2000-P Wounded Eagle Of The Cheerios Pattern Dollar
Introduction
The 2000-P Wounded Eagle of the Cheerios Pattern Dollar is a highly sought-after coin among collectors. It was produced by the U.S. Mint in conjunction with Cheerios cereal as part of a promotion to raise awareness about the new Sacagawea dollar. This coin has a unique design that makes it stand out from other Sacagawea dollars.
The Design
The Wounded Eagle of the Cheerios Pattern Dollar features an eagle with a small die gouge on its breast, giving it the appearance of a wound. This design was intended to represent the strength and resilience of the American people. The design was created by Thomas D. Rogers, Sr., who was also responsible for designing the Sacagawea dollar.
The History
The 2000-P Wounded Eagle of the Cheerios Pattern Dollar was produced in limited quantities and distributed exclusively in boxes of Cheerios cereal. The purpose of the promotion was to raise awareness about the new Sacagawea dollar and to encourage its use in everyday transactions. The coins were only available for a short period of time, and many were quickly snatched up by collectors.
The Rarity
The 2000-P Wounded Eagle of the Cheerios Pattern Dollar is a rare coin with a limited mintage. It is estimated that only about 5,500 of these coins were produced, making it a highly sought-after item among collectors. The coin is also highly valued due to its unique design, which sets it apart from other Sacagawea dollars.
The Value
The value of the 2000-P Wounded Eagle of the Cheerios Pattern Dollar varies depending on its condition and rarity. In 2019, a specimen in uncirculated condition sold for over $15,000 at auction. However, even lower-grade specimens can be worth several hundred dollars due to their rarity and unique design.
The Collectors
The 2000-P Wounded Eagle of the Cheerios Pattern Dollar is highly sought after by coin collectors. Many collectors are drawn to the coin's unique design and rarity. Some collectors specialize in collecting Sacagawea dollars, and the Wounded Eagle of the Cheerios Pattern Dollar is often considered the crown jewel of such collections.
The Condition
The condition of the 2000-P Wounded Eagle of the Cheerios Pattern Dollar is an important factor in determining its value. Coins in uncirculated condition are highly valued by collectors, while coins that have been circulated may have less value. The coin's grade is determined by factors such as the amount of wear and tear, the luster, and the sharpness of the design.
The Authentication
Due to the rarity and high value of the 2000-P Wounded Eagle of the Cheerios Pattern Dollar, it is important to have it authenticated by a reputable coin grading service. This will ensure that the coin is genuine and has not been altered or counterfeited in any way. Some of the most reputable coin grading services include PCGS, NGC, and ANACS.
The Investment
The 2000-P Wounded Eagle of the Cheerios Pattern Dollar can be a valuable investment for collectors. The coin's rarity and unique design make it a desirable item for many collectors, which can drive up its value over time. However, investing in coins can be risky, and it is important to do your research and work with a reputable dealer to ensure that you are making a wise investment.
The Conclusion
The 2000-P Wounded Eagle of the Cheerios Pattern Dollar is a unique and rare coin that is highly sought after by collectors. Its unique design, limited mintage, and association with Cheerios cereal make it a fascinating piece of American history. Whether you are a collector or an investor, the Wounded Eagle of the Cheerios Pattern Dollar is a valuable addition to any collection.