Lot 982
2000-P Sacagawea "Cheerios" $1 and 2000 Lincoln "Cheerios" 1¢. This coin is incorrectly attributed on the PCGS insert as FS-401. As part of the United States Mint's marketing plan to promote the new Sacagawea "Golden Dollar" coin, the federal government produced a limited press run of 5,500 Sacagawea Dollars for distribution in General Mills Cheerios-brand cereal boxes. These coins were at top dated 2000-P, and they were struck using a prototype, or pattern reverse die with enhanced definition to the eagle's tail feathers. The reverse hub was modified prior to the start of regular-issue Sacagawea Dollar production to include smooth tail feathers.
The manner in which these special 2000-P Sacagawea Dollars were distributed explains their affectionate nickname of "Cheerios" Dollars. Only one cereal box in 2,000 contained one of these special dollars, which came with a 2000 Lincoln Cent. A few additional "Cheerios" Dollars went into orbit with one of the NASA space shuttle missions, but the vast majority of known examples have been discovered in cereal boxes, as the Mint intended. Unfortunately, most such pieces were soon spent by their discoverers reducing the population of high grade, pristine examples to an unknown, although presumably limited percentage of the original 5,500-piece mintage. As the prototype reverse variety has gained in recognition and popularity among numismatists, demand for high-quality "Cheerios" Dollars has increased.
The example that we offer here is a lovely Suberb Gem. Bright brassy-gold color shines forth powerfully, as does vibrant satin-to-softly frosted. Fully struck from the dies, and eagerly anticipating inclusion in an advanced collection of modern U.S. Mint Dollar coinage. The Sacagawea "Cheerios" $1 is PCGS Graded MS66 FS-401 and is a Pop 4; 25 finer, 11 in 67, and 14 in 68. The Lincoln "Cheerios" 1¢ is PCGS Graded MS65RD and is PCGS # V3160 (PCGS # 147231) .
Estimated Value $5,000 - 6,000.
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| Realized $4,600 |
