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 Replies: 54 / Views: 9,134 |
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Valued Member
Australia
148 Posts |
that's a good one, but I doubt if I could live up to that name. Good name for Nancy though
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Valued Member
180 Posts |
Have these been seen in mint rolls or mint sets?
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Pillar of the Community
Australia
1005 Posts |
Hi Deano,
That is an interesting question!
It would be great to find one in a mint set!
I do not think you can get mint rolls unless they are produced for collectors.
I have not heard of them being in mint sets.
I suspect there are none in mint sets because coind in mint sets are many times more likely to be spotted, both by mint staff and collectors. They are looked at much more closely by everyone, and they are packed with the designs upright, so rotation will stand out.
It seems most likely that only 1 set of dies was incorrect and I am not sure if mint sets would get made up from the same coins that go into circulation, but I suspect mint sets are produced separately to circulation coins.
Maybe someone else can confirm this?
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Pillar of the Community
 Australia
1244 Posts |
I checked several 2010 COA coins at the ANDA coin show hoping to find a super special coin but none of them were rotated, a person had an entire page of 30 from mint sets, and anther person had about 6 from mint sets.
None were rotated and I suspect that you won't find them from mint sets.
The dies they use for mint sets and circulation coins are used differently (mint set coins are stamped twice and with more pressure for a sharper picture and are manually placed in the mechanism by hand, at this point quality control standards should work.) circulation coins are pumped out automatically by a machine.
As this was human error, you can guess it was only the one die arrangement that produced these, the question is did they do an entire circulation production run with the dies miss aligned or did they spot the problem and correct the mistake.
This is almost as good as the incused 50c mistake, as it was assumed that a worker put the incused die meant for mint sets in the circulation production run. At that point they had to go with it as they couldn't use it for the mint sets.
Just proves that the mint don't train there workers properly, most of them probably don't even speak English, I have seen so many poorly handled coins and damaged packaging, I believe that they just don't care about quality control.
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Pillar of the Community
Australia
1244 Posts |
No1. silverstackers No2. ozcoins No3. Australian coin No4. Squire Wilson No5. idealinformationtechnology Item number: 280843713232 **NO SALE** ($150 + $6.95post) No6. The Coin Hunter No.7 nancyc No8. The Coin Hunter No9. The Coin Hunter No10. padstowcoincentre Item number: 200788854001 **SOLD** ($99 + $5post) No11. walktheunicorn Item number: 251109251676 (TBA) |
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Valued Member
Australia
490 Posts |
in aUNC/UNC I can see $99, maybe even a little more, but in circulated condition, $25 for average to $50 max for a nice one (same as the incused).
i suggest that there was one die run so there is up to (approx) 200k coins.
as this was likely to occur at installation of the die rather than mid-run (same as the incused) it is likely that a whole run was completed (as this is a hard error to spot, especially if you were a mint employee looking into a hopper of freshly minted coins).
it is most likely that they all went into circulation (as with the incused) as a mint set specimen run would be more thoroughly checked, and as these have been found in circulation, and if my hypothesis above is correct that it was all from one run, it is most unlikely that same run went into sets.
hence why a premium on aUNC/UNC (same as the incused).
thoughts?
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Formerly nancyc
Australia
5385 Posts |
steve, Sounds OK to me, and I'd go along with most of what you say. If I was going to fork out $99 for one, it would need to be in spectacular condition.  life is a mystery to be lived not a problem to be solved
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Pillar of the Community
Australia
1244 Posts |
Yep sounds spot on.
I guess we won't really know the figures of how many are going to turn up for a few years, just like the incused.
Incused price seems to be the price to aim for at the moment, but I would love for it to be as popular as the dollar mule.
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Pillar of the Community
Australia
4411 Posts |
If anyone has one they would like to sell I would LOVE one. Just not for $99.... Please please PM me  |
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Pillar of the Community
Australia
1005 Posts |
It seems that supply is low and demand is high.
That usually means price will be higher than most people would pay.
I dont want to sell, but what about the offer from TCH for $70?
Edited by ozcoins
07/18/2012 11:45 pm
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Valued Member
Australia
490 Posts |
demand seems high because these have only recently been identified, wait till they are turning up all the time on ebay and watch the price drop... |
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Valued Member
Australia
490 Posts |
sorry  not meaning to rain on your parade...  Edited by steve - Oz 50c man
07/19/2012 12:28 am
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Pillar of the Community
Australia
1005 Posts |
No worries.
Supply may well change and being patient may be the best thing to do if you want one.
The number of these is anywhere from "dollar mule" numbers to "incuse 50c" numbers (as they are both "single die" varieties).
They have been known for some time now, and not that many have turned up so far.
For a while, I thought that since I have found a few, they might not be rare, but apparently 1 person found 400 dollar mules early on, so I have no idea.
Only time will tell what the price settles at.
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Pillar of the Community
Australia
1005 Posts |
Just checked dates and the silverstackers post about the 2010 rotated 50c was march 2011. That is where I learned about them. I made my first post about them here in Feb 2012. I am not sure when the magazine article was printed. There have also been 3 listings on ebay that I know of. I would expect that most noodlers were aware of them by now. What do you all think? How fast do these things get taken out of circulation? |
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Pillar of the Community
Australia
4411 Posts |
Incuses and Mules are still being found
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Replies: 54 / Views: 9,134 |
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Posted 05/09/2012 09:19 am
