A collection of "Errorsr"

Discussion in 'Numismatics' started by Austacker, Nov 5, 2012.

  1. Austacker

    Austacker Active Member

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  2. Austacker

    Austacker Active Member

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    Eorror #25

    Another clipped one but a lot earlier than any other I have. It appears to be original due to patina and wear. Also most people would not destroy a 3d a Penny / 1/2 Penny Yes but this one I doubt.

    [​IMG]
    [​IMG]

    Thanks for looking, anyone else come across some varieties ?
     
  3. metalzzz

    metalzzz Well-Known Member

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    where is the P? i cant see it
     
  4. Austacker

    Austacker Active Member

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    ^^^ :) the "P" is on the other side of the coin (you can't see it). What it is showing is how the pressure has left a raised part now on the other side near the "ET" in Elizabeth

    This is what caused the errors in the 1922 Penny error #2 same situation. More pressure on one side or inconsistent metals.
     
  5. metalzzz

    metalzzz Well-Known Member

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    right! i didnt know what or where i was looking then. I can see that now. Whats your view on the $1 mules? do you think the values will keep growing or just a big crock?
     
  6. Austacker

    Austacker Active Member

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    There hasn't been any real big lots found, so I tend to think most is in circulation. The $1 series is a very popular series of coins. However the $1 mule sits outside of normal collecting being an error/mule. I believe though it will continue to prove to be popular. If I WAS going to look at one make sure you get the best quality you can as these will be harder to find. Worn coins will be more common = less return. Higher quality = Greater returns IMO

    As example -

    $1,295
    http://www.ebay.com/itm/2000-Austra...251184896973?pt=AU_Coins2&hash=item3a7bc95bcd

    $5,800
    http://www.ebay.com/itm/2000-AUSTRA...150995509332?pt=AU_Coins2&hash=item232808a054

    some sales - http://www.ebay.com/itm/2000-Austra...251184896973?pt=AU_Coins2&hash=item3a7bc95bcd
     
  7. metalzzz

    metalzzz Well-Known Member

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    a couple of coin shop owners ive talked to dont seem to be overly excited by them, im not sure why. One shop owner in sydney i was talking to said he had a chap in a few years ago with about 100 of them. To me that blows out the supposed 600 figure people talk about.
     
  8. ausau

    ausau Active Member Silver Stacker

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    I have heard a few rumours of someone having "jars" full of the $1 mules, can't bring myself to pay big bucks for one, would rather find one in change or noodling from the bank.
     
  9. Austacker

    Austacker Active Member

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    ^^^ That is my approach as well. At least while $1 coins are circulating I am not buying one.
     
  10. gnp

    gnp New Member

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    The actual figure is more like 6000.. When the 1st one appeared on ebay i was the under bidder at $3500.00, then the second one appeared and i was the under bidder again but this time at $3000.00 and then the next one, again i was the under bidder. This went on for about the first 6 listings, then i started doing a bit of homework and pin pointed them to Burswood casino in Perth, the following week me and a mate purchased 2 plane tickets to Perth and we spent the whole weekend looking at coins at Burswood.. It paid off cause we found 7, so the following week we went back for a whole week and found another 22..

    In those days on average for every 8000 coins you searched through you would find one, that figure has increased every year to the point that you would have to search through 550,000+ to find one today.. The most any person has found is approx 320 and i know him well, i've sold a choice uncirculated and probably the finest known for just over 10K.. I also helped Greg McDonald compile the figures in his catalogue..

    Cheers
     
  11. Greg Williams

    Greg Williams Well-Known Member Silver Stacker

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    Didn't know where to post this...

    Found this 1948 'blob' in a mixed bag from the LCS... am I rich??? :cool:

    [​IMG]
     
  12. serial

    serial Well-Known Member Silver Stacker

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    ok Greg what you have is a Rennick ref C38A Variant that has a book value of $15 in VF condition according to Rennicks 45th Edition
    nice find and a cool coin
    enjoy
     
  13. Greg Williams

    Greg Williams Well-Known Member Silver Stacker

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    Thanks - I wouldn't have know where to start looking :)
     
  14. 1for1

    1for1 Well-Known Member

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  15. Austacker

    Austacker Active Member

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    I have got 4 of these and I believe there are another 4 around as well :)

    It must have been a run before it got picked up. Usually where there is 1 there is more.

     
  16. SydneySilver

    SydneySilver Member

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  17. serial

    serial Well-Known Member Silver Stacker

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    looking at the other fake junk they sell I wouldn't bid on it. I don't know how they would fake it but if they could they would.
    sometimes you don't bid on a coin as much as you bid on the reputation of the person selling it.
     
  18. apcgs

    apcgs New Member

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    Austacker, #8 has been affected by either acid or salt water. If the acid is weak enough it will thin the coin as well as keeping a lot of the detail.
     
  19. SULLA

    SULLA Member Silver Stacker

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    Last I heard is that you found around 250 in WA.
    :)
     

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