http://www.news.com.au/finance/money/wealth/making-a-mint-the-1-coin-worth-thousands/news-story/24efc408ae038d1980dbf1987e28c2ab
I wonder how many people will read the article and find one?
Frank Chung the author of that article contacted us and asked permission (yay) so we were looking out for that. Mark has also been on Perth radio this morning!
I'm still looking :(
I wonder how they come up with the mintage of six to seven thousand as it seems a funny number but then what was the amount made with a set of dies :huh: Some people say they mint hundreds of thousands with one set but that seems a bit odd to as one would think the dies wouldn't last that long before shattering :scratch_one-s_head: How many incused do they think there is and why don't they call it a mule??
QuoteHow many incused do they think there is and why don't they call it a mule??
That is a very good question AJ, Unfortunately I don't have an answer to it.
I am under the understanding that ANY unofficial "Variety" is considered to be a "Mule"
Quote from: 'ausjack' pid='106548' dateline='1489365984'I'm still looking :(
I wonder how they come up with the mintage of six to seven thousand as it seems a funny number but then what was the amount made with a set of dies :huh: Some people say they mint hundreds of thousands with one set but that seems a bit odd to as one would think the dies wouldn't last that long before shattering :scratch_one-s_head: How many incused do they think there is and why don't they call it a mule??
There was a detailed survey done by forum members a few years ago comparing rate of finding mules against numbers of 2000 coins (which was a known mintage). The 6000 figure was arrived at that way.
The Incused 50c came about by using a die that was intended for some other purpose (coloured proof I think I recall). I'd be happier calling it a variety rather than a mule as the decision was made to use the die as a normal production die as a matter of course rather than accidentally (again as I understand).
Fair points thanks Mark, yes the incused was the proof die apparently :good:
Yes I don't care what they call it as it's known as an incused but I was just wondering :)
Listen to my dodgy radio interview here (http://www.australian-coins.com/coin-news/is-your-dollar-coin-worth-1000-radio-interview-with-6pr-in-perth/)
:yahoo: my little mate the radio star :friends:
Nothing "Dodgy" about that interview Mate :good:
So can I call you "Temptis" :mocking:
Quote from: 'ausjack' pid='106561' dateline='1489369938'So can I call you "Temptis" :mocking:
Haha yeah. I thought I'd heard all possible ways of saying my name but that was a new one on me.
Yes I have heard some strange one's with mine as well. But the funny thing is that they're not that hard of names to say.
It's in wikionary :laugh2:
https://en.wiktionary.org/wiki/temptis
Quote from: 'ausjack' pid='106548' dateline='1489365984'How many incused do they think there is and why don't they call it a mule??
A mule is a coin made from two different dies that were never intended to be paired together. Since the incuse flag coin was made deliberately (albeit for proof sets rather than for circulation), it cannot be considered a mule. :ok:
Well done Mark :good: I was "tempted" to add another remark, but I wouldn't do that :angel:
Quote from: 'markn' pid='106555' dateline='1489367908'There was a detailed survey done by forum members a few years ago comparing rate of finding mules against numbers of 2000 coins (which was a known mintage). The 6000 figure was arrived at that way.
It wasn't just that. We also took into account the size of the totes, and the fact that once discovered, the entire batch would have been scrapped. Therefore that implied the 'escaped' ones were in the previous tote and had already left the area when the discovery was made. Approximately half a tote was a reasonable ball park, which was backed up by the stats.
Quote from: 'Fulvio' pid='106573' dateline='1489375174'Quote from: 'markn' pid='106555' dateline='1489367908'There was a detailed survey done by forum members a few years ago comparing rate of finding mules against numbers of 2000 coins (which was a known mintage). The 6000 figure was arrived at that way.
It wasn't just that. We also took into account the size of the totes, and the fact that once discovered, the entire batch would have been scrapped. Therefore that implied the 'escaped' ones were in the previous tote and had already left the area when the discovery was made. Approximately half a tote was a reasonable ball park, which was backed up by the stats.
Thanks Fulvio. It's a crying shame all that information has been lost.
Quote from: 'markn' pid='106575' dateline='1489375560'Thanks Fulvio. It's a crying shame all that information has been lost.
I couldn't agree more. I always intended to archive stuff locally, but it just never got to the head of the list somehow. :(
I still live in hope of finding one one day, just not going to hold my breath :angel:
Quote from: 'Hercules' pid='106567' dateline='1489373369'Quote from: 'ausjack' pid='106548' dateline='1489365984'How many incused do they think there is and why don't they call it a mule??
