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1999 Toonie Mule

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Valued Member
guppie1160's Avatar
Canada
307 Posts
 Posted 07/25/2010  1:30 pm Show Profile   Bookmark this topic Add guppie1160 to your friends list Get a Link to this Message Number of Subscribers
was just wondering if anyone had a mintage for this coin
Valued Member
malibu's Avatar
Canada
304 Posts
 Posted 07/25/2010  6:17 pm  Show Profile   Bookmark this reply Add malibu to your friends list Get a Link to this Reply
Based on current pricing of $150+ for the mule I'd guesstimate there are a few hundred only. Note you can also buy the 24k gold plated version for $27 on ebay so be careful of "fake" mules made of gold! Some background info:

RCM included some $2 Nunavut Millennium mules into its standard seven-coin Uncirculated sets (referred to by collectors as Proof-Like sets). The $2 Nunavut piece was struck for circulation, Proof-Like sets and specimen sets on a standard, bimetallic, nickel-aluminum bronze planchet. The obverse and reverse dies used to strike these coins include a raised border (on the coin) that surrounds the inner core. The raised border aids in the funneling of metal into the interlocking mechanism used by the RCM to secure the outer ring and core. The planchet for the sterling silver version is of one-piece construction and contains a gold overlay to the central area normally occupied by the core, thus no interlocking mechanism or border is necessary. While the obverse used to strike the sterling silver version has a raised border around the core area, the reverse does not.
Valued Member
guppie1160's Avatar
Canada
307 Posts
 Posted 07/26/2010  7:39 pm  Show Profile   Bookmark this reply Add guppie1160 to your friends list Get a Link to this Reply
thanks malibu

I forgot to mention mine is in a PL set so pretty sure it is authentic I have never found the mintages listed anywhere though thanks for the info it is always great to learn the history
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1cent's Avatar
Canada
1051 Posts
 Posted 07/28/2010  9:29 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
The Nunavut PL sets did not have a sequentially numbered COA, so there is basically no way to
figure out exactly how many are out there, we just have to make a guess based on how hard they
are to find. Same goes for the 1973 large bust 25c, the 1999 25c mules, the millennium mule,
etc.
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yellow88's Avatar
United States
581 Posts
 Posted 09/11/2020  07:37 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
I was able to verify all that was written prior to my reply.

Wonderful info thank you.

The two aspects I think confuse most people (certainly myself) and most websites (even the ever wonderful coinsandcanada.com) are the key pieces of the puzzle which are below:

#1 RCM included some $2 Nunavut Millennium mules into its standard seven-coin Uncirculated sets (referred to by collectors as Proof-Like sets). Yes, you are correct as these are the super rare coins.

#2 No mintages but that is logically understandable.

guppie1160 is definitely correct. When you see the real deal you DEFINETLY know it.

You could line all versions obverse up in a row and pick it out in a heartbeat. I think just about anybody could. It is that special.

Thanks!

P.S.- In the old'n days I believe this type of error/mule were called "Handsome Mules".

1999--Toonie-Mule
1999--Toonie-Mule
Edited by yellow88
09/11/2020 07:44 am
Pillar of the Community
Canada
5324 Posts
 Posted 09/11/2020  09:10 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
They and the large bust RCMP quarter is far from rare if they sell for 250 to 500 bucks all the time
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yellow88's Avatar
United States
581 Posts
 Posted 09/11/2020  11:19 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
Your statement's logic is obviously flawed, but it does not mean that the conclusion (the two coins not being rare) is wrong nor that I disagree, but rather the statement of "they sell for 250 to 500 bucks all the time" is not a valid argument.

Premise, validity of claims, logical reasoning, rational conclusions are lacking or absent.

I am commenting not for provocation sake but quite the opposite. The intent is to hopefully avoid potentially dampening the fun and enjoyment collectors derive from this wonderful hobby. A productive rational discussion could be very fruitful in outcome.

There are many thousands of intelligent people possessing many thousands of years of valuable experience on this wonderful forum whom could engage is positive discourse for the benefit of the hobby.

(WHICH REALLY NEEDS IT RIGHT NOW).
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papeldog's Avatar
Canada
1923 Posts
 Posted 09/11/2020  12:05 pm  Show Profile   Bookmark this reply Add papeldog to your friends list Get a Link to this Reply
I think in regards to the 1973 25 cent large bust they are fairly common in PL or SP. The Mint State ones are the harder ones to find but I don't think they are rare only in the high grades.

same as the 1999 $2.00 mule not rare but seldom come up for auctions I've owned 2 of these sets the first one I paid around $100.00 way back when and the second I come across in a pawn shop bought at regular price great deal.

As for mintage I think the closest you will get is an educated guess?
Pillar of the Community
Canada
5324 Posts
 Posted 09/11/2020  12:42 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
A rare coin does not sell for 500 bucks, even in Canada, take a 48 dollar there was about 19000, even a lousy one goes for close to a thousand dollars, 2000P caribou 25 cent is rare, like 2 known sold for close to 50,000. These two mules cones up for auction all the time at the mentioned prices, value and rarity usually goes hand in hand
Pillar of the Community
Canada
5324 Posts
 Posted 09/11/2020  12:54 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
The other issue is more info for collectors the better for the newbies, a few years ago at a local smaller show someone was directed to me regarding the 1999 toonie mule set as per value, I told him there was lots of them and at that time Canadian Coin and Currency had like 4 to 5 of them for sale on their website graded at 300 to 500 dollars. The dealer at this show wanted 500 dollars, he got the set for 225.00
Valued Member
Canada
234 Posts
 Posted 09/11/2020  1:42 pm  Show Profile   Bookmark this reply Add SP67 to your friends list Get a Link to this Reply
The price is not only a question if the coin is rare or not, or how many have been produced.
We also have to consider the supply and demand. With no demand and many offers, this price will drop...

This mule set is a good addition to any collection. Many collectors are ready to pay a premium. And the dealers stock is quite low for this set.

Many years ago I read that about 300 mule sets has been produced... Unfortunately I can't find anymore my source of information. So do not consider this number as official .

BTW, I was lucky to get 2 of them from the Mint.
Pillar of the Community
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Canada
9865 Posts
 Posted 09/11/2020  1:58 pm  Show Profile   Bookmark this reply Add DBM to your friends list Get a Link to this Reply
There are usually half a dozen for sale on ebay at any given time.
I believe there's one set been lingering for a while at $250.
Draw your own conclusions from this re: rarity and value.
"Dipping" is not considered cleaning...
-from PCGS website
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