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1999 Canada $2 Nunavut Specimen Mule? Value?

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yellow88's Avatar
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 Posted 05/11/2020  06:34 am Show Profile   Bookmark this topic Add yellow88 to your friends list Get a Link to this Message Number of Subscribers
1999 Canada $2 Nunavut Specimen Mule? Value?

I found this going through a bulk lot and thought it was gold. My excitement was quickly dampened upon learning it was not gold nor silver.

The pics aren't the best; especially the color.

So what do you all think? I've searched the board, ebay, and HA for value. I also searched the ol' google machine too. Not much luck.

Please shine some expert brilliance upon topic good people of Coin Community Forum.

1999-Canada-$2-Nunavut-Specimen-Mule?-Value?
1999-Canada-$2-Nunavut-Specimen-Mule?-Value?
1999-Canada-$2-Nunavut-Specimen-Mule?-Value?
1999-Canada-$2-Nunavut-Specimen-Mule?-Value?
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 Posted 05/11/2020  06:59 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
What do you think the anomaly is?
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Blind Squirrel's Avatar
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 Posted 05/11/2020  07:49 am  Show Profile   Bookmark this reply Add Blind Squirrel to your friends list Get a Link to this Reply
The best I can tell you is to look at this link.

https://www.coinsandcanada.com/coin...-1999&years=
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 Posted 05/11/2020  08:34 am  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
CaC is not always a good reference. They made both types that year .. the normal polar bear and 25 million of the Nunavut ones. Yours appears to be what CaC considers a "mule", but mintage figures from the mint are suspect at best. Even if only a few thousand were minted, they were all P/L and maybe many more minted than there ever will be collectors. I'd keep it as an example of an oddity, but I wouldn't hold your breath about getting a huge profit on, unless you can get a newbie to bite.
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 Posted 05/11/2020  08:59 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
The mule version is worth about 200 bucks if you can find a buyer, there just seems to be a lot of them out there.
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 Posted 05/11/2020  09:28 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
OK. That's cool.

Thank you all. It is reassuring that its value is at least greater than face and I love numismatic oddities so that's perfect.

Whilst searching this forum I read that some members have happened upon unsavory characters attempting to sell the Nunavut toonies that were struck in precious metals (for collectors) as the error mule coin.

I thought that was interesting as well as disconcerting.
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Canada
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 Posted 05/11/2020  10:21 am  Show Profile   Bookmark this reply Add SP67 to your friends list Get a Link to this Reply
Nunavut mule is only available in the Uncirculated Set (Proof-like).

74 821 sets were produced in total (normal and mule versions), but we don't know how many mules were distributed.
I already read there could be less than 500 of them produced.

The Mint operator used the wrong die (designed for Proof coin) to produce some of these coins.
Edited by SP67
05/11/2020 10:42 am
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 Posted 05/11/2020  10:55 am  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
They sell for $200 on ebay.
Those priced higher languish forever.
I watch them hoping for the price to come down, it doesn't, they seem to be quite stable at the $200 mark.
yellow88 keep in mind that's about $140US
"Dipping" is not considered cleaning...
-from PCGS website
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Canada
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 Posted 05/11/2020  11:27 am  Show Profile   Bookmark this reply Add SP67 to your friends list Get a Link to this Reply
This price has been quite stable over the last 20 years.

Maybe a little bit more for the full PL set or certified Mule.

I was lucky to get two of them from the Mint

It's a nice set for any collection.
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 Posted 05/11/2020  12:49 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
Unless the mint has methodically changed their habits, they sometimes use their P or P/L dies if they need them for circulation strikes, rather than making a few more dies, if needed. That's what I have been told from time to time, as well as previous posts about other coins that were struck from dies that started out for other, better purposes.
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 Posted 05/11/2020  4:30 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
it would have been nice if it was still sealed with the set.. and yes the sterling version with gold plated inner core, looks identical.
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