1998 $2 Mule ? - Page 2 - Coin Community Forum

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skippyrob New Member Australia 15 Posts	Posted 11/20/2013 9:41 pm Thank you all very much for the input, I do appreciate it :-). as for the reeded edge, yes it does have a reeded edge. I am inclined to agree that is could be a fake, my only reply to that is why the heck anyone would go through all that drama for something worth $2, makes no sense to me. (mind you, there are strange people out there as we all know). Again, many thanks to everyone who replied . Report this Post to the Staff
enworb Pillar of the Community Australia 4411 Posts	Posted 11/20/2013 10:50 pm There are tonnes of fake $2 coins in circulation. Dont for a minute think that its not worth it. These things are never made on there own but would almost always be produced in the 1000's. It adds up pretty quickly. The $2 is a perfect target because its small in size but worth quite a bit still. Report this Post to the Staff
nealeffendi Pillar of the Community Australia 852 Posts	Posted 11/21/2013 8:39 pm OMF Are you sure that the metal for the $2 is refined/processed in Australia? IIRC the one dollar uses the same alloy and a bimetal coin (foreign blank) turned up a few years ago because the blanks came from Korea. I assume that Korea also supplies the $2 blanks. Report this Post to the Staff
oh my florin Pillar of the Community Australia 1006 Posts	Posted 11/21/2013 10:16 pm I am quite sure nealeffendi they generally occur domestically because the RAM produces coins as well for foreign countries but it has been quite a while since the last coin was not intentionally struck on a different planchet. Anyway Australia produces an absolute ton of metals including Iron, Copper, Nickel, Aluminium as well as being rich in a number of other areas coal, uranium, diamonds, opals etc. Australia is very much the mine of the world Report this Post to the Staff
gxseries Pillar of the Community Australia 3831 Posts	Posted 12/05/2013 8:35 pm 2 dollars is worth a fair bit - in fact the RAM finds 2 dollar coin the most profitable to strike and so do the counterfeiters. The cost of the metals if I remember correctly were worth less than 10 cents plus or minus and if you mass produce it, it can be profitable. Bear in mind - I found a Chinese 1 yuan coin, face value worth mere 12 US cents which is a counterfeit. I don't see why a 2 dollar coin is not profitable. My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
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