"Dollar mule" / Australian Coin Collecting Blog on news.com.au

[Ozcoins]

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?

[purplepennyhunter]

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!

[ausjack]

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??

[trout]

How 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"

[markn]

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).

[ausjack]

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

[markn]

Listen to my dodgy radio interview here

[ausjack]

:yahoo: my little mate the radio star :friends:

[trout]

Nothing "Dodgy" about that interview Mate :good:

[ausjack]

So can I call you "Temptis" :mocking:

[markn]

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.

[ausjack]

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

[Hercules]

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:

[autocoupler]

Well done Mark :good: I was "tempted" to add another remark, but I wouldn't do that :angel:

[Fulvio]

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.