerios cents or like most of them would of been WAMs that have been graded if not all.
     
  16. Razz

    Razz Critical Thinker

    For those reading this thread that don't know what the Cheerios cent looks like, here is mine. Polish_20210110_191119183.jpg
     
    John Burgess and SchwaVB57 like this.
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