2000 $1 Mule

Someone I know found a mule recently and suggested they had been through 100,000 coins in the last 2 years since finding their last. This included 12,000 odd at that time for that (recent) find. This is serious mule looking noodling stats. But then people have been known to find a mule in change.

A common quote comes to mind...

"The more you look, the luckier you get"

I have been lucky finding both a "66 wavy" and a "dollar mule", relatively early in my searches for each of them.

Statistics are a funny thing.
If you look at LOTS and LOTS of coins, then the statistics matter, but until you have looked at statistically significant numbers, its all just luck.

There will also possibly be different distributions of coins in different areas - it certainly seems that way to me. For example, I looked at a lot of 50c coins trying to find the year 2000 with the incused flag. My strike rate finding them (in Sydney) seems to have been very low.

I have read that the 2000 $1/10c mule was distributed in Perth. If that is correct, your odds there may be higher than on the east coast of Australia (however it has been a long time since 2000, so you would expect coins to move between areas in that time).

To try and answer your question.

If you got 1000 coins, you are unlikely to find a mule.
If you get 10000 coins, you are still unlikely to find a mule.

This is based on both what I have read from people who have shared statistics on finding them, and my own searching.

Does that help at all?

"You never know the next $1 coin may be a mule!"

Absolutely!

Good luck!

I found a mule in my change the same day I was told about them. That started my coin collecting. I got a second one a week later in my change. Then (after inspecting every coin that passed through my hands, found a third one three years after that. Have not seen another for the past four years at least. Always looking though!!