new australian $1 mule!
- Thread starter serial
- Start date
ok permission has been granted, here is what we know atm. a coin has been taken to a well known and respected coin dealer on the east coast. he has inspected the coin and scanned it (see below) another person has used the pictures to establish the head on the coin is 96% the size it should be which lines up with the 10 cent head size.
The owner of the coin will be returning to the coin store with the coin for further inspection but may I suggest you start looking at your coins now. the 2000 mule was found like this and those who started looking earlier made the most money. it would be nice if you post up any finds you make so we can work to getting the find legitimised by the mint and recognised in the wider community.
and an example of a 2000 mule
The owner of the coin will be returning to the coin store with the coin for further inspection but may I suggest you start looking at your coins now. the 2000 mule was found like this and those who started looking earlier made the most money. it would be nice if you post up any finds you make so we can work to getting the find legitimised by the mint and recognised in the wider community.
and an example of a 2000 mule
SydneySilver
Member
God damn, I had a bag of 500 unc 2014 ANZACS at one point, I wish I could have had a look at them.
21,800,000 mintage https://www.ramint.gov.au/one-dollar
Sold in rolls if I remember correctly. Pretty sure I have a couple of rolls put aside, I sold most to the coin club but it would be worth checking the end of the rolls.
I will wait awhile, if they are rare I might split open a roll but if it turns out they are not that rare then I might just keep the rolls intact.
If one end of a roll has a Mule, how likely is it that the whole roll will as well. Do they get rolled as the come off the press or do they put them all in a big boxand do it at the end?
Sold in rolls if I remember correctly. Pretty sure I have a couple of rolls put aside, I sold most to the coin club but it would be worth checking the end of the rolls.
I will wait awhile, if they are rare I might split open a roll but if it turns out they are not that rare then I might just keep the rolls intact.
If one end of a roll has a Mule, how likely is it that the whole roll will as well. Do they get rolled as the come off the press or do they put them all in a big boxand do it at the end?
1 of 2 things could have happenedSpacePete said:
Mint sport - a ram employee purposely used a 10 cent head on a $1 coin either to have fun, profit (let some into population then arrive on the market with a hoard) or to give his boss the shits.
bad day at the office - my preferred opinion, "someone didn't have their coffee in the morning at ram before they set the dies" theory. as in someone just stuffed up when setting the print press up which is what I think happened with the 2000 mule.
I think ram should be issuing red bull to all coin press operators in the morning
serial said:
Better yet, maybe they should be looking at ways to make sure the dies cant be miss matched. I heard top and bottom use square and round dies, they could simply add another little feature like a "safety" bump on the edge of the dies that only corresponds to each denomination so that ten cent die cant be matched up with $1 dollar.
Doesn't look like it was caught by Quality Control before it left the mint.
Someone must have noticed when they removed the Die.
I wonder how many were minted before someone swapped the dies out and what alerted them to the problem.
I guess if they were minting the 10 cent coins at the same time then they would have noticed when it was missing, how many lines do they run at a time?
If it was only a few they might not bother to try and recover them and if it was several million then it might be too expensive to recall and melt them down.
This counts as entertainment on a Monday morning for me.
Someone must have noticed when they removed the Die.
I wonder how many were minted before someone swapped the dies out and what alerted them to the problem.
I guess if they were minting the 10 cent coins at the same time then they would have noticed when it was missing, how many lines do they run at a time?
If it was only a few they might not bother to try and recover them and if it was several million then it might be too expensive to recall and melt them down.
This counts as entertainment on a Monday morning for me.
SydneySilver
Member
Just went through $500 in $1...
24 ANZACs and none were mules D:
24 ANZACs and none were mules D:
SydneySilver
Member
Jislizard said:
True! I'm considering going for round two this afternoon