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 Replies: 9 / Views: 3,230 |
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Press Manager
 United States
1420 Posts |
Australian Coin Collecting Blog - The media and the public embraced our article from last week about the dollar coin you can find in your pocket that could be worth $1,000! This has sent people into a frenzy checking jars of coins, money boxes, spare change in the top drawer and coins in their pockets. Sellers have rushed to ebay listing up the 2000 dated dollar coins without having really grasped the crux of the story. I guess they heard "valuable coin..la la la..2000 dollar.la la la" because ebay is awash with year 2000 Mob of 'roos dollars being sold as mules that are regular standard dollar coins worth face value of a dollar. Be careful buyers if you are headed to ebay to add this mule to your collection that the coin you are purchasing is really a true mule coin.  Read the Entire Article
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Pillar of the Community
United States
3470 Posts |
Looks like the mule was beat a little less.
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Valued Member
Canada
496 Posts |
So is the stepped rim the easiest way to ID the Mule?
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Moderator
United States
54282 Posts |
Edited by nss-52
03/15/2017 2:05 pm
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Pillar of the Community
 United States
3058 Posts |
Good read! I am on the search!
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Valued Member
Australia
248 Posts |
Quote:
So is the stepped rim the easiest way to ID the Mule? It's necessary, but not sufficient, because some of the ordinary coins also have a stepped rim around part of them. The real key is the size of the die used to make the obverse, which is about 1mm smaller than normal.  |
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Pillar of the Community
United States
1699 Posts |
That'd be a tough one for non-coin people to differentiate! Cool error.
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Pillar of the Community
Australia
552 Posts |
Funny how the media goes to extremes in pricing - high grade yes but what are chances of a high grade sample of this coin still in circulation today? Unless it has been in some vault for years untouched - ordinary samples are going for $600 - $900
They call that hype I think
Edited by mrcruise
03/17/2017 11:19 pm
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Valued Member
Australia
95 Posts |
But what I would like to know is whether this recent publicity would up the price. For example, if it was worth $1000, and it was given publicity, would it then be worth maybe $1200?
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Pillar of the Community
Australia
908 Posts |
Quote:
But what I would like to know is whether this recent publicity would up the price. For example, if it was worth $1000, and it was given publicity, would it then be worth maybe $1200? I've seen some recent sales where $1 mules have sold for 50% - 100 % more than they would have sold for 6 months ago but the market hasn't caught up across the board yet although the hype has certainly made a difference Edited by stevo1962
03/18/2017 07:18 am
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Replies: 9 / Views: 3,230 |
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Posted 03/15/2017 1:57 pm