A mule is a coin made from two different dies that were never intended to be paired together. Since the incuse flag coin was made deliberately (albeit for proof sets rather than for circulation), it cannot be considered a mule. :ok:
I suppose it comes down to if it was "intentional" or an accident or if it was like the $1 mule and was that accident or on purpose..the mind boggles :scratch_one-s_head: Admittedly you have two 50 cent dies with the incused and one 10 cent and a one dollar for the other but what about the other mules like the half penny.
Here's a little from Eric's site http://www.drakesterling.com/coins-for-sale/news-wire/news-wire/mule-coins-and-hybrid-coins
and here's a little wiki :) https://en.wikipedia.org/wiki/Mule_(coin)
Either way I find this all very interesting :good:
Quote from: 'ausjack' pid='106577' dateline='1489376269'I suppose it comes down to if it was "intentional" or an accident
Well, no.
The Incused flag was always intended to be produced, only with paint infill.
The decision to swap it out for a printed flat flag on the proofs, and subsequently throw the die into the general population doesn't make it a mule.
Its a variety.
Ok, it's a variety..of what was suppose to be a proof die :)
Are the $1/10c mules really worth $1000+ now? I always assumed that the banged up ones were only worth $500. Have the prices gone up recently? :dontknow:
Depends greatly on the grade Herc. $750 is the cheapest on ebay ATM and sold listings shows one sold for $600 2/1/17 and two in december went $500 and $536 but they might have gone up.
One on the 22/2/17 $425
But they weren't high grades
Quote from: 'Hercules' pid='106590' dateline='1489379973'Are the $1/10c mules really worth $1000+ now?
If there are 6,000 coins and 6,001 people decide they can't live without one, guess what happens to the price?
Quote from: 'Fulvio' pid='106596' dateline='1489381621'Quote from: 'Hercules' pid='106590' dateline='1489379973'Are the $1/10c mules really worth $1000+ now?
If there are 6,000 coins and 6,001 people decide they can't live without one, guess what happens to the price?
Poor AJ goes without :cray:
Quote from: 'Fulvio' pid='106596' dateline='1489381621'Quote from: 'Hercules' pid='106590' dateline='1489379973'Are the $1/10c mules really worth $1000+ now?
If there are 6,000 coins and 6,001 people decide they can't live without one, guess what happens to the price?
That's assuming that everyone's content with having only one each. I bet a lot of collectors have more than one. ;)
Runway bought one for 350 and I bought one for 500 last month but if you're
not shopping on facebook you're missing out
Quote from: 'stevo1962' pid='106604' dateline='1489382824'Runway bought one for 350 and I bought one for 500 last month but if you're
not shopping on facebook you're missing out
I don't need to shop on Facebook. I got mine for only a dollar. :D
Quote from: 'Hercules' pid='106609' dateline='1489384077'Quote from: 'stevo1962' pid='106604' dateline='1489382824'Runway bought one for 350 and I bought one for 500 last month but if you're
not shopping on facebook you're missing out
I don't need to shop on Facebook. I got mine for only a dollar. :D
Best deal you can make
Quote from: 'purplepennyhunter' pid='106544' dateline='1489363915'Frank Chung the author of that article contacted us and asked permission (yay) so we were looking out for that. Mark has also been on Perth radio this morning!
It seems you're very popular. A lot of other websites have picked up on the story as well:
http://www.huffingtonpost.com.au/2017/03/12/that-1-coin-in-your-pocket-could-be-worth-1000/
https://www.pedestrian.tv/news/arts-and-culture/there-could-be-a-1-coin-worth-3k-in-your-wallet-rn/9bde0f36-a704-4429-aa77-161e87dd0854.htm
http://finance.nine.com.au/2017/03/13/12/47/unusual-aussie-dollar-worth-more-than-1000
http://www.dailymail.co.uk/news/article-4305454/Australian-1-10c-mule-coin-worth-1000.html
http://www.dailymail.co.uk/news/article-4307254/Up-6-000-1-Australian-mules-released-circulation.html
https://startsat60.com/trending/news/mistake-at-australian-mint-sends-coin-collectors-into-a-frenzy
Quote from: 'stevo1962' pid='106604' dateline='1489382824'Runway bought one for 350 and I bought one for 500 last month but if you're
not shopping on facebook you're missing out
This is a pretty good example of how newbies can be taken advantage of on facebook because of their lack of knowlage.
Maybe a couple of years ago a 2000 Mule would have fetched $200-$400 But not now, If the facebook sellers were better informed none of them would part with a Mule for only $350.
Quote from: 'Hercules' pid='106609' dateline='1489384077'I don't need to shop on Facebook. I got mine for only a dollar. :D
Likewise. And two Wavy 2's in the same batch for a grand total of $1.40. :)
(http://i64.tinypic.com/fx4a5v.jpg)
This was on Nine News in Brisbane tonight. They also mentioned the double-headed 5c, which is still somewhat dubious compared to the $1/10c mule.
