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1974 S$10 Map Mule Coin

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Pillar of the Community

Canada
798 Posts
 Posted 06/24/2017  9:09 pm Show Profile   Bookmark this topic Add JGG to your friends list Get a Link to this Message Number of Subscribers
Apparently NGC has certified two of these coins in MS69. Has anyone ever seen one?
What is the story behind this die mix up? Where were these coins mostly found (Germany for some reason?)?

Does anyone own one?

Does anyone know the mintage? I've read somewhere that there are 320 pieces ...

I just bought one in Bremen, DE and sent it to NCS for conservation. It has some hazing on it. Will post pictures when they are done with it.
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commems's Avatar
United States
12266 Posts
 Posted 06/24/2017  10:31 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
True, NGC has certified two in MS-69, but they have also graded 20 others in grades ranging from MS-63 to MS-67. Of these, seven have been assigned grades of MS-64 and five have been given an MS-65 grade. PCGS has also graded >20 mint state examples of this mule.

I would treat the 320 number as an estimate of mintage vs. an absolute figure - while Canadian Coin Digest lists such a mintage, the Charlton Catalogue lists the mintage as "unknown" (at least in the most recent copy I own). I'd be surprised if the RCM knew exactly how many were produced.

One sold at auction a little more than a month ago for $470 USD; it was graded SP-66 by PCGS; another (an NGC MS-64) sold back in November for $423 USD. A recent ebay sale at a higher price seems to be an anomaly.

The European connection is a result of the coins being part of sets that were sent to Europe to be marketed there by Lazard Freres, a Paris-based financial management and investment firm. LF was an international marketing partner to the RCM for the Montreal Olympic coins and handled European sales.

I look forward to seeing your coin once NCS returns it.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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darryldarryl's Avatar
Canada
2425 Posts
 Posted 06/28/2017  06:24 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
I purchased one on ebay about 8 years ago for $185 US Dollars. I sent it to PCGS for grading and it came back MS67.
I sold that coin about 12 to 16 months ago on ebay for $1000 Canadian.
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