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Mule Of 2 Observe Dies NZ 5 Cent

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triplestruck's Avatar
24 Posts
 Posted 10/22/2012  11:52 am Show Profile   Bookmark this topic Add triplestruck to your friends list Get a Link to this Message Number of Subscribers
any thoughts on the value of this particular and rare Mint error?

Mule-Of-2-Observe-Dies-NZ-5-Cent

Mule-Of-2-Observe-Dies-NZ-5-Cent

Mule-Of-2-Observe-Dies-NZ-5-Cent
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triplestruck's Avatar
24 Posts
 Posted 10/22/2012  12:02 pm  Show Profile   Bookmark this reply Add triplestruck to your friends list Get a Link to this Reply


Mule-Of-2-Observe-Dies-NZ-5-Cent

Mule-Of-2-Observe-Dies-NZ-5-Cent
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triplestruck's Avatar
24 Posts
 Posted 10/22/2012  12:06 pm  Show Profile   Bookmark this reply Add triplestruck to your friends list Get a Link to this Reply
I can't speak of the actual grading as I prefer NGC , PCGS or ANACS, it may very well be a tack less than an AU-58 , maybe a AU-55 but I really wonder what it may be worth?
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triplestruck's Avatar
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 Posted 10/22/2012  12:14 pm  Show Profile   Bookmark this reply Add triplestruck to your friends list Get a Link to this Reply
If anyone wonders about "what a Mule Mint error is?" check it out here:
http://en.wikipedia.org/wiki/Mule_(coin)
this type of coin also has another form of name , most of the time called a "double head" if it has 2 of the same observe or "double tail" if both parts are the reverse of a coin or in this example it could be called a " 1974 NZ struck with 2 Observe dies".
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ErrorCoins222's Avatar
United States
1699 Posts
 Posted 10/22/2012  4:52 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply
Didn't this one just sell for $500+? Seems like a strong price, atleast compared to some of the euro mules that have been selling. How many are estimated to exist?
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triplestruck's Avatar
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 Posted 10/24/2012  5:32 pm  Show Profile   Bookmark this reply Add triplestruck to your friends list Get a Link to this Reply
I couldn't find any other examples.
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Canada
5324 Posts
 Posted 10/24/2012  5:51 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
i would only buy a 2 headed or tail coin that was graded by ngc or pcgs there are a lot of manufactured two headed coins as novelites and are done really well.
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biokemist6's Avatar
United States
12437 Posts
 Posted 10/24/2012  6:04 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Heh, I would be deathly afraid of it being a garage job as NNC is not an actual TPG(self-slabbing seller) and should not be trusted for grade or authenticity.
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Windchild's Avatar
Canada
1411 Posts
 Posted 10/24/2012  6:23 pm  Show Profile   Bookmark this reply Add Windchild to your friends list Get a Link to this Reply
There is a known 20c New Zealand double head mule. I can't find a New Zealand 5c double head mule.
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triplestruck's Avatar
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 Posted 10/24/2012  6:29 pm  Show Profile   Bookmark this reply Add triplestruck to your friends list Get a Link to this Reply
NNC don't have issues with Authenticating a coin being genuine or not but they do have issues with grading and that is a fact.
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enworb's Avatar
Australia
4411 Posts
 Posted 10/31/2012  8:42 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
I would crack it out and send it to pcgs or ngc. Its likely to have much better resale if its in one of their slabs as a genuine error.
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triplestruck's Avatar
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 Posted 10/31/2012  8:52 pm  Show Profile   Bookmark this reply Add triplestruck to your friends list Get a Link to this Reply
I haven't received it yet and exactly what I was thinking of doing, however, I was also thinking of just sending it back for a refund, I'm not too proud of the slab and NNC won't refund you if you pop it out the slab. By the looks of it, it may very well be about unc but I'll just have to see it with my own 2 eyes and than I'll decide to return it or not. It's a bit scary purchasing coins from them ,I am well aware that they grade their coins by at least 5 or 7 notch up but what I'm really afraid of is if it's genuine and that I can't tell unless I take it out of the slab and see it for myself so this one I kinda regret of purchasing. I probably will send it back.
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biokemist6's Avatar
United States
12437 Posts
 Posted 11/01/2012  01:00 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Recent example of the problems you can encounter when dealing with expensive coins and NNC "slabs"- https://goccf.com/t/131291
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ErrorCoins222's Avatar
United States
1699 Posts
 Posted 11/01/2012  9:27 pm  Show Profile   Bookmark this reply Add ErrorCoins222 to your friends list Get a Link to this Reply
Sorry, I had assumed that this was a varified error already with possibly other examples known. Try and work out a deal with the seller to allow you to examin the coin out of slab and send it back if you find that it is a counterfeit. It's always worth a try; some sellers are truelly understanding. I'm not sure how this works if you do return it, with weird ebay rules and all, but it would be worth looking into.
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