Gee they're all on the band wagon now with this being posted on FB a little while ago, so why didn't you get a news interview Mark :shock:
Hopefully the link below will work for those that aren't members on FB.
https://twitter.com/9NewsBrisbane/status/841567943511089152/video/1
same thing but this was from FB
https://www.facebook.com/9NewsBrisbane/videos/1823708287952716/
Oh and the person being interviewed is Michael Cotton from Cotton & Co.
Quote from: 'ausjack' pid='106704' dateline='1489534242'Gee they're all on the band wagon now with this being posted on FB a little while ago, so why didn't you get a news interview Mark :shock:
Hopefully the link below will work for those that aren't members on FB.
https://twitter.com/9NewsBrisbane/status/841567943511089152/video/1
same thing but this was from FB
https://www.facebook.com/9NewsBrisbane/videos/1823708287952716/
Oh and the person being interviewed is Michael Cotton from Cotton & Co.
No-one wants to see my face on TV.
I do :blush2:
Thanks for the links, AJ. I just saved a copy of it on my computer. :good:
I did an interview on ABC Radio Perth too but idiotically forgot to specify the mule was year 2000. This is why I shouldn't be allowed out in public.
Listen to the interview here (http://www.australian-coins.com/coin-news/dollar-coin-worth-1000-radio-interview-abc-radio-perth/)
:dodgy: well aren't you just Mr popularity with all these radio interviews, well done temptis :mocking: at least she got your name right :winkextra:
I like how 17 years after they were minted they're now the hottest news.
Quote from: 'ausjack' pid='106724' dateline='1489544410':dodgy: well aren't you just Mr popularity with all these radio interviews, well done temptis :mocking: at least she got your name right :winkextra:
My 15 minutes of fame. Back to mediocrity I go :)
You'll always be our little shining star mate :friends: :)
Quote from: 'markn' pid='106725' dateline='1489544555'Quote from: 'ausjack' pid='106724' dateline='1489544410':dodgy: well aren't you just Mr popularity with all these radio interviews, well done temptis :mocking: at least she got your name right :winkextra:
My 15 minutes of fame. Back to mediocrity I go :)
Actually you should have 5 minutes left shouldn't you :winkextra:
Don't worry about not mentioning the year, I guessed what year it was. :) Good job. :)
I see the eBayciles are out in force. Here's a dickhead trying to pass off a split rim as a mule.
(http://i.imgur.com/KCOLtzV.png)
Should have linked the auction too:
http://www.ebay.com.au/itm/AUSTRALIA-1999-2000-1-10-Cent-MULE-Error-No-Reserve-/272587678064
Its well worth a laugh. :)
QuoteTrust me- i've been in the coin trading industry for 24 years.
Good Grief :dash1:
Ended the listing then has relisted it.
http://www.ebay.com.au/itm/Australia-1999-2000-1-10c-Mule-Type-Error-/272590534321?hash=item3f77a976b1:g:ZjMAAOSwax5YyM~t
check out this in the listing:
Re-Listed due to complaints received from some sort of "Coin Gang" regarding Apparent Fraudulent behavior, who then decided it was their service to the community to out bid anyone who wanted this coin so that they could then admittedly not pay for the coin.
QuoteThis listing was ended by the seller because there was an error in the listing.
Just as well they figured that out before they actually sold it to someone. :rolleyes:
Quote from: 'jens coins' pid='106739' dateline='1489563364'Ended the listing then has relisted it.
Damn! Why would anyone be stupid enough to pay $1230 for that? :dash1:
Here's the full quote:
QuoteI am listing this up because i feel it is of value to an Australian 2000 $1/10c Mule Collector, This coin is from 1999, and displays the same double rim that i have seen on genuine Mule Coins but this rim is isolated solely to the 2nd quarter on the radius (3-6) between the first "R" in Australia and the last "9" in 1999. Being a 1999 i believe this potentially could be the start of the Minting error that created the famous Australian 2000 $1/10c Mule, Although this has not been verified and this coin has not been professionally evaluated.
Re-Listed due to complaints received from some sort of "Coin Gang" regarding Apparent Fraudulent behavior, who then decided it was their service to the community to out bid anyone who wanted this coin so that they could then admittedly not pay for the coin.
To the Collectors genuinely messaging me and bidding on this coin to add to their collection i hope this new listing gives you a chance to add this exceptionally rare coin to your collection!
All bids are final, Happy Bidding!
Clearly someone who has no comprehension of how coins are minted or how mules occur.
