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 Replies: 16 / Views: 12,757 |
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Pillar of the Community
Australia
1014 Posts |
Has anyone heard of this? Is this a GENIUNE mule? Apparently all 2005 coins were released in commemorative, but I have this 2005 with 5 kangaroos on it... Is this a variety or error or just something common?
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Pillar of the Community
Australia
2830 Posts |
Dancing Man = 34.2 million
Mob of 'Roos = 5.8 million
There is a story that a DM die needed replacing, but there were no DM dies ready, but plenty of MOR dies, so MORs started appearing. So the story goes, once this came to light, it was decided to continue, although it was not originally intended that there be anything other than DM in 2005. I don't know if anyone has asked RAM if they have a view or explanation of the matter.
Peter in Darwin
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Pillar of the Community
 Australia
1014 Posts |
So what is the value of this coin? Is it worth much? Thx Peter for yet again the amazing explanation... :D
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Pillar of the Community
Australia
1014 Posts |
I guess its not worth much, but I'm just a curious kid...  |
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Pillar of the Community
Australia
1091 Posts |
If it is "Proof" 2005 dollar with the Mob of Roos on the reverse then it's worth about $3,500. The mintage of the Proof was @ 20 to 40 of these coins and it was released in the 2006 proof set (instead of the 2006 proof dollar coin)
But the mint then produced nearly 6 million of the circulating dollar, so the odds are you have one of those coins
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Pillar of the Community
Australia
3831 Posts |
Nah, I do have both the WWII and the normal coin. Wasn't that easy to find though despite its high mintage.
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Pillar of the Community
Australia
1014 Posts |
lol, I was looking through ebay this afternoon, and I searched 'mule' thinking I would come up with the 1/10c mule, instead there was also this mule type... So I was like 'ok' at first because I didnt know what it was cause I thought it was normal for all 2005 coins to have roos on it.. Then today at work, I got this 2005 coin from the customer and then it clicked my mind that all 2005 coins were meant to be WW2... It was a sudden realisation, but I'm glad that I went on ebay this afternoon.... |
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Formerly nancyc
Australia
5385 Posts |
You have to be aware that unscrupulous sellers try to increase their sales by use of the word "mule" in their ads. They are just ripping off un-educated, (coinwise) buyers. I usually keep a note of the sellers ID's & totally avoid them.
Unless your 2005 MOR coin is either a Proof, UNC or in exceptional condition, it's worth $1.
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Pillar of the Community
Australia
1014 Posts |
Mine would be AU to UNC... So I guess its a little over face value and worth keeping.. :) Thx nancy...
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Valued Member
Australia
206 Posts |
Yes, justa, give it a few years and your 2005 MOR $ will come into it's own. Mule, definitely not, but has an interesting story behind it and reasonably low mintage. Worth hanging onto high grade.
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Pillar of the Community
Australia
2830 Posts |
G'day, stumbled over one of the so-called 2005 $1 MoR "mules" on the 'bay this evening, and I quote:
"2005 $1 MULE ! - Mob of Roos ERROR !!
2005 Mob of Roos $1 Mule coin found in circulation.
The obverse 2005 dies were accidently mixed with the 2006 mob of roos reverse die.
This mule is referred to in McDonald Aust. Coins & Banknotes.
Don't miss out! This coin is a great addition for any collection."
Buy it now $4.99 - four available.
Bear in mind: these are taken from circulation, and are not in higher grades.
Peter in Darwin
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Valued Member
Australia
335 Posts |
It would appear (as the RAM will not verify anything about their production mistakes) that in late 2005 when the RAM was still producing 2005 WW2 $1 and commencing production of the 2006 MoR $1 that they mixed up the reverse or obverse dies and produced a 2005 MoR $1. On realising this had happen after coins had been released they produced a further 5 million to cover up mistake. There is no way to tell the circulation mule from the officially released issue. My understanding is if someone got a 2005 MoR $1 in Dec 2005 or Jan 2006, they may have the muled coin, any later and they would have the released coin.
It is all word of mouth as no offical statement has been forthcoming from the RAM on this or the 2005 Proof MoR $1, 2005 Proof Platypus 20c or the 2006 Silver Proof Ian Rank-Broadley obverse 2c - the three proof mules for the same period.
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Pillar of the Community
Australia
2830 Posts |
G'day,
my attitude to this rather curious state of affairs is -
I put aside plenty of DM $1 when they first appeared. The have deteriorated rapidly, in my opinion. I suspect because the large fields attract dings.
I have put aside all of the 2005 MoR that come my way. Recently, they have increased in frequency in Darwin, and are all near-unc. I suspect that they have been languishing in a vault somewhere.
Longer term, I suspect that Farnby will be proved correct. So, I'd advise Nancy to start putting them aside ...
Whilst I appreciate the logical force of what Brissy says, the problem remains that coins cannot tell much of a story. So, when I stare at a 2005 MoR, and I wonder if it was produced "accidentally", in the early stage, and therefore might be called a "mule" ...
OR, whether it was made later, "deliberately", and therefore not a mule ...
AND, I realize that I can't tell the difference, because both types are identical in appearance,
THERFORE, I do not regard the 2005 MoR as a mule;
BUT it is a low mintage, with a story behind it, and for the reason advanced by Farnby, worth hanging on to.
Peter in Darwin
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New Member
Australia
16 Posts |
Hi All,
Just a quick addition to this topic that may or not be relevant(but I thought I'd share anyway).
I bought some UNC 2005 MORs from Downies when they were released and after recieving them (and upon closer inspection), I found that most of the ones I bought had an 'error' (or similar). The top roo (you know, the small one at the top of the reverse) had little to no facial features. Looked a bit like a die fill or similar. I suspect, and only suspect, that this might indicate the first coins of the error run of the RAM for the 2005 MOR coin......
As I said, I'm no where near sure, but I'm hoping that it might be true. I hope it adds to the discussion. Has anyone else got a view on this?
Cheers!
CM.
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Formerly nancyc
Australia
5385 Posts |
I think I've got a few of these 'faceless' roos. I can't be 100% sure of the year, but from memory it's all 4 small roos that have no features.
I won't have time to check them until the week after next, but will try to remember to do it & post my findings.
life is a mystery to be lived not a problem to be solved
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New Member
Australia
27 Posts |
If you are young or tucking away coins for passing down to family - the 2005 has excellent appeal. Mintage similar to the 72 and 73 50c coins that now do very well if they are in good grade. I don't believe it's a mule, pity they covered up - would have been too much to have two mules from the same decade circulating! + as it's been stated here already - a coin with a story is aways attractive and will be in demand later.
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Replies: 16 / Views: 12,757 |
Posted 01/22/2008 04:03 am
