Has anyone heard about a new State Quarter/Presidential Dollar Mule Error? My friends Uncle recently attended a Coin Auction and stated that they sold 1,500 State Quarter/Presidential Dollar Mule Error coins. According to his report, the coins were all in shrink wrap rolls. If his facts and the numbers are true, then this will be another highly sought after Error coin but it will not fetch the prices that the State Quarter/Sacagawea Dollar Error coins have seen! Frank
Frank, Did they happen to say which quarter/dollar dies were used? Did they say which blank was used? Thanks Darryl
My friend did not say whether his Uncle found out which Quarter/Dollar Dies were used! The guy is more of a Coin Hoarder than a Coin Collector and is somewhat of a Novice. He bid on and won a sealed $50 bag of Buffalo Nickels and thought that the $175 price he paid might have been too much! LOL! Even if they were all "No Date" Buffalo's, he can probably get $0.30 each but after opening the bag, he actually found that most if not all are "Full Date" Buffalo's. Just think of the possible rare and/or error coins that might be in the bag, like the 1914/3, the 1916 DDO, the 1918/7-D, the 1935 DDO, the 1936-D 3-1/2 Leg and the 1937-D 3 Leg. I told my friend to ask his Uncle if I can tag along to the next Coin Auction and I will advise him on which coins to bid on and maybe even pick up a few for myself. Frank
Wow, what a great deal! I don't often see the quarters in the shrink wrap and I've never seen the dollars in the shrink wrap so I would assume it was the quarter blanks.?. I'm surprised no one else has posted anything about it here. Thanks Darryl
You can't have dollar/quarter mules on quarter blanks unless they are being struck in the dollar press. That would require two major errors, the muling of the dies and the delivery of a very large quantity of quarter planchet to the wrong press, then the press man running the dollar press would have to miss the fact that hundreds if not thousands of coins of the wrong color were pouring from his press. I think we can ignore the quarter planchet possibility. So if they were on dollar planchets, if the report was true that 1,500 were sold at one sale, then ens of thousands of these must have been produced. How dd the pressman who spot checks a handful of coins every s often before he lets them dump from the production hopper into the main hopper miss them for tens of thousands of coins? And the final question, if the coins were in shrink wrap rolls, how did they know they were all state quarter/President mules? I'd say that at the moment, without seeing any of them, this report is severely lacking in credibility.
Even with 1500 sold you would think this would have been splashed over every coin forum. I bet it's something like this: Item number: 110166357867 If they were real they would also be out on the bay for the quote-investors to try and cash in on.
Frank: Sounds like a lot aog baloney to me. Don't you think that it would make the front page of Coin World if it were true? (And it hasn't been announce to date.) Heck if I found them I'd be yell out loud to everyone to increase the prices. I hope that he didn't buy them, also, if they were shrink wrapped, how could anyone tell what was on the inside of the roll? Sorry, bs to me.
But you don't understand, there was a dollar at one end of the roll and a quarter at the other, and the roll was TIGHTLY wrapped. They had to be errors.
Read the auction, as partially quoted above. The seller admits that a private company glued together split coins, so why should Coin World give it any publicity?
Hontonai, go back over the thread. Treashunt was talking about the auction listed in the original post not the eBay auction listed much later. His comments about the information in that post are accurate.