Of course its a Mule, ALL minting errors are Mules :laugh2: :laugh2: :laugh2:
:laugh2: ..... I like this one cashing in on the 2000's .....
http://www.ebay.com.au/itm/122397550178 (http://www.ebay.com.au/itm/122397550178)
I think you may have created a Monster Mark :focus::whistle2:
9 bids by 3 people and the last bidder hasn't bought anything as there's a 0 next to their name so why in hell would someone with no rating be spending $1230 on a coin..could this be shill bidding :dodgy:
Quote from: 'Unicorn' pid='106742' dateline='1489565886':laugh2: ..... I like this one cashing in on the 2000's .....
http://www.ebay.com.au/itm/122397550178 (http://www.ebay.com.au/itm/122397550178)
Yep they all look like mules to me Uni :blink: :laugh2:
Quote from: 'trout' pid='106743' dateline='1489566071'I think you may have created a Monster Mark :focus::whistle2:
Yeah this is all Marks fault :@ :mocking:
There seems to be a HUGE number of people on ebay now trying to flog off just a simple heavily circulated 2000 $1 for hundreds, not to mention the false mules floating about there (one looked like they'd scraped a rim into it with a knife!!!).
So, I just had to post (here, not on ebay) a nice photo of my 8 nice examples of a 2000 coin.
I wonder what would happen if I listed it ....... (don't worry, I won't be).
(http://www.australian-coins.net/gallery/albums/userpics/11067/mcduck_2000.jpg)
Perhaps I could as a warning to people not to bid on BS?
Quote from: 'Unicorn' pid='106742' dateline='1489565886':laugh2: ..... I like this one cashing in on the 2000's .....
http://www.ebay.com.au/itm/122397550178 (http://www.ebay.com.au/itm/122397550178)
Anyone stupid enough to buy these needs to be taught how to noodle. It's really not that hard, and could be done with a budget well under $600. :dash1:
Quote from: 'Unicorn' pid='106746' dateline='1489566844'So, I just had to post (here, not on ebay) a nice photo of my 8 nice examples of a 2000 coin.
I think I see a couple of mules in there Uni :biggrin:
Pedro
Quote from: 'Pedro' pid='106752' dateline='1489574934'Quote from: 'Unicorn' pid='106746' dateline='1489566844'So, I just had to post (here, not on ebay) a nice photo of my 8 nice examples of a 2000 coin.
I think I see a couple of mules in there Uni :biggrin:
Pedro
They do look a bit like mules, because they have a double rim, but it's nowhere near as thick as on a real mule. Once you hold a real one in hand, you'll never be fooled by a pseudo-mule ever again. :winkextra:
Considering that the photos are "as is" and not doctored, you'd near think there was Pedro.
Unfortunatley no mules ...... there are however three 2000 $1's that have misaligned die rims.
I must admit that in the instances I found them my heart did beat quite a bit faster for a minute.
Quote from: 'Hercules' pid='106747' dateline='1489566897'Quote from: 'Unicorn' pid='106742' dateline='1489565886':laugh2: ..... I like this one cashing in on the 2000's .....
http://www.ebay.com.au/itm/122397550178 (http://www.ebay.com.au/itm/122397550178)
Anyone stupid enough to buy these needs to be taught how to noodle. It's really not that hard, and could be done with a budget well under $600. :dash1:
Yep that fool ended listing :dodgy:
Look at this idiot .. thinks he has got a 2001 Centenary of Federation Mule...
http://www.ebay.com.au/itm/1-2001-Mule-10-Cent-Error-Most-Highly-sought-after-coin-Double-Rim/172576623296?_trksid=p2047675.c100009.m1982&_trkparms=aid%3D777003%26algo%3DDISCL.MBE%26ao%3D1%26asc%3D20140117125611%26meid%3D445eec9033fb4a758187513e8a020a49%26pid%3D100009%26rk%3D5%26rkt%3D10%26sd%3D272590534321
This is his blurb .....
Here we have a $1 mule / 10c error coin made in 2001 in fairly good condition.
Please note the following statement mentioned in the article by news.com.au
"The actual number of the coins in circulation is not known, but a statistical sample by some "mule hunters" on an old internet forum estimated the total mintage at between 6000-7000. According to the blog, the majority of the mules were sent to Perth, but the error wasn't picked up by coin collectors until 2003."
THE ERROR WASN'T PICKED UP BY THE COIN COLLECTORS UNTIL 2003.
Clearly, they have admitted it and hence it on 2001 coin as well. Additionally, it has unique Centenary of Federation on the other side.
