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 Replies: 13 / Views: 2,782 |
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Locked
822 Posts |
HBA = High Bid Alert: I thought it would be interesting to post items from ebay with a crazy number of bids for discussion. We can oooh and ahhhhh or maybe even spot a fake here and there. I picked 50 bids as a "crazy" point since there's only 7 items right now with that many bids. $500 1934A CHICAGO MULE PCGS VF20 FANTASTICFor example, this one has 53 bids and is at $500.32 with 8 days left! |
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Pillar of the Community
United States
3345 Posts |
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Valued Member
United States
407 Posts |
Although a fun premise, I really wouldn't want to delve too far into such a discussion. I've seen such things before, and it's always amazing. It seems that you have a couple of different things that go on - very inexperienced bidders who bid in small amounts A BUNCH OF TIMES, and what are probably shill bidders. This auction appears to be the former. It looks like someone who came in while there was an initial bid and then bid on it, then bid again, each time a five dollar increase, and never got top bid and finally gave up at fourfiftywhatever, after about 50 bids. It could have been a shill bidder too, hard to tell. And I've never found it worth the effort to try to figure it out. When I see such silliness, I simply move on.....
Steve
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Pillar of the Community
United States
1397 Posts |
Quote:
What's a mule? It is basically where the back plate number is the wrong size. This can happen a few ways. There could be reverses printed for one series that have the fronts printed for a different series, or because old back plates are used with new front plates, or because the plates are switched between Fort Worth and DC by mistake. |
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Pillar of the Community
United States
2424 Posts |
are mules worth more? seems like a common occurrence when explained
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Pillar of the Community
United States
1397 Posts |
People use the term "mule" as a selling point but there are instances where the mule is more common than the regular note, but as a rule the mule will get more attention. Me personally? I think they are more hype than anything else and when I see one for sale I pass on it. But that is just me  |
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Pillar of the Community
United States
1205 Posts |
interesting topic...ebay has a lot of things to be cautious about, for sure
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Rest in Peace
United States
9104 Posts |
Quote:
What's a mule? 1) An ebay seller that refuses to listen to reason? 2) In numismatics, a piece with different denominations or designs on opposite sides, like the 62.5¢ piece of a few years ago. Instead of explaining the specific (and not obvious) mule, this seller buries us in a primer on paper money full of unrelated info, in too-big type that doesn't fit the page. |
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Pillar of the Community
United States
1397 Posts |
Quote:
2) In numismatics, a piece with different denominations or designs on opposite sides, like the 62.5¢ piece of a few years ago. You are describing a double denomination, not a mule. |
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Pillar of the Community
Australia
652 Posts |
The reading material attached to the auction made for interesting reading. However, what it had to do with the note being was not explained. Or maybe I simply missed it :-)
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Pillar of the Community
United States
1397 Posts |
Mr. Lipka is known for his colorful descriptions that often don't tell you much about the note. He is however one of the big guns on ebay's currency section. |
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Rest in Peace
United States
9104 Posts |
5man-
what's the differemce?
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Pillar of the Community
United States
1358 Posts |
I guess the different-denominations-on-both-sides problem has different names in coin and paper money collecting.
In paper money: double denominations.
In coin: mule.
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Pillar of the Community
United States
1397 Posts |
Quote:
5man-
what's the differemce? Allow me to quote myself from a few posts up, mules in currency are all about the plate numbers. Quote:
It is basically where the back plate number is the wrong size. This can happen a few ways. There could be reverses printed for one series that have the fronts printed for a different series, or because old back plates are used with new front plates, or because the plates are switched between Fort Worth and DC by mistake. This is a mule note because it is a new 1963 face plate printed with a 1957 B Silver Certificate back plate:  The idea of a "mule" is that the two plates are from opposite sides of a transition. There was a change made to the plates (for the large-size mules, the plate number location; for the small-size mules in the '30s, the plate number font size), and a "mule" is a note that was printed with a face plate from before the change but a back plate from after the change, or vice versa. After a while, all the old plates finally wear out, so mules stop being printed--they're a transitional variety. But a mule can also happen if the plates are switched between facilities, such as the "295" error. Today's Fort Worth notes have plate numbers of different sizes, but that's just because the enlarged back plate number is used to distinguish Fort Worth plates from Washington plates. The FW notes that have back plate 295 were supposed to be used at the Washington facility and are mules due to the micro number on the FW note. Edited by Nickelman
10/18/2011 09:10 am
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Replies: 13 / Views: 2,782 |
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Posted 08/30/2011 6:38 pm
