The numismatic community was recently astounded by the revelation of a Sacagawea dollar prototype valued at an unprecedented $13 million. This extraordinary coin has captivated collectors and historians alike, shedding light on a unique chapter in U.S. Mint history.
Unveiling the Sacagawea Dollar Prototype
In 2000, the U.S. Mint introduced the Sacagawea dollar, featuring the Shoshone interpreter who played a pivotal role in the Lewis and Clark Expedition. To promote this new coin, the Mint partnered with General Mills, including 5,500 prototype coins in Cheerios cereal boxes. These coins, now known as “Cheerios dollars,” possess distinctive features that set them apart from regular issues.
Distinguishing Features of the Prototype
The Cheerios Sacagawea dollars are notable for their enhanced detail, particularly on the eagle’s tail feathers on the reverse side. Unlike standard coins, these prototypes exhibit intricate feathering, making them highly sought after by collectors.
| Feature | Standard Sacagawea Dollar | Cheerios Prototype Dollar |
|---|---|---|
| Obverse Design | Sacagawea with her infant son | Same |
| Reverse Design | Eagle in flight | Eagle with detailed tail feathers |
| Edge | Plain | Plain |
| Composition | Manganese-brass | Manganese-brass |
| Weight | 8.1 grams | 8.1 grams |
| Diameter | 26.5 mm | 26.5 mm |
The $13 Million Valuation: Fact or Fiction?
While the Cheerios Sacagawea dollars are indeed rare and valuable, with some fetching thousands of dollars at auction, there is no substantiated evidence of any such coin reaching a $13 million valuation. The highest recorded sale for a Cheerios dollar was approximately $29,900 in 2008. Claims of a $13 million valuation appear to be speculative and lack credible sources.
Market Value and Collectibility
The value of a Cheerios Sacagawea dollar depends on its condition and certification. Coins graded MS68 by the Professional Coin Grading Service (PCGS) have sold for nearly $30,000. Collectors should seek authentication from reputable grading services to ensure the coin’s legitimacy and condition.
Importance of Authentication
Due to the high value associated with these prototypes, counterfeits have surfaced in the market. Collectors are advised to:
- Seek Professional Grading: Utilize services like PCGS or the Numismatic Guaranty Corporation (NGC) for authentication.
- Verify Provenance: Ensure the coin’s history aligns with known distributions, such as the Cheerios promotion.
- Consult Experts: Engage with numismatic professionals to assess the coin’s authenticity.
Conclusion
The Sacagawea dollar prototype, particularly the Cheerios variant, remains a fascinating and valuable piece of numismatic history. While claims of a $13 million valuation are unsubstantiated, these coins continue to intrigue collectors worldwide.
FAQs
What is a Cheerios Sacagawea dollar?
A prototype Sacagawea dollar included in Cheerios cereal boxes in 2000, featuring enhanced tail feather details.
How can I identify a Cheerios Sacagawea dollar?
Look for detailed tail feathers on the reverse side, distinguishing it from standard issues.
What is the highest recorded sale for a Cheerios Sacagawea dollar?
Approximately $29,900 in 2008.
Are claims of a $13 million valuation for this coin accurate?
No, such claims are speculative and lack credible evidence.
How can I authenticate a Cheerios Sacagawea dollar?
Seek certification from reputable grading services like PCGS or NGC and consult numismatic experts.