Article reference:
http://www.news.com.au/finance/money/wealth/making-a-mint-the-1-coin-worth-thousands/news-story/24efc408ae038d1980dbf1987e28c2ab
Free Shipping Australia Wide. Local pickup can be arranged in Sydney region.
Returns not accepted. So please be aware of what you're bidding for.
hahahahahahahah
They are certainly coming out of the woodwork with these "mules" :dash1:
Pedro
QuoteReturns not accepted. So please be aware of what you're bidding for.
I wonder why. :rolleyes:
no mules , but alot of jackasses :)
Quote from: 'gnome' pid='106772' dateline='1489628453'no mules , but alot of jackasses :)
I just informed both jackasses. Lets see what they say for themselves. :angel:
I'm sure their responses will be amulezing :)
QuoteLook at this idiot .. thinks he has got a 2001 Centenary of Federation Mule...
http://www.ebay.com.au/itm/1-2001-Mule-10-Cent-Error-Most-Highly-sought-after-coin-Double-Rim/172576623296?_trksid=p2047675.c100009.m1982&_trkparms=aid%3D777003%26algo%3DDISCL.MBE%26ao%3D1%26asc%3D20140117125611%26meid%3D445eec9033fb4a758187513e8a020a49%26pid%3D100009%26rk%3D5%26rkt%3D10%26sd%3D272590534321
This one's been pulled.
Many more dickheads will be listing these on greedBay soon unfortunately
Quote from: 'Nevol' pid='106780' dateline='1489661470'QuoteLook at this idiot .. thinks he has got a 2001 Centenary of Federation Mule...
http://www.ebay.com.au/itm/1-2001-Mule-10-Cent-Error-Most-Highly-sought-after-coin-Double-Rim/172576623296?_trksid=p2047675.c100009.m1982&_trkparms=aid%3D777003%26algo%3DDISCL.MBE%26ao%3D1%26asc%3D20140117125611%26meid%3D445eec9033fb4a758187513e8a020a49%26pid%3D100009%26rk%3D5%26rkt%3D10%26sd%3D272590534321
This one's been pulled.
He ended it himself, looks like he just got excited over nothing. It's just a very slightly off centre strike.
Quote from: 'wwwww' pid='106787' dateline='1489702794'He ended it himself, looks like he just got excited over nothing. It's just a very slightly off centre strike.
Maybe after he rec'd Fulvio's & my messages, he thought better of it.
This is my message:
(http://i64.tinypic.com/a499uu.jpg)
Quote from: 'Nevol' pid='106790' dateline='1489708269'Maybe after he rec'd Fulvio's & my messages, he thought better of it.
It would have been polite to reply, wouldn't it? Neither one did.
Quote from: 'Nevol' pid='106790' dateline='1489708269'This is my message:
(http://i64.tinypic.com/a499uu.jpg)
Very subtle Nancy - "piece of junk" :laugh2:
Pedro
I am speechless
http://www.ebay.com.au/itm/Double-Rim-Dollar-Coin-1-Year-2000/132124703625?_trksid=p2047675.c100012.m1985&_trkparms=aid%3D777003%26algo%3DDISCL.MBE%26ao%3D1%26asc%3D20140107090229%26meid%3D7b6fef97ea724fd8b4f7f44685bfe711%26pid%3D100012%26rk%3D6%26rkt%3D11%26mehot%3Dpp%26sd%3D172576623296
Jesus christ, 41 bids and $19,900 :swoon:
Massive amount of shill bidding going on there. One of the bidders has no ebay feedback and the other has feedback of 1.
I reckon the seller has stuck it on for a laugh and then set up 2 separate ebay accounts and got them bidding against each other.
Probably get up to $30,000 before it ends lol.
Mike
What a croc :mafia:
Come on you blokes, sounds like your getting as sceptical as me :winkextra: It must be legit :mocking:
Must have got bored and couldn't be bothered upping the bids any more :grin:
Pedro
Quote from: 'ausjack' pid='106908' dateline='1489984854'Jesus christ, 41 bids and $19,900 :swoon:
Yep what a load of bullshit and his shill bid won
Load him with questions about the suspect sale as I will be :dodgy:
wouldn't he have to still pay ebay their commission on $19900.00 ???
I was thinking the same, but I'm sure they'll just cancel the sale Kel.
He will probably file a non paying bidder claim obviously, and then the sale will be cancelled. Ebay must know that shill bidding was going on, they are not stupid. Hope they ban the idiot.
Mike
No one's bid on that item in the last three days, and the bidding ended just over an hour ago without any new offers. Clearly, no one else thinks it's worth $20,000, which makes it look sus. :mafia:
Just woke up to this from ebay:
Our records show that you recently contacted or received messages from byersau through eBay's messaging system. This account was recently found to have been accessed by an unauthorized third party, who may have used the account in an attempt to defraud other members.
