The Sacagawea dollar, first minted in 2000, is a coin many people overlook. Most are worth just a dollar, but a rare version could make you a millionaire. Known as the “Cheerios Dollar,” this special coin has unique features that set it apart. With only a few known to exist, collectors are eager to pay up to $2.1 million for one. Here’s how you can spot this treasure in your pocket change.
What Makes the Cheerios Dollar Special?
The Cheerios Dollar gets its name because it was included in some Cheerios cereal boxes in 2000 as part of a promotion. What makes it valuable is a specific design variation. This rare coin has a detailed tail feather pattern on the eagle, called the “enhanced tail feathers.” Regular Sacagawea dollars have simpler tail feathers. The Cheerios version also has a slightly different finish and sharper details, making it stand out. Only a handful of these coins have been found, driving their value sky-high.
How to Identify the Coin
Spotting a Cheerios Dollar takes a keen eye. Start by checking the date on the coin; it must be from 2000. Next, flip to the back and look at the eagle’s tail feathers. The rare version has more defined, separated feathers compared to the standard design. You might need a magnifying glass to see the difference clearly. Also, the coin’s edge should have lettering that reads “E PLURIBUS UNUM” without any errors. If you find one, have it graded by a professional service like PCGS or NGC to confirm its authenticity.
| Feature | Regular Sacagawea Dollar | Cheerios Dollar |
|---|---|---|
| Year | 2000 or later | 2000 only |
| Tail Feathers | Simple, less detailed | Enhanced, sharp detail |
| Promotion Connection | None | Found in Cheerios boxes |
Where to Look for It
You might be wondering where these coins could turn up. Since they were part of a cereal promotion, some are still hiding in old coin jars or forgotten collections. Check your loose change, especially coins from the early 2000s. Flea markets, estate sales, or even your grandma’s old piggy bank could hold one. Coin dealers and online marketplaces like eBay are other places to look, but beware of fakes. Always buy from reputable sellers and ask for certification if the coin claims to be a Cheerios Dollar.
Why It’s Worth So Much
The high value comes from its rarity and collector demand. Only a few Cheerios Dollars have been certified, making them a prize for serious collectors. In 2020, one sold at auction for $1.9 million, and experts say prices could climb higher. The coin’s unique history, tied to a quirky cereal promotion, adds to its appeal. Collectors love items with a story, and this coin has one that’s hard to beat.
Tips for Safe Collecting
If you think you’ve found a Cheerios Dollar, handle it carefully. Use gloves to avoid damaging the surface, and store it in a protective holder. Get it appraised by a trusted coin expert before selling. If you’re hunting for one, join coin collector forums or follow auction sites to stay updated on new finds. Be patient; finding this coin is like searching for a needle in a haystack, but the payoff could change your life.
