2000 One Dollar Mule with Ten Cent Obverse - PCGS MS64

Australia, 2000 One Dollar Mule with Ten Cent Obverse -

For our parents and grandparents, it was the 1930 penny. For us, it’s the 2000 $1 mule. Nothing quite captures the imagination more than finding a rare coin in your pockets, and when the 2000 dollar mule was first discovered a few years after its issue, it inspired a whole new generation of collectors to start looking at their change. In fact, this popular mint error has been in circulation for eighteen years but collectors are still scouring coin bags for this elusive issue. While lower-grade examples are widely collected and easily sourced, Mint State examples are scarce, while the best examples, in PCGS MS64, make up only 2% of the population of graded mules. In fact, since 2000, PCGS has graded 293 dollar mules across all grades, but only five examples have graded MS64, with none finer. Three of those are in long-term collections and will not hit the market in the near term, while the fourth was placed by a Sydney dealer in the last eighteen months. The example on offer here is numerically equal to the other four pieces, but is the nicest mule I’ve seen, even amongst those in MS64. It is practically fully-lustrous, as though just cracked out of a roll, with minimal marks, spots, or blemishes. There are two larger bag marks in front of the Queen’s forehead, mentioned for accuracy. Overall, it’s a superior coin, and one of the nicest examples of this modern rarity I’ve handled. RARE in this grade, and one to put aside for the long-term.