We've taken action to restore this account to the original owner, but wanted to let you know to be suspicious of any communication you may have received from them. Nothing is wrong with your account at this time ? this message is just being sent as a precaution. If you have received any messages from that appears suspicious, please feel free to forward them to us at spoof@ebay.com for review.
Yes i got a similar message from fleabay last week regarding a different fleabay auction that was terminated early. I think it is some kind of automated communication when an auction goes tits up or has some kind of scam or fraud aspect to it if you messaged the seller any time while it was live.
Mike
Ouch!
http://www.ebay.com.au/itm/2000-1-coin-/152470684933?hash=item237ff60505%3Ag%3AxUMAAOSw4A5Yxmj7&nma=true&si=lL0rmVDhkis%252BhQlcZJIPTgAorHk%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
Pedro
Quote from: 'Pedro' pid='106944' dateline='1490148988'Ouch!
http://www.ebay.com.au/itm/2000-1-coin-/152470684933?hash=item237ff60505%3Ag%3AxUMAAOSw4A5Yxmj7&nma=true&si=lL0rmVDhkis%252BhQlcZJIPTgAorHk%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
Pedro
What the? Not even
trying to pass it off as a mule. :dontknow: :scratch_one-s_head: What is wrong with people?
Quote from: 'Nevol' pid='106945' dateline='1490150657'Quote from: 'Pedro' pid='106944' dateline='1490148988'Ouch!
http://www.ebay.com.au/itm/2000-1-coin-/152470684933?hash=item237ff60505%3Ag%3AxUMAAOSw4A5Yxmj7&nma=true&si=lL0rmVDhkis%252BhQlcZJIPTgAorHk%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
Pedro
What the? Not even trying to pass it off as a mule. :dontknow: :scratch_one-s_head: What is wrong with people?
The seller's now ended the bid. :mafia:
Quote from: 'Hercules' pid='106946' dateline='1490151662'The seller's now ended the bid. :mafia:
The item ended on 16 Mar, 2017 20:41:18 AEDST
It was listed on 13-Mar-17 20:41:18 AEDST, hence it was a 3 day Auction.
The winning "idiot" bid on 15-Mar-17 22:20:52 AEDST
I'm with Nevol ...... what's wrong with people!!!!! (both listers and bidders).
see the negative feedback left.
"Beware scammer do not buy from this seller "
The problem is that people hear the news reports and think a 2000 $1 coin is rare. They're capable of hearing "2000" and "mule", but not both simultaneously. :dash1:
Quote from: 'Hercules' pid='106949' dateline='1490162658'think a 2000 $1 coin is rare.
Well... it IS, depending on your definitions. Mintage was much lower than most years. :angel:
Quote from: 'Fulvio' pid='106951' dateline='1490164540'Quote from: 'Hercules' pid='106949' dateline='1490162658'think a 2000 $1 coin is rare.
Well... it IS, depending on your definitions. Mintage was much lower than most years. :angel:
I would define it as scarce, but certainly not rare. I could think of many other coins that are much tougher to find in circulation. Last year, it came in at 100th on my list of 276 coins, where 1st is the rarest and 276th is the most common. That's not including the Olympic/Paralympic coins, which would make it 106th out of 282 coins, so certainly not rare. :ok:
There's one person to blame for all this :mocking:
Quote from: 'ausjack' pid='106954' dateline='1490169891'There's one person to blame for all this :mocking:
Lemme guess.. starts with 'Em' and finishes with 'Ark'?? ;)
:laugh2: not saying a word :blush2:
Quote from: 'ausjack' pid='106958' dateline='1490175395':laugh2: not saying a word :blush2:
I know. Mark Temptis. :mocking:
:laugh2: :laugh2: :laugh2:
There was always going to be fall out. People were screwing each other before this article came out and they'll screw each other after it dies down. What I am certain of is that it'll bring new people to the hobby and that's never a bad thing.
Quote from: 'markn' pid='106988' dateline='1490252255'There was always going to be fall out. People were screwing each other before this article came out and they'll screw each other after it dies down. What I am certain of is that it'll bring new people to the hobby and that's never a bad thing.
I agree completely.
I would also like to add that I think you and purplepennyhunter do a great job of promoting coin collecting as a hobby and supporting coin collectors.
Thank you both for the effort you put in.
:agreed: Oz
But then don't let the truth get in the way of a good stir especially when we can blame Mark :blush2: :mocking:
It's good to see that a couple of ebayers have posted items warning others of the scammers that are out there. (Was thinking about doing something like that myself except time is not my friend at the moment).
