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Do "Mule" Coins Ever Increase In Value?

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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 02/24/2011  2:52 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Topps created the world's rarest baseball card. Limited edition, only ONE made, numbered accordingly. It was offered on ebay, and sold for around $35.00.

Why? Except to say you have the only one, who cares? It'll never be considered to be part of any set, including a set of that team or player. So you have the only one? Guess what? You're the only one interested in it.
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1cent's Avatar
Canada
1051 Posts
 Posted 02/24/2011  9:24 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
Popularity (demand) drives prices more than rarity, as mentioned. A 1995W US silver eagle had a mintage of 30,000+, and sells for thousands of dollars. A 2006 Canadian gold twoonie had a mintage of just over 2000, and sells in the $500 range. The 2000P 10 cent, along with the 1948 dollar, are some of the most over-rated Canadian coins out there...but people all want to own one, and it drives the price into the thousand(s).
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Canada
1248 Posts
 Posted 02/24/2011  10:04 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
1cent... these are NOT mules...
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sel_69l's Avatar
Australia
21788 Posts
 Posted 02/25/2011  12:23 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
One of the best examples of a mule coin is the New Zealand / Bahama Islands 2c, I think that was struck by The Royal Mint. The production run finished for this coin at the end of the die life, at about 80,000 examples. All of them were accidentally issued. The mistake was only revealed then they were discovered in circulation.
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1cent's Avatar
Canada
1051 Posts
 Posted 02/25/2011  10:55 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply

Quote:
1cent... these are NOT mules...


Yeah sorry about that, I have a habit of going OT.
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Canada
1248 Posts
 Posted 03/01/2011  11:36 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
How about the Canada / New Zealand $1 1985 Mule?
if anyone wants to see it... I had one and still have Images.
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jimgimli's Avatar
Canada
39 Posts
 Posted 03/02/2011  01:19 am  Show Profile   Bookmark this reply Add jimgimli to your friends list Get a Link to this Reply
show us your mule HHB
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 03/02/2011  02:00 am  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

Cool, I never knew about the Canada/New Zealand.

http://rightclickhome.com/Numis/mic...d%20Mule.htm

That page has a rather reasonable explanation for the whole thing. Someone goofed. Tried to retrieve all the goofs. A few got through.

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Canada
1248 Posts
 Posted 03/04/2011  1:38 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
ok guys here it is.
However, it is not mine any longer as I sold it to a BC collector for really good money.
But the images are still mine.
enjoy looking at it. ICCS graded and verified it as an MS-60/

Do-

Edited by hhbkiddo
03/04/2011 1:49 pm
New Member
United States
4 Posts
 Posted 03/04/2011  9:29 pm  Show Profile   Bookmark this reply Add deerhunter2 to your friends list Get a Link to this Reply
As with ANY numismatic item........demand will drive the price.......suppy will decide where it rests........
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dialog_gvf's Avatar
Canada
1581 Posts
 Posted 03/05/2011  2:40 pm  Show Profile   Bookmark this reply Add dialog_gvf to your friends list Get a Link to this Reply

hhbkiddo: Good pic.

What is the current value of one of those?

I wonder if anyone in New Zealand collects these? I think it is considered exclusively a Canadian mule, since it occurred on a production line for Canadian dollars. Did the RCM make 50 cent pieces for NZ that year?

It seems to me Australians are far more into collecting mules than Canadians. Their mules seem to command very high prices relative to rarity (supply) and population (demand).

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jason13's Avatar
Canada
34 Posts
 Posted 08/25/2012  11:25 pm  Show Profile   Bookmark this reply Add jason13 to your friends list Get a Link to this Reply
I don't understand how mules are worth anything to anyone. They are a mistake and I would rather my self have a mint state beautiful old coin then a mule old coin for the same price.
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Canada
5324 Posts
 Posted 08/26/2012  12:07 am  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
the new zealand canada mule sold $5300.00 at july RCNA auction in calgary.
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darryldarryl's Avatar
Canada
2426 Posts
 Posted 08/26/2012  12:41 am  Show Profile   Bookmark this reply Add darryldarryl to your friends list Get a Link to this Reply
Supply and demand my friend!
Very few available and very many interested in owning = High $ Value!
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SPP-Ottawa's Avatar
Canada
10459 Posts
 Posted 08/26/2012  01:52 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply
I saw that coin in hand earlier this year. A coin dealer in Ontario consigned it to the RCNA auction. It was probably the baggiest certified MS-60 I have ever seen, so I decided that I will wait for the next on. These things seem to come up for sale every 4-5 years. I know one collector with three of them.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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