Rare Cheerios Sacagawea Dollar Found In Circulation—Some Valued At $2.5 Million

Few coin collectibles ignite as much excitement as the elusive Cheerios Sacagawea dollar. Minted as a promotional tie-in, these coins can be worth thousands—and in rare cases, potentially millions—thanks to their distinct design and scarcity. Here’s the full scoop.

Table: Cheerios Sacagawea Dollar Highlights

DetailDescription
Promotion Year2000—distributed in Cheerios boxes as part of a U.S. Mint marketing campaign
Estimated MintageApproximately 5,500 coins inserted into 10 million cereal boxes
Key VariationEnhanced diagonal tail feathers (“Reverse of 1999”) vs. parallel lines
Typical Market ValueAround $2,000–$5,000 depending on condition and grade
High-End Auction ValueReports suggest up to $2.2–$3 million for certain related certificates

What Makes the Cheerios Sacagawea Dollar So Rare?

1. Unusual Promotional Distribution

To launch the Sacagawea dollar in 2000, the U.S. Mint partnered with General Mills. They inserted one Sacagawea dollar into every 2,000 boxes of Cheerios cereal, as part of a broader marketing push alongside other retailers. Only about 5,500 of these coins were distributed—an exceptionally small subset of all Sacagawea dollars created.

2. Distinct Tail Feather Design

What distinguishes the Cheerios variety is the diagonal tail feather pattern on the reverse eagle—dubbed the “Reverse of 1999.” Later regular-issue coins feature parallel tail lines. This subtle but distinctive trait makes spotting authentic Cheerios coins possible .

3. Market Prices and Collector Demand

Common Cheerios dollars in moderately good condition typically fetch $2,000–$5,000 depending on grading. A high-grade MS67 specimen even sold for about $11,500 in 2007 .
In exceptional cases, related promotional items (like certificates for 100 coins) have been estimated at $2.2 to $3 million, though such claims refer to bundled historical items rather than individual coins .

How to Identify a Real Cheerios Sacagawea Dollar

  • Check the date (2000) and the mint mark “P” for Philadelphia origin.
  • Examine the eagle’s tail feathers—only the Cheerios version shows intricate diagonal feather detail.
  • Verify grade and condition—coins graded MS66 or higher command significantly more value.
  • For certainty, seek professional authentication and grading.

Finding a Cheerios Sacagawea dollar today is like winning a miniature lottery. Though most trade in the thousands, their rarity and collector interest occasionally boost valuations into the seven figures—especially for complete promotional sets or certified high grades.

If one of these ever crosses your hand or jar, it’s worth a second look from a professional.

FAQs

How rare is the Cheerios Sacagawea dollar?

Very rare—only about 5,500 coins were distributed in Cheerios boxes, out of millions minted for circulation

What’s the average value of a Cheerios Sacagawea dollar in good condition?

These coins typically sell for $2,000–$5,000, depending on grade and eye appeal

Is it true some have sold for over $2 million?

While individual coins rarely reach that level, promotional bundle certificates or sets can be valued between $2.2 and $3 million, reflecting their historical significance and scarcity.