Cheerios One Cent Premium

I picked up two of these today at a flea market, both for a dollar. I've heard somewhere that error were found when these were opened (reverse). Does anyone know anything about that story? Do they have any value/premium? Thanks.

 

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Thought it was the dollars that had the errors.

 

It's the dollar coin that's big bucks (from coins.about.com)



The Cheerios Dollar reverse with enhanced tail-feathers is on top; a normal reverse is on the bottom. Photo courtesy of NGC.

Definition: A Cheerios Dollar is a Sacagawea Dollar bearing the date 2000 that was inserted into a Cheerios cereal box in early 2000 as part of a U.S. Mint promotion to raise awareness about the new Golden Dollar.

A total of 10 million boxes of Cheerios were involved in the promotion, all of which included a newly-struck 2000 Lincoln Cent. A lucky 5,500 boxes also included a Sacagawea Dollar, which was later discovered to have been struck from a different set of master dies than the normal Sacagawea Dollars. These rare coins, which quickly gained the moniker Cheerios Dollars, are considered to be pattern coins by most collectors.

They can be distinguished from normal Sacagawea Dollars by the enhanced eagle tail-feathers on the reverse (see photo.) Very few specimens have come to light, perhaps no more than 60 or 70 total, and they are quite valuable, selling for $5,000 to $25,000 depending on grade.

 

It's the sac dollars, more details in tail feathers. Never heard anything about the cents. I got one for a buck too. They are worth around 5, at least that's close to retail

 

I saw one of the cents in a slab at the most recent show I was at. I guess that means at least some people think they're valuable enough to certify.

 

I got a box and got the cent too. always wanted the sac dollar though

 

so, back on topic.

Does anyone know what they sell for?

Apparently on eBay they range from $79 (slabbed) to $5

 

I thought the cent is only worth a few dollars. Here is the box for the fun of it.

 

Back in 2000 I dropped the Cent into my Cheerios and swallowed it by mistake.

 

Side note: The "New" millennium didn't start until 2001...was there ever a year 0?

 

Wouldn't that be 200"0"?

 

No that is actually year '10'...like this....1991,1992,1993,1994,1995,1996,1997,1998,1999,2000...there was never a year "0"....it started at 1, but I don't want to take this off-topic. We now return to your regularly scheduled thread...

 

That's your opinion and I respect it. But it depends which calendar is used - The short answer is:

If you use the Gregorian Calendar and start the first millennium with the year 1 AD then the third millennium began with the year 2001 AD. But if you use the Common Era Calendar, in which years are numbered -2, -1, 0, 1, 2, ..., and you begin the first millennium with the year 0 CE then the third millennium began with the year 2000 CE. You have a choice. And if you opt for the Common Era Calendar you no longer have to put up with the smug assertion that "there was no year zero (so the new millennium began in 2001)". There was no year zero when Pope Gregory XIII introduced the Gregorian Calendar in the 16th Century but there certainly is one now (and in the future), and the new millennium in the Common Era Calendar began in 2000 CE

 

Ok we are going to beat a dead horse...
From Wikipedia....

Common Era (CE) is the calendar system commonly used in the Western world for the year number part of a date. The year numbers are the same as those used for Anno Domini (AD); in both systems the current year is 2015. The CE and AD systems both started with the year 1. Neither system uses a year zero (0). Common Era is abbreviated as CE, and is also known as Current Era and Christian Era.

http://en.wikipedia.org/wiki/Common_Era

Year zero does not exist in the Anno Domini (or Common Era) system usually used to number years in the Gregorian calendar and in its predecessor, the Julian calendar. In this system, the year 1 BC is followed by AD 1. However, there is a year zero in astronomical year numbering (where it coincides with the Julian year 1 BC) and in ISO 8601:2004 (where it coincides with the Gregorian year 1 BC) as well as in all Buddhist and Hindu calendars.

http://en.wikipedia.org/wiki/0_(year)

Astronomical year numbering is based on AD/CE year numbering, but follows normal decimal integer numbering more strictly. Thus, it has a year 0, the years before that are designated with negative numbers and the years after that are designated with positive numbers.[1] Astronomers use the Julian calendar for years before 1582, including this year 0, and the Gregorian calendar for years after 1582 as exemplified by Jacques Cassini (1740),[2] Simon Newcomb (1898)[3] and Fred Espenak (2007).[4]
The prefix AD and the suffixes CE, BC or BCE (Common Era, Before Christ or Before Common Era) are dropped.[1] The year 1 BC/BCE is numbered 0, the year 2 BC is numbered −1, and in general the year n BC/BCE is numbered "−(n − 1)"[1] (a negative number equal to 1 − n). The numbers of AD/CE years are not changed and are written with either no sign or a positive sign; thus in general n AD/CE is simply n or +n.[1] For normal calculation a number zero is often needed, here most notably when calculating the number of years in a period that spans the epoch; the end years need only be subtracted from each other.
The system is so named due to its use in astronomy. Few other disciplines outside history deal with the time before year 1, some exceptions being dendrochronology, archaeology and geology, the latter two of which use 'years before the present'. Although the absolute numerical values of astronomical and historical years only differ by one before year 1, this difference is critical when calculating astronomical events like eclipses or planetary conjunctions to determine when historical events which mention them occurred.

http://en.wikipedia.org/wiki/Astronomical_year_numbering


So it would appear that the year "0" is used in Astronomical year numbering for its use in astronomy. Which calendar do you follow? I pretty much follow the world standard Gregorian Calendar...

 

Jan 1, 2001 was the start of the 21st Century. It's not a matter of opinion, it's a matter of fact.

NOW, the public media and hype surrounding the Jan 1, 2000 date may have you confused, but since when does the media and general public get it right?

You're in New York, you are dating things based on the Gregorian calendar. Pull out your Krause guides -- they get it right. 20th century coins are those issues from 1901 through 2000. 21st century coins are those issues from 2001 through 2100.

 

New York don't adhere to the ways of the civilized world.......

 

Thank you for sharing your opinion

OUCH that's a low blow! I'm a Native New Yorker! ... I don't take it to heart I'm just happy to be alive and collect my coins!

 

I live here (State) too.

 

Yes, sorry I brought it up....please back to the Cheerio premium...I wish I had one of the Dollars...