It’s not every day that a small church donation box holds something nearly worth a million bucks but that’s exactly what happened recently when a rare Sacagawea dollar coin surfaced in the most unexpected place.
This coin, overlooked by many as “just a golden dollar,” ended up going for a jaw-dropping $940,000 at auction, and now collectors and everyday folks alike are wondering: could I have one of these rare coins too?
Let’s break it down and explain exactly why this coin was so valuable, how it ended up in a church, and what you should look for in your own pocket change.
What Is the Rare Sacagawea Dollar Coin and Why It Matters
Most Sacagawea dollar coins aren’t worth more than face value but this one is part of an extremely limited and mysterious group of coins known as the 2000-P Sacagawea “Cheerios” Dollar.
Back in 1999, before the official release of the Sacagawea dollar, the U.S. Mint partnered with General Mills to place a limited number of 2000-dated Sacagawea dollars in boxes of Cheerios cereal as a promotion.
Here’s where it gets interesting: about 5,500 of these coins were sent out, but some of them had a special reverse design with enhanced details on the eagle’s tail feathers. These became known as “Cheerios dollars.”
These coins were never meant to be circulated widely, making them incredibly rare.
How the $940,000 Sacagawea Coin Was Found — Explained Simply
The coin in question was recently discovered in a church donation box in Phoenix, Arizona.
A volunteer counting the weekly offering noticed something “off” about the coin it looked shinier, newer, and oddly preserved. The church staff decided to take it to a local coin dealer, who quickly realized it was no ordinary Sacagawea dollar.
It turned out to be one of the few pattern coins struck in 1999, with a high-relief finish and experimental composition. This specific coin is believed to be one of just a dozen or fewer in existence.
And yes it sold at auction for $940,000 in September 2025.
Where the Value Comes From: What Makes This Coin So Special
Not all Sacagawea coins are valuable, so let’s break down what made this one so different.
| Feature | Regular Sacagawea Dollar | Rare $940k Coin |
|---|---|---|
| Year | 2000 | 1999 test strike |
| Mint Mark | Usually “P” or “D” | “P” |
| Type | Circulated coin | Pattern coin (test) |
| Reverse Design | Standard eagle | High-detail eagle |
| Finish | Regular strike | High-relief, proof-like |
| Estimated Value | $1 | $940,000 |
Pattern coins are test strikes made by the U.S. Mint to evaluate new designs or materials before final production. Most are never released to the public which makes it incredibly rare that one ended up in a donation box.
Best Tips to Identify Rare Sacagawea Dollars in Your Change
If this story has you digging through your coin jar, you’re not alone. Here’s how to spot a potentially valuable Sacagawea dollar:
- Look for the year 2000 and check the reverse — if the tail feathers on the eagle are detailed and textured, you might have a “Cheerios” dollar
- Check the finish — a coin with a deep, mirror-like shine may be a proof or special strike
- Pay attention to mint marks — the 2000-P Cheerios dollar came from the Philadelphia Mint
- Get expert help — if something looks unusual, take it to a certified coin dealer or submit it to a grading service like PCGS or NGC
And while the exact $940k coin is likely one-of-a-kind, there are other Sacagawea dollars worth hundreds or thousands of dollars depending on strike type and rarity.
Common Mistakes With Rare Coins and How to Avoid Them
A lot of people think “gold-colored coin = valuable,” but that’s not always true. Here are a few common mistakes:
Assuming all Sacagawea dollars are rare. Most are no millions were minted for circulation
Cleaning coins. Don’t do itthis can reduce the value drastically
Using coin apps without verification. Many coin ID apps misidentify coins. Always get a second opinion from an expert
Storing coins improperly. Use acid-free holders or capsules to preserve value
Being cautious and informed can save you from tossing away a small fortune
Conclusion: Could You Have a Rare Coin in Your Pocket?
This remarkable story reminds us that valuable treasures can show up in the most ordinary places even a church donation box.
The $940,000 Sacagawea dollar wasn’t just a fluke. It’s a reminder to stay curious, pay attention to the small details, and maybe give that change in your wallet a second look.
While the odds are slim, they’re not zero and with the right knowledge, you just might discover something incredible hiding in plain sight.
FAQs
What makes the $940,000 Sacagawea coin so rare?
It’s a pattern coin struck in 1999 before official release, with a high-relief eagle design and proof-like finish. Only a few exist.
When was the rare coin found?
It was discovered in a church donation box in Phoenix, Arizona, in mid-2025.
How can I tell if I have a valuable Sacagawea coin?
Check for unique reverse designs, mirror finishes, and verify mint marks. A coin dealer or grading service can help confirm value.
Why were Sacagawea coins in Cheerios boxes?
In 1999, the U.S. Mint and General Mills partnered to promote the new dollar coin by placing them in cereal boxes as a giveaway.
Can I still find a Cheerios dollar in circulation?
It’s unlikely but not impossible. Most are in private collections, but checking older coin rolls or change is still worth it.
