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Novelty item is already over $900

dbldie55dbldie55 Posts: 7,731 ✭✭✭✭✭
Does anyone think this is real?

MULE QUARTER DOLLAR
Collector and Researcher of Liberty Head Nickels. ANA LM-6053

Comments

  • airplanenutairplanenut Posts: 22,148 ✭✭✭✭✭
    It's fake... someone's gonna get screwed... NO RETURNS!!! ALL ITEMS AS-IS!!!

    Besides, weren't the mules out of Phili, not Denver?

    Jeremy
    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • TWQGTWQG Posts: 3,145 ✭✭
    Is there a return 'privlage' or not?
  • krankykranky Posts: 8,709 ✭✭✭
    And this seller runs a coin shop? Inexcusable!

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • RussRuss Posts: 48,514 ✭✭✭
    Now, it's over $1500. Why can't eBay do something about this kind of fraud? This seller has plenty of past problems.

    Russ, NCNE
  • zennyzenny Posts: 1,547 ✭✭
    the problem is it takes soooo long and is soooo expensive to get a coin authenticated and slabbed. some dealers just don't have the time and money. hahaha
  • RussRuss Posts: 48,514 ✭✭✭
    Holy crap! Now it's over $2500!

    Russ, NCNE
  • I would agree that my first hunch is that it is fake due to it not being authenticated, but are there any diagnostics that indicate that it's fake?
  • zennyzenny Posts: 1,547 ✭✭
    it really does look too good to be true. if he had just sent it to acg it would have been put in a nice piece of plastic that said ms-70 and would have only cost a couple bucks. then we wouldn't have to have had this thread because we'd all be so busy bidding furiously on it.

  • RampageRampage Posts: 9,448 ✭✭✭✭✭
    I know who the high bidder is. I cannot interfere as stated in eBay's policies. I sure hate to see someone get taken out of that much cash for that 10 dollar coin.
  • You can see two rims on the obverse.


    For some life lasts a short while, but the memories it holds last forever.
    -Laura Swenson

    In memory of BL, SM, and KG. 16 and forever young, rest in peace.
  • zennyzenny Posts: 1,547 ✭✭
    rampage - i didn't know there were ebay policies against warning people of possible fraud. what are they?
  • RussRuss Posts: 48,514 ✭✭✭
    Zenny,

    Unfortunately, it's against eBay policy to interfere by contacting bidders.

    It's not against policy, though, to report the seller to the eBay fraud department, which I just did. I also sent an eMail to the seller asking why he didn't have the coin authenticated. Slabbed, it would be worth HUGE money.

    Russ, NCNE
  • What is it? Are you guys saying this guy made it himself?
  • zennyzenny Posts: 1,547 ✭✭
    Russ

    has that always been the policy? i've been warned of stuff in the past, and have done my share of giving heads up! didn't know it was a nono! :-O
  • There is another "mule" auction no. 1379005192 that explains one way to make a "mule". someone milled out the backside of an sba and popped a quarter into it.
  • RussRuss Posts: 48,514 ✭✭✭
    Zenny,

    I don't know if it's always been the policy, but a couple months ago I got a warning from eBay after I tried to give a heads up to a bidder who apparently was so offended by my attempt to help that he reported me. In this case, it was yet another seller trying to fob off an Accented Hair Kennedy that wasn't.

    Russ, NCNE
  • TheNumishTheNumish Posts: 1,628 ✭✭
    Coin looks like a D mint. Aren't all the mules P mint?
  • braddickbraddick Posts: 23,963 ✭✭✭✭✭


    << <i>What is it? Are you guys saying this guy made it himself? >>



    These may be purchased at $11.00 each or two for $20.00 from a box ad in the Numismatic News. Do you want one? -Art Ford, PMB133, 13782 Bear Valley Rd. D3, Victorville, CA 92392 (from the September 10th issue of Numismatic News, page 49, third column for the left, the 10th ad down).
    It is a novelty and I even considered buying one (or two) just for fun.

    peacockcoins

  • PlacidPlacid Posts: 11,299 ✭✭✭
    Look at a "real" mule.

    image
    image

    Link to a real mule.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>NGC MS-67. Found in a U.S. Post Office vending machine >>



    Huh? A coin pulled from a vending machine graded MS67?

    Russ, NCNE
  • 66Tbird66Tbird Posts: 2,858 ✭✭✭
    My first thought was exactly what the Numish said.

    I have a magazine (things you never thought existed) and the exact pic is in it, from what I remember anyway, and it was 19.95.
    Need something designed and 3D printed?
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    The high bidder is a member of this board and other error clubs. He knows errors. I'm minding my own business.
    Change that we can believe in is that change which is 90% silver.
  • BearBear Posts: 18,953 ✭✭✭
    Dog - As usual your advice makes a lot of sense. Everyone should back off and settle down.
    Let the experts and specialists bidding on the monstrosity work it out. Bear
    There once was a place called
    Camelotimage
  • wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    The real issue is, that someone has enough confidence to bid on it RAW!!!!
    I dont understand peoples cavalier attitude, I guess its the bidders money to throw away.


    Brian.
  • PhillyJoePhillyJoe Posts: 2,700 ✭✭✭✭
    The wise bear has spoken; but I wouldn't want to be the buyer or seller on this one!!!!!

    Joe
    The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. image
  • Okay I guess everyone is implying that the coin is bogus, and because of ebay rules none wants to warn the fellow member?

    How about a link to the real mule from an anonymous party.

    Looking for PCGS gold eagles.
  • krankykranky Posts: 8,709 ✭✭✭


    << <i>

    << <i>NGC MS-67. Found in a U.S. Post Office vending machine >>



    Huh? A coin pulled from a vending machine graded MS67?

    Russ, NCNE >>



    Certainly wouldn't be common, but not totally far-fetched, actually. I'm guessing new rolls were used to load up the vending machine.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • RussRuss Posts: 48,514 ✭✭✭
    Now, this is getting interesting. I just heard back from the seller:



    << <i>From: Rlbcoins1@aol.com
    Date: Sun, 8 Sep 2002 22:41:11 EDT
    Subject: Re: Question for seller -- Item #1379400710
    To: sales@compucheap.com
    X-Mailer: AOL 7.0 for Windows US sub 10641

    This is not real. No the coin is not been certified and yes all mules so far found are from Phil. and this is a Denver mint Mule. Thank-you Randall >>



    Emphasis added, so nobody would miss the important part. If he knows it's not real, what the hell is he doing here?

    Russ, NCNE
  • ROTFLMAO!!!!!!!!! **hehe** **hehe** **hehe** imageimageimageimageimage
    ahhhh....... SODO MELVIN?????
  • PlacidPlacid Posts: 11,299 ✭✭✭
    He should have made that clear in the auction. He did start it at $9.99 but still...
  • The seller says he will end the auction tommorrow! He is probably interested in seeing how high it would go( how many fools there are).
    You can fool man but you can't fool God! He knows why you do what you do!
  • The auction was ended an hour or so ago, "because of an error in the listing".

    Pete
  • The Discovery Channel once did a special on the mint which included a segment on a guy who makes these novelity items in his machine shop. I think he's from PA but it's been a while since I saw the show and could be wrong about the location. They showed how he used precision tools to hollow out the back of one coin then (quite frankly I forget the specifics) he split the other in half to reduce it's thickness and he glues one inside the other. They said it not an illegal activty and he sells them for $9.99. It looks to be the same product.
    It's the "hunt" that makes this such a great hobby...

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