In a remarkable turn of events, a rare Sacagawea Dollar featuring the Cheerios Reverse design has recently sold at auction for an impressive $14,000.
This sale has reignited interest in this unique coin, reminding collectors and casual spenders alike that valuable coins may still be circulating in everyday transactions.
What Is the Sacagawea Dollar?
Introduced in 2000, the Sacagawea Dollar was part of the U.S. Mint’s initiative to replace the Susan B. Anthony dollar with a more visually appealing coin. The obverse features Sacagawea, a member of the Lemhi Shoshone Native American tribe, carrying her infant son Jean Baptiste on her back.
The reverse depicts a soaring eagle, symbolizing freedom and strength. The coin was minted in a golden-colored manganese-brass alloy, giving it a distinctive appearance.
The Cheerios Reverse: A Collector’s Gem
Origins of the Cheerios Reverse
In early 2000, the U.S. Mint partnered with General Mills to promote the new Sacagawea Dollar. As part of the campaign, 5,500 Sacagawea Dollars were inserted into boxes of Cheerios cereal. These coins were struck with a unique reverse design, featuring enhanced details on the eagle’s tail feathers.
Why Is It So Valuable?
The Cheerios Reverse Sacagawea Dollar is considered a pattern coin due to its unique design. Pattern coins are experimental pieces created to test new designs or features. Since only a limited number were produced and distributed, they are highly sought after by collectors.
Auction Highlights: $14,000 Sale
A pristine, certified Cheerios Reverse Sacagawea Dollar was recently auctioned for $14,000. Factors contributing to its high value include:
- Mint Condition: Coins in near-perfect condition command higher prices.
- Rarity: With fewer than 100 verified examples, the coin’s scarcity adds to its desirability.
- Historical Significance: The coin’s unique design and limited distribution make it a significant piece in U.S. coin history.
How to Identify the Cheerios Reverse Sacagawea Dollar
To determine if you possess a rare Cheerios Reverse Sacagawea Dollar, look for the following characteristics:
1. Enhanced Tail Feathers
Examine the eagle’s tail feathers on the reverse side. The Cheerios Reverse design features longer, sharper, and more detailed tail feathers compared to the standard Sacagawea Dollar.
2. Mint Mark
Check for the “P” mint mark, indicating the coin was minted in Philadelphia.
3. Condition
Coins in mint or near-mint condition hold much more value.
4. Professional Authentication
Only professional graders like PCGS or NGC can officially confirm it as a Cheerios Reverse.
Are These Coins Still in Circulation?
Yes — at least theoretically. Since most recipients in 2000 didn’t realize they were holding a rare variant, many of these coins were likely spent or lost over time. That means some could still be out there in the wild, possibly in a coin jar, vending machine, or even a bank roll.
Table: Key Information at a Glance
| Feature | Details |
|---|---|
| Coin Type | Sacagawea Dollar (2000-P) |
| Reverse Design | Enhanced eagle tail feathers (Cheerios Reverse) |
| Mint Mark | “P” (Philadelphia) |
| Mintage | Approximately 5,500 for Cheerios Reverse |
| Rarity | Fewer than 100 verified examples |
| Auction Record | $14,000 for a certified MS-68 example |
| Certification Agencies | PCGS, NGC |
| Identification Tip | Look for detailed tail feathers and professional grading |
The recent sale of a Cheerios Reverse Sacagawea Dollar for $14,000 underscores the enduring appeal and value of rare U.S. coins. Whether you’re a seasoned collector or a casual observer, this event serves as a reminder that treasures can be found in the most unexpected places. If you come across a 2000-P Sacagawea Dollar, it’s worth taking a closer look — you might be holding a piece of numismatic history.
FAQs
How can I tell if I have the Cheerios version of the Sacagawea dollar?
Check the eagle’s tail feathers—if they have enhanced detail and sharp separation lines, you may have the rare Cheerios dollar.
Can any Sacagawea dollar be worth more than face value?
Yes, especially those with mint errors, enhanced features, or rare production origins.
Should I clean a rare coin before showing it to an expert?
No. Cleaning can reduce a coin’s value. Always leave it in its found condition.