30 Day Free Trial - MarketWatch Retirement Weekly
The Perth Mint Australia
 

Cheerios Box Promoting Sacagawea Golden Dollar is Sold

Why are some Cheerios cereal boxes from 2000 worth so much money? They could contain valuable coins. Reflecting on inflation numbers can be interesting and many times surprising. As an example, one dollar in 1915 has the same buying power as $20.69 today.

More recently, a dollar in 2000 has the same buying power as $1.21 today. Given that, could you… would you… believe a 2000 box of Cheerios® is now worth a few hundred bucks?

There’s obviously more than inflation in play here. This particular Cheerios box may… just may… have a Sacagawea golden dollar worth ten grand.

The value of the 2000 Cheerios box

Last week’s CoinNews story, Cheerios are Still Bearing Golden Treasures, caught the interest of many readers. It was an article on the 2000-P Sacagawea dollars that were placed in Cheerios boxes as part of the coin’s initial launch and promotion.

An interesting aspect is how much some of those coins have sold for and why buyers are paying many thousands of dollars for the better conditioned specimens - in the area of $10,000.

To greatly summarize, the coins are worth so much because only 5,500 were made and the Sacagawea Cheerios Dollars have a different design compared to any other in circulation. That makes them very rare, and valuable.

But what about the Cheerios boxes?

In the How much are the Sacagawea Cheerios dollars really worth? section of the CoinNews article, there was a reference to ongoing finds and sales of those original Cheerios boxes, unopened, at auctions.

One example was sited with a bid on eBay at the time for $20.49. How much did the cereal box end up making the seller? The final winning bid was $215.01.

Who would have ever thought a box of Cheerios could be a great hedge against inflation?

Is there a Sacagawea golden dollar in the box?

The odds a $10K+ valued Sacagawea Cheerios Dollar is in that box are quite small (5,500 Sacagawea were placed in 10 million boxes).

But nevertheless, if nothing else, the winner owns an interesting piece of history and a box that’s collectible in its own right.

Subscribe to CoinNews | Get Coin News by Email

If you've enjoyed this article, please share it by clicking on the button below, and selecting a service so others can find it too. Many thanks.

Bookmark and Share

Email this Article Email this Article                  Print this Article Print this Article

Related News

  • Cheerios are Still Bearing Golden Treasures
  • Couple Pays Taxes with 1,700 Sacagawea Coins
  • 2008 Sacagawea Dollars and Kennedy Half-Dollar for Sale
  • U.S. Mint Returns 2008 Sacagawea $1 Dollar Coin Products
  • Sacagawea Coin Designers Not Thrilled with New Law
  • Sacagawea Golden Dollar Scheduled for Face Lift
  • New Law Brings Newly Designed Sacagawea Dollars
  • CCAC to Review 2009 Sacagawea Designs and Edge Lettering
  • 22-Karat Golden Sacagawea Space Dollars Landing in Milwaukee
  • President Signs Law: Sacagawea Golden Dollar Coins Make Comeback in 2008
  • Article Tags: .

     


    No Comments

    1. No comments posted yet

    Post a comment:

    Comments are moderated, and will not appear until an editor has approved them. (After you click to post your message, just leave this page.)