Here's a couple:
http://www.ebay.com.au/itm/262904267765 (http://www.ebay.com.au/itm/262904267765)
http://www.ebay.com.au/itm/172584299154 (http://www.ebay.com.au/itm/172584299154)
I do hope the first seller might have asked Mark if they could extract some of his blog verbatim.
Quote from: 'Unicorn' pid='107002' dateline='1490278560'I do hope the first seller might have asked Mark if they could extract some of his blog verbatim.
Personally, I wouldn't care. The main thing is that people know not to fall for these scams, so the sooner this message gets out there, the better. However, they definitely should give Mark credit for the text, by providing a link back to his blog.
Quote from: 'Hercules' pid='107007' dateline='1490303033'Quote from: 'Unicorn' pid='107002' dateline='1490278560'I do hope the first seller might have asked Mark if they could extract some of his blog verbatim.
Personally, I wouldn't care. The main thing is that people know not to fall for these scams, so the sooner this message gets out there, the better. However, they definitely should give Mark credit for the text, by providing a link back to his blog.
If people lift it word for word trying to educate people I don't think PPH and I care. If they lift it word for word to help them sell something then we're not so keen.
Quote from: 'Ozcoins' pid='106991' dateline='1490258991'Quote from: 'markn' pid='106988' dateline='1490252255'There was always going to be fall out. People were screwing each other before this article came out and they'll screw each other after it dies down. What I am certain of is that it'll bring new people to the hobby and that's never a bad thing.
I agree completely.
I would also like to add that I think you and purplepennyhunter do a great job of promoting coin collecting as a hobby and supporting coin collectors.
Thank you both for the effort you put in.
Thanks Ozcoins. PPH and I appreciate the feedback very much.
This idiot has a 1999 $1 mule advertised
http://www.ebay.com.au/itm/Australia-1999-2000-1-10c-Coin-Mule-Type-Error/112340108123?_trksid=p2047675.c100005.m1851&_trkparms=aid%3D222007%26algo%3DSIC.MBE%26ao%3D2%26asc%3D20140106155344%26meid%3D6d84510a74a647fdb95afefa6fa3b518%26pid%3D100005%26rk%3D4%26rkt%3D6%26mehot%3Dpp%26sd%3D172584299154
18 bids $20,100
Surely someone is playing games here - those bids can't be real can they??
Pedro
Quote from: 'Pedro' pid='107019' dateline='1490313925'Surely someone is playing games here - those bids can't be real can they??
Pedro
Highly unlikely. It's probably members of FB groups playing silly buggers bidding up a shonky listing with no intention of paying.
Let's play a game of Whack-a-Mule (http://www.australian-coins.com/collecting-coins/how-to-spot-a-real-2000-1-10c-mule/).
Just one thing to add; If it's not a ROO, don't bother looking further :)
Quote from: 'markn' pid='107025' dateline='1490318201'Let's play a game of Whack-a-Mule (http://www.australian-coins.com/collecting-coins/how-to-spot-a-real-2000-1-10c-mule/).
Hey Mark, I reckon this should be in the Public Section as well, it's a wonderful idea on how to educate people on spotting real 'Mules".
Great job Mark :ok:
Pedro
Quote from: 'autocoupler' pid='107030' dateline='1490320896'Just one thing to add; If it's not a ROO, don't bother looking further :)
Good point. It's only a matter of time until we'll see the Last Anzacs mule, the HMAS Sydney II mule, the Victoria Cross Centenary mule and the Olymphilex mule. :good:
PS: The rest of the game is excellent.
11/10 Mark, an excellent blog. Let's hope lots of people get to read it before they get sucked in.
I wonder if the banks had a high demand on dollar coins since the recent media releases? I'm guessing yes.
I'm sure all the "treasure hunters" will quickly give up looking, but the serious collectors will persist. Wasn't Goldie's score 39 from 2.4m or something? (I know it's posted somewhere). So for $60k of coins you might have a chance (back when he did it), now, the odds would likely be a lot slimmer, but they are out there.
Quote from: 'Nevol' pid='107032' dateline='1490321653'Quote from: 'markn' pid='107025' dateline='1490318201'Let's play a game of Whack-a-Mule (http://www.australian-coins.com/collecting-coins/how-to-spot-a-real-2000-1-10c-mule/).
Hey Mark, I reckon this should be in the Public Section as well, it's a wonderful idea on how to educate people on spotting real 'Mules".
OK sure, done.
https://www.australian-coins.net/showthread.php?tid=4961
Quote from: 'markn' pid='107024' dateline='1490318140'Quote from: 'Pedro' pid='107019' dateline='1490313925'Surely someone is playing games here - those bids can't be real can they??
