Mule Coin
Find great deals on eBay for mule coin and us mule coin. Shop with confidence. In numismatics, a mule is a coin or medal minted with obverse and reverse designs not normally seen on the same piece. These can be intentional or produced by error. This type of error is highly sought after by collectors, and examples can fetch high prices. The earliest mules are found among ancient Greek and Roman coins.
Feb 9 trending
A rare Australian one dollar coin, known as a ‘mule’, is being sold at auction for more than $4,000. A mix up at a mint in 2000 created a rare $1/10c hybrid - also called a mule coin - which is valued by rare coin collectors at thousands of times its face value. In 1986, a retired police officer named Leon Baller announced that he bought a 1959-D Lincoln cent with a wheat reverse design. This type of coin is referred to as a 'Mule,' since all 1959 cents should have a memorial reverse design. Baller claims he purchased the coin for $1,500.
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1988 Coat of Arms Mule 50 Cent
A number of interesting mules have been produced at the Royal Australian Mint over the years, mostly in the 1970s. One mule produced in the 1980s saw the combination of a 1988 50 cent obverse die with a regular Coat of Arms 50 cent reverse. All circulating and mint set 1988 50 cent pieces were meant to have been produced with a commemorative bicentenary reverse. There is reported to be a single example in uncirculated condition which first came to light in 2006 (p135, McDonald, Pocket Guide to Australian Coins and Banknotes, 2014) but there may be others. The circumstances of its production are unknown but given that a single uncirculated example is known, it was probably a deliberate production on the part of mint staff not following procedure.
An example was sold as lot 487 in IAG sale 64 in August 2006 for $5,400 plus commission. The November 2019 Australasian Coin and Banknote Magazine reported that Downies sold an example to a private buyer for an undisclosed five figure sum.
Apparently the muling was not limited to circulating coins. In more recent times (unclear when exactly), two silver proof mules have also appeared: https://www.pcgs.com/cert/36144387 and https://www.pcgs.com/cert/81319131. There is little information on these coins but they are likely to have been part of Bicentennial Masterpieces in Silver sets.