Posted by In an astonishing discovery, a rare 2000 Sacagawea “Cheerios” Dollar was found in a kitchen jar and later sold at auction for a staggering $44,500. This unexpected find has reignited interest in the elusive “Cheerios” variant of the Sacagawea dollar, a coin that has captivated collectors since its inception.
The Origin of the “Cheerios” Dollar
In early 2000, the U.S. Mint partnered with General Mills to promote the new Sacagawea dollar. As part of this promotion, 5,500 specially minted coins were randomly inserted into 10 million boxes of Cheerios cereal.
These coins were among the first Sacagawea dollars produced and featured a unique design detail: enhanced tail feathers on the eagle reverse.
Distinctive Features of the “Cheerios” Dollar
The key distinguishing feature of the “Cheerios” dollar lies in the eagle’s tail feathers on the reverse side. Unlike the standard Sacagawea dollar, which has less detailed tail feathers, the “Cheerios” variant showcases highly detailed, enhanced tail feathers, making it a standout piece for collectors.
Discovery and Auction of the $44,500 Coin
The recently auctioned coin was found in a kitchen jar, a testament to the hidden treasures that can reside in everyday places.
Upon discovery, the coin was authenticated and graded, revealing its status as a rare “Cheerios” dollar. Its exceptional condition and rarity contributed to its impressive $44,500 sale price at auction.
Key Facts About the 2000 “Cheerios” Sacagawea Dollar
| Feature | Details |
|---|---|
| Year Issued | 2000 |
| Mint Mark | P (Philadelphia) |
| Total Distributed | 5,500 coins |
| Distribution Method | Inserted into Cheerios cereal boxes |
| Unique Feature | Enhanced tail feathers on the eagle reverse |
| Material Composition | 77% Copper, 12% Zinc, 7% Manganese, 4% Nickel over a pure copper core |
| Diameter | 26.5 mm |
| Weight | 8.1 grams |
| Highest Known Auction Price | $44,500 |
The discovery of a rare 2000 “Cheerios” Sacagawea dollar in a kitchen jar underscores the potential treasures hidden in everyday places. This coin’s unique features and limited distribution make it a coveted item among collectors.
If you possess a 2000 Sacagawea dollar, it’s worth examining its details—it might just be a valuable “Cheerios” variant waiting to be discovered.
FAQs
How can I identify a “Cheerios” Sacagawea dollar?
Look for the enhanced tail feathers on the eagle reverse. Unlike the standard version, the “Cheerios” dollar has more detailed and intricate feather lines. It’s advisable to have the coin authenticated by a professional grading service for confirmation.
Are all Sacagawea dollars from 2000 valuable?
No, only the “Cheerios” variant with the enhanced tail feathers holds significant value. Standard 2000 Sacagawea dollars without this feature are generally worth their face value unless in uncirculated or proof condition.
What factors affect the value of a “Cheerios” dollar?
The coin’s condition (grade), rarity, and authentication significantly impact its value. Coins in mint state (MS) condition, especially those graded MS68 or higher, can fetch higher prices at auctions.