Buying a box of Cheerios® in January of 2000 bought you more than a good breakfast. You were given one shot at a very special Sacagawea golden coin.
Just a dollar you say? Not quite. These Cheerios dollars are now being sold for several thousand dollars each.
You likely remember the introduction of the Sacagawea golden dollars back in 2000. It’s hard not to remember. The U.S. Mint spent $53,000,000 that year on marketing and advertising just to get your attention.
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So says Democrat Congressman Zack Space of Ohio who’s trying to help a company within his district. The company, Jackson Metals, would melt pennies for their copper content.
Helping businesses is hard to fault. But is newly proposed legislation that would benefit companies like Jackson Metals and change coinage laws the right thing to do? What would Jackson Metals, Rep. Space, the government and taxpayers really get from it?
First, some history…
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Eileen Collins (Colonel, USAF, RET.) had an exceptional career with NASA. Her achievements helped springboard not 
only the launch of missions, but that of the Sacagawea Dollar coins. Let’s swing through a quick series of historical events tying Collins and the Sacagawea coins together. Warp back to July 23, 1999…
On that day, NASA Mission STS-93 Columbia blasted off into space carrying Chandra X-ray Observatory - one of NASA’s four Great Observatories, like the Hubble Telescope. Cool stuff!
But throw out the scientific values of the trip and two things stand out: Collins was the first woman to command a space shuttle and with her went some unique “pocket change”. The change? You guessed it… Sacagawea Golden Dollars. But these aren’t the golden dollars we’re used to seeing dispensed from post office vending machines!
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