Pedro
Highly unlikely. It's probably members of FB groups playing silly buggers bidding up a shonky listing with no intention of paying.
No I can't see FB members doing anything like that as they're all so reputable :dodgy:
Quote from: 'markn' pid='107025' dateline='1490318201'Let's play a game of Whack-a-Mule (http://www.australian-coins.com/collecting-coins/how-to-spot-a-real-2000-1-10c-mule/).
:laugh2: what a ripper Mark, well done mate :)
Great stuff Mark. Very well thought out article. :yahoo:
Maybe someone will put the link up on FB as well.
Quote from: 'Unicorn' pid='107037' dateline='1490328222'11/10 Mark, an excellent blog. Let's hope lots of people get to read it before they get sucked in.
I wonder if the banks had a high demand on dollar coins since the recent media releases? I'm guessing yes.
I'm sure all the "treasure hunters" will quickly give up looking, but the serious collectors will persist. Wasn't Goldie's score 39 from 2.4m or something? (I know it's posted somewhere). So for $60k of coins you might have a chance (back when he did it), now, the odds would likely be a lot slimmer, but they are out there.
I have looked and looked and looked over many years and still no closer to finding one :cray: But I live in hope :winkextra:
Quote from: 'Nevol' pid='107048' dateline='1490352940'Great stuff Mark. Very well thought out article. :yahoo:
Maybe someone will put the link up on FB as well.
Don't hold ya breath Nevol :(
I sold one not long ago and it fetched $524. Reasonable circulated condition for a 17 year old coin.
Still and all I was happy as it only cost me $1 from noodling.
Quote from: 'JeffH' pid='107154' dateline='1490601327'I sold one not long ago and it fetched $524. Reasonable circulated condition for a 17 year old coin.
Still and all I was happy as it only cost me $1 from noodling.
I can't believe that people actually sell these coins. I intend to keep mine until they can fund my retirement. :winkextra:
Personally I think that the 2000 Mules are overhyped and their relative rarity in NO way deserves the prices being achieved at the moment.
These are Not Incredibly Rare as there are thousands of them and it is only the hype that is keeping these at such inflated prices.
Quote from: 'trout' pid='107163' dateline='1490609139'These are Not Incredibly Rare as there are thousands of them
Say you have 2,000 examples of coin "X".
Say you have 2,001 serious collectors who all want one.
Clearly, someone is going to miss out. So he'll bid more than he would if there were 2,002 available.
Welcome to Supply and Demand.
1930 pennies weren't rare either, nor were they overly expensive. Until the media latched onto the story and suddenly everyone wanted one.
For a thousand dollars I can get a very VERY nice Canberra Florin that there are only very small numbers of coins in that grade (Not thousands of them) or maybe a really nice Proof like Canberra.
I suppose it is horses for courses But I personally am not prepared to pay over a grand for a VF-EF example of a RAM "Stuff Up" But I am always willing to pay good money for a beautiful example of a coin that I like in a Truly Rare high grade.
I suppose it depends on what your collecting goals are I suppose, Each to their own.
Quote from: 'trout' pid='107173' dateline='1490621458'For a thousand dollars I can get a very VERY nice Canberra Florin that there are only very small numbers of coins in that grade (Not thousands of them) or maybe a really nice Proof like Canberra.
I suppose it is horses for courses But I personally am not prepared to pay over a grand for a VF-EF example of a RAM "Stuff Up" But I am always willing to pay good money for a beautiful example of a coin that I like in a Truly Rare high grade.
I suppose it depends on what your collecting goals are I suppose, Each to their own.
i totally agree with you
The 2000 "mule" still seems to be going strong.
http://www.ebay.com.au/itm/2000-australian-1Dollar-coin-10c-mule-error-Highly-collectible-/322453848993?hash=item4b13bf43a1%3Ag%3A1ZIAAOSwOgdYyjDY&nma=true&si=lL0rmVDhkis%252BhQlcZJIPTgAorHk%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
I "like" this one too:
http://www.ebay.com.au/itm/Australia-2000-1-Mule-10c-Error-Well-Centred-Most-Highly-sought-after-coin-/122395199758?hash=item1c7f52890e%3Ag%3A91wAAOSwA3dYGy5A&nma=true&si=lL0rmVDhkis%252BhQlcZJIPTgAorHk%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557
Pedro
I sincerely hope none of our Members bid on those two lots :dodgy:
Quote from: 'trout' pid='107339' dateline='1491036348'I sincerely hope none of our Members bid on those two lots :dodgy:
Maybe someone should post Mark's article on eBay, with an additional section about the market value of a genuine mule.