new australian $1 mule!

Discussion in 'Numismatics' started by serial, Aug 28, 2016.

  1. PT Cruiser

    PT Cruiser Active Member Silver Stacker

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    Had three '14 Anzac's in my change jar but no mules, the hunt continues!
     
  2. ashleyd123

    ashleyd123 Member

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    If there was such a thing would have been found a hundred times over by now, a one off or a fake imo.
     
  3. serial

    serial Well-Known Member Silver Stacker

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    do your research, it took a couple of years to find and identify the 2000 mule.
    http://www.australian-coins.com/error-coins/2000-1-10-cent-mule/
    but by all means don't look for it, I really care not if you don't as that will leave more for me in WA
     
  4. Junk Silver

    Junk Silver Member Silver Stacker

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    Checked 26 but didn't find any
     
  5. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    I know somebody who has a big bag of $2000 :cool:
     
  6. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Well until it has been seen by a few more people or been sent off to a third party for authentication then it could of course still be a fake.

    As to having been found a hundred times over by now, not necessarily.

    It is obvious that the whole run wasn't a mule, so only a percentage of the 21,800,000 will be affected. I have looked at a couple and I have several unchecked rolls but I haven't systematically been checking ever one I have come across.

    Many other collectors could have looked at thousands of them and not found a mule and then given up as new coins came out.

    Maybe the mint workers noticed the error after a few hundred were made and only a tiny fraction of the errors were not recovered.

    I won't be cracking open any of my rolls until there is further confirmation or an estimate of numbers.

    Nice if the RAM could authenticate it.
     
  7. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Seeing as I have absolutely no idea as to the differences I'm looking for, can anybody tell me if this is a mule or if there are any ways I can determine this myself in future. Its the 2014 ANZAC.

    Cheers.

    [​IMG]
     
  8. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    Thanks for that info. Should make it a little more rather obvious for future determinations.

    Cheers.
     
  9. SULLA

    SULLA Member Silver Stacker

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    $1 coins come in sacks of 500.
    25 bags per sack.

    $2 coins come in sacks of $2000


    :)
     
  10. chicken12

    chicken12 Member

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    Has it been confirmed that this is legit?
     
  11. serial

    serial Well-Known Member Silver Stacker

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    Not yet but it is not uncommon for many in the numismatic community to be quiet about things like this till they have gathered as many as they can 1st. Personally I like to share the knowledge so we can flush as many out as possible before they get to beat up in circulation.
     
  12. chicken12

    chicken12 Member

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    Yes mate been looking but nothing so far, gone through a lot of 2014 Anzacs
     
  13. chicken12

    chicken12 Member

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    This been confirmed Serial? Or is it just a fake?
     
  14. serial

    serial Well-Known Member Silver Stacker

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    well its not a fake, the person who provided the image has no real reason to doctor an image and are trustworthy. The real question is if this is a mule or just an error. The original person hasn't returned with the coin for further inspection but they may have decided they want to locate as many as they can 1st in high grade before revealing the existence of them thus cornering the market.
    personally I am checking every one I see
     
  15. chicken12

    chicken12 Member

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    Yes mate every man and there dog is now looking for these, none been found as of yet tho
     
  16. SULLA

    SULLA Member Silver Stacker

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    Who told you that?
     
  17. serial

    serial Well-Known Member Silver Stacker

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    sorry mate they were discovered in the 40's but became "a national symbol" in the 60's so in a way your right saying they weren't commonly known till the 60's
    https://coinworks.com.au/The-1930-Penny-from-humble-penny-to-pot-of-gold.html

    "The accidental minting of the 1930 Penny was not discovered until the 1940s. Dealers responded to the discovery by offering to pay up to 10/- for an example.

    However it wasn't until the 1960s that the 1930 Penny became a national symbol. Newspapers were instrumental in creating that image, television played a lesser role.

    Lists of Australian coins and their market prices and headlines such as "Have you cashed in on Australia's coin craze yet?" and "A Penny could be worth 500" appeared in the 60s in the daily newspapers. The nation's rare coin market reacted in a frenzy as thousands cashed in on the opportunity to make big money."
     

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