Australian-Coins Forum

Numismatic Discussion => Coin Chit Chat => Topic started by: stevo1962 on February 28, 2013, 11:33:55 PM

Title: $1 mule sells for $13K
Post by: stevo1962 on February 28, 2013, 11:33:55 PM
Been following Dollar mule sales and read on another forum that this coin has just been purchased for $13000 today. Believe it or not!

   http://www.ebay.com.au/itm/251233845480?

   http://www.coincommunity.com/forum/topic.asp?TOPIC_ID=142953
Title: RE: $1 mule sells for $13K
Post by: markn on March 01, 2013, 07:18:27 AM
That guy has more money than sense.  There are slabbed MS mules around for a lot less than that which are a much less risky proposition.  But he doesn't seem interested in buying the best coin, just buying coins for the most money.  Very strange.
Title: RE: $1 mule sells for $13K
Post by: Robster on March 01, 2013, 08:03:57 AM
Luckily I have more 'sense than money' although both are in very short supply.!! I could buy a whole bunch of EF pennies for that money, but to each his own.!!:angel:
A reasonably sensible man may say " A Mule and his money are easily parted"
Title: RE: $1 mule sells for $13K
Post by: Bigfellani5 on March 01, 2013, 09:09:41 AM
Last unc mule I sold got $4.5k at roxburys auction. Sold a chunc about 4 years ago for $8.5k but market had dropped heaps since then
Title: RE: $1 mule sells for $13K
Post by: accumulator on March 01, 2013, 10:50:58 AM
If i were buying coins at $15,500 & $13,000 i certainly would'nt be blurting it out on the internet,just seems like a bit of a look at me ,look at me thing really.
Title: RE: $1 mule sells for $13K
Post by: markn on March 01, 2013, 12:25:45 PM
Quote from: 'accumulator' pid='8691' dateline='1362097258'If i were buying coins at $15,500 & $13,000 i certainly would'nt be blurting it out on the internet,just seems like a bit of a look at me ,look at me thing really.

Hammer.  Nail.  Head.
Title: RE: $1 mule sells for $13K
Post by: Goldseeker on March 01, 2013, 12:36:29 PM
And ther buyer still has to fly to Newcastle to pickup the coin.

The same seller has had three "high profile Mules" up for sale on EBay.

If they are that good, why didn't he elect to go to an auction house?
Title: RE: $1 mule sells for $13K
Post by: stevo1962 on March 01, 2013, 01:27:28 PM
Quote from: 'Goldseeker' pid='8697' dateline='1362103589'And ther buyer still has to fly to Newcastle to pickup the coin.

The same seller has had three "high profile Mules" up for sale on EBay.

If they are that good, why didn't he elect to go to an auction house?

Because he's a numnuts
Title: RE: $1 mule sells for $13K
Post by: Bigfellani5 on March 01, 2013, 05:12:42 PM
I know the seller is not me or anyone I know. Thort I knew everyone in newcastle!
Title: RE: $1 mule sells for $13K
Post by: Goldseeker on March 01, 2013, 06:35:59 PM
So does anyone know the buyer at all?
Title: RE: $1 mule sells for $13K
Post by: notcb on March 01, 2013, 06:55:22 PM
Hi,

Interestingly on the other forum the same buyer shanew, claims to have paid 15.5K for the 1977 50cents at Downie's Auction last week.

15.5K +20% is nudging 19K.   There's plenty of money out there!

Cheers

Peter (notcb)
Title: RE: $1 mule sells for $13K
Post by: Fordprefect on March 01, 2013, 07:05:12 PM
Quote from: 'Goldseeker' pid='8713' dateline='1362125159'So does anyone know the buyer at all?
I'm a Newcastle chap, its not me.

In one of his earlier listings he had
as his Location as Main Arm.
That particular area is uninhabited swamp
and mangrove.
He could live anywhere.
The ducks and drakes he's been playing
with his listing's wouldn't surprise me if
he in fact only has Nice Images of the coins.
:nx::nx:
Title: RE: $1 mule sells for $13K
Post by: enworb on March 01, 2013, 07:32:01 PM
I have met the buyer. Actually met him at the downies auction where he won the 1977 50c for $15k. He also has many other strange coins. Accumulator summed him up in a nutshell just as mark pointed out. I suspect he does very little research into the coins he buys but has no problem forking out the money anyway.
Title: RE: $1 mule sells for $13K
Post by: drakesterling on March 02, 2013, 10:25:14 AM
Quote from: 'enworb' pid='8718' dateline='1362128521'I have met the buyer. Actually met him at the downies auction where he won the 1977 50c for $15k. He also has many other strange coins. Accumulator summed him up in a nutshell just as mark pointed out. I suspect he does very little research into the coins he buys but has no problem forking out the money anyway.

Was it the guy in the suit who also bid on the three pre-1955 proof coppers and a whole lot of post-55 proofs? He appeared to have spent more than the rest of the room combined.
Title: RE: $1 mule sells for $13K
Post by: enworb on March 02, 2013, 12:15:14 PM
No it wasnt him. It was a bloke who sat in the front row, shorts, polo shirt.

They guy youre referring to did seem to be the biggest bidder of the auction. He wanted those proofs no matter what.
Title: RE: $1 mule sells for $13K
Post by: stevo1962 on March 04, 2013, 04:02:20 PM
This bloke must be on something because he's upped the price to $40K

   http://www.ebay.com.au/itm/251233845480?
Title: RE: $1 mule sells for $13K
Post by: accumulator on March 04, 2013, 04:07:43 PM
Well when someone pays 13K for the other one he sold,he's probably thinking the sky is the limit, i thought the 13K was a joke,40K is just so far beyond ridiculous ,i wonder if old mate will buy it.

Actually he's already made 2 offers on it.