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 Replies: 32 / Views: 12,021 |
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Pillar of the Community
Canada
1248 Posts |
1cent... these are NOT mules...
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Bedrock of the Community
Australia
21788 Posts |
One of the best examples of a mule coin is the New Zealand / Bahama Islands 2c, I think that was struck by The Royal Mint. The production run finished for this coin at the end of the die life, at about 80,000 examples. All of them were accidentally issued. The mistake was only revealed then they were discovered in circulation. |
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Pillar of the Community
Canada
1051 Posts |
Quote:
1cent... these are NOT mules... Yeah sorry about that, I have a habit of going OT. |
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Pillar of the Community
Canada
1248 Posts |
How about the Canada / New Zealand $1 1985 Mule?
if anyone wants to see it... I had one and still have Images.
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New Member
Canada
39 Posts |
 show us your mule HHB |
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Pillar of the Community
Canada
1581 Posts |
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Pillar of the Community
Canada
1248 Posts |
ok guys here it is. However, it is not mine any longer as I sold it to a BC collector for really good money. But the images are still mine. enjoy looking at it. ICCS graded and verified it as an MS-60/  Edited by hhbkiddo
03/04/2011 1:49 pm
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New Member
United States
4 Posts |
As with ANY numismatic item........demand will drive the price.......suppy will decide where it rests........
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Pillar of the Community
Canada
1581 Posts |
hhbkiddo: Good pic. What is the current value of one of those? I wonder if anyone in New Zealand collects these? I think it is considered exclusively a Canadian mule, since it occurred on a production line for Canadian dollars. Did the RCM make 50 cent pieces for NZ that year? It seems to me Australians are far more into collecting mules than Canadians. Their mules seem to command very high prices relative to rarity (supply) and population (demand). |
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New Member
Canada
34 Posts |
I don't understand how mules are worth anything to anyone. They are a mistake and I would rather my self have a mint state beautiful old coin then a mule old coin for the same price.
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Pillar of the Community
Canada
5324 Posts |
the new zealand canada mule sold $5300.00 at july RCNA auction in calgary. |
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Pillar of the Community
 Canada
2426 Posts |
Supply and demand my friend!
Very few available and very many interested in owning = High $ Value!
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Moderator
 Canada
10459 Posts |
I saw that coin in hand earlier this year. A coin dealer in Ontario consigned it to the RCNA auction. It was probably the baggiest certified MS-60 I have ever seen, so I decided that I will wait for the next on. These things seem to come up for sale every 4-5 years. I know one collector with three of them. "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Valued Member
291 Posts |
Quote:
I don't understand how mules are worth anything to anyone. They are a mistake and I would rather my self have a mint state beautiful old coin then a mule old coin for the same price. Mules are popular and so are error coins. They are usually scarce too. You should collect what you like - nobody is forcing you to buy mules. Edited by Senex
08/26/2012 11:09 am
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Pillar of the Community
Canada
632 Posts |
Newly discovered mules soar in price (good example: the 2010 10c specimen) until collectors discover if they are common or not. Prices fall to acceptable market values.
Using, again, the 10c as example, those that bought the set at issue price, made some profit. Those that bought the coin when the mule was first announced, paid an unrealistic high price. Those that want the coin now, will have to pay its real market value - there will be no more gains or losses with this mule.
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Replies: 32 / Views: 12,021 |
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Posted 02/25/2011 12:23 am
