Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin Auctions300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Do "Mule" Coins Ever Increase In Value?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 32 / Views: 12,026Next Topic
Page: of 3
Valued Member
Senex's Avatar
291 Posts
 Posted 08/26/2012  11:08 am  Show Profile   Bookmark this reply Add Senex to your friends list Get a Link to this Reply

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
Pillar of the Community
Canada
632 Posts
 Posted 08/27/2012  10:49 pm  Show Profile   Bookmark this reply Add t_y to your friends list Get a Link to this Reply
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.
  Previous TopicReplies: 32 / Views: 12,026Next Topic
Page: of 3

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.19 seconds to rattle this change. Forums