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My "Cheerios Dollar" two pattern population theory.
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<p>[QUOTE="dennis5151, post: 4374978, member: 90596"]The 2000-P Sacagawea Cheerios promo dollar has been well documented on numerous sites and has been written about in great detail. The summary is:</p><p> </p><p>5,500 coins were to be placed in the cereal boxes. Some were minted before Mr. Thomas Rogers Sr. (mint engraver) removed 2 flaws on the observe die and modified the reverse to give the tailfeathers a lighter look to represent the white feathers of the Bald Eagle.</p><p> </p><p>Finely detailed specimens of the dollar are now called by various names. "1999 Prototype", "Fine Detailed", "Pattern" and so on. It was assumed all Cheerio Dollars were of this type but "Non-Pattern", "2001 Reverse" and otherwise non-detailed specimens have been graded directly from the original packages.</p><p> </p><p>Mr. Tom DeLory, the person to discover the finely detailed coins theorized the reason for the two types was when the coins were received to be placed in the cereal boxes some may have been damaged, or spoiled during packaging and replacements were ordered. The second shipment would have contained the non-patterns.</p><p> </p><p>I have an additional theory. The number of non-pattern coins is too high to be a second shipment to replace damaged coins. I believe a test run was made, the dies corrected and a completion run was made. At that point, 5,500 coins were shipped.</p><p><br /></p><p>Why is this theory important? Rarity determines value. Using Mr. DeLory's theory the non-pattern 2000 Reverse smoothed tailfeathers should be rarer. If a short test run was made, the 1999 Prototype will be rarest.</p><p> </p><p>I asked the mint how many coins were made in a test run of the coin, the reply was they do not keep records. I speculate the number of coins in the first run depends on the technician executing the order. Did he or she set a number into the counter? Did he or she simply just press a button for a random time frame? Only the technician knows and perhaps that person will eventually see this post and come forward with an answer or estimate.</p><p><br /></p><p>If you know a mint technician, please ask how a test run is made.</p><p> </p><p>We can only guess how many coins are still in drawers or worse, are being worn out in circulation. My AU58 was salvaged at the point where a person with good vision can barely make out the fine detail. My guess is a 55 would take high magnification to determine any fine detail.</p><p><br /></p><p>For those that like pictures:</p><p><br /></p><p>Unopened box.</p><p>[ATTACH=full]1103958[/ATTACH] </p><p><br /></p><p>[ATTACH=full]1103959[/ATTACH] </p><p><br /></p><p>Unopened Inserted Package[ATTACH=full]1103960[/ATTACH]</p><p><br /></p><p>MS 68 Fine Details</p><p>[ATTACH=full]1103963[/ATTACH] </p><p><br /></p><p>AU58 Worn Details </p><p>[ATTACH=full]1103965[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="dennis5151, post: 4374978, member: 90596"]The 2000-P Sacagawea Cheerios promo dollar has been well documented on numerous sites and has been written about in great detail. The summary is: 5,500 coins were to be placed in the cereal boxes. Some were minted before Mr. Thomas Rogers Sr. (mint engraver) removed 2 flaws on the observe die and modified the reverse to give the tailfeathers a lighter look to represent the white feathers of the Bald Eagle. Finely detailed specimens of the dollar are now called by various names. "1999 Prototype", "Fine Detailed", "Pattern" and so on. It was assumed all Cheerio Dollars were of this type but "Non-Pattern", "2001 Reverse" and otherwise non-detailed specimens have been graded directly from the original packages. Mr. Tom DeLory, the person to discover the finely detailed coins theorized the reason for the two types was when the coins were received to be placed in the cereal boxes some may have been damaged, or spoiled during packaging and replacements were ordered. The second shipment would have contained the non-patterns. I have an additional theory. The number of non-pattern coins is too high to be a second shipment to replace damaged coins. I believe a test run was made, the dies corrected and a completion run was made. At that point, 5,500 coins were shipped. Why is this theory important? Rarity determines value. Using Mr. DeLory's theory the non-pattern 2000 Reverse smoothed tailfeathers should be rarer. If a short test run was made, the 1999 Prototype will be rarest. I asked the mint how many coins were made in a test run of the coin, the reply was they do not keep records. I speculate the number of coins in the first run depends on the technician executing the order. Did he or she set a number into the counter? Did he or she simply just press a button for a random time frame? Only the technician knows and perhaps that person will eventually see this post and come forward with an answer or estimate. If you know a mint technician, please ask how a test run is made. We can only guess how many coins are still in drawers or worse, are being worn out in circulation. My AU58 was salvaged at the point where a person with good vision can barely make out the fine detail. My guess is a 55 would take high magnification to determine any fine detail. For those that like pictures: Unopened box. [ATTACH=full]1103958[/ATTACH] [ATTACH=full]1103959[/ATTACH] Unopened Inserted Package[ATTACH=full]1103960[/ATTACH] MS 68 Fine Details [ATTACH=full]1103963[/ATTACH] AU58 Worn Details [ATTACH=full]1103965[/ATTACH][/QUOTE]
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My "Cheerios Dollar" two pattern population theory.
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