The “Cheerios” Sacagawea dollar coin is a variety of the 2000-P Sacagawea Dollar known for its distinctive features and scarcity, which contributes to its higher value compared to a standard Sacagawea dollar.
- Year and mint mark: The coin must be a 2000-P Sacagawea dollar (Philadelphia Mint).
- Enhanced tail feathers: The key feature of a Cheerios dollar is the more detailed and pronounced tail feathers on the eagle on the reverse side of the coin. Regular Sacagawea dollars have less detailed tail feathers. It is recommended to use a magnifying glass to examine these details closely.
- Original Packaging (if available): While not necessary for value, some coins were distributed in Cheerios cereal boxes as part of a promotion in 2000. Finding the coin in its original packaging can further enhance its value.
- Rarity: Only about 60 to 70 of these coins are believed to be in existence.
- Value Range: The value of Cheerios Sacagawea dollars typically ranges from $5,000 to $25,000 or more, depending on the coin’s condition (grade).
- Sales Records: There are documented sales of Cheerios Sacagawea dollars for significant amounts, including $29,900 in 2008 and $34,500 for a coin graded MS68 in a sale three months later. Other reported sale prices range from $5,760 to $15,000.
- Authenticity and Grading: Due to the high value and rarity, it’s crucial to have the coin authenticated and graded by a reputable third-party grading service to confirm its legitimacy and condition, according to GovMint.com and [YouTube].
- Never Clean the Coin: Cleaning coins can drastically reduce their value, [says YouTube] and [cafeb29.com].
In conclusion, a Cheerios Sacagawea dollar coin is a rare and valuable collectible, distinguished by the detailed tail feathers on the eagle, and can fetch thousands of dollars depending on its condition and authentication.
How do I know if my 2000 Sacagawea dollar has cheerios?
The “Cheerios” dollar has enhanced feathers, while the normal dollar coin does not. See images below.
How many Sacagawea cheerios are there?
However, the number of these coins that can potentially be in collector’s hands is 5,500. That is the number of “Cheerios Dollars” released in cereal boxes.