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Hobbit coins to become legal tender

hobbit coins

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#1    Still Waters

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Posted 10 October 2012 - 12:23 PM

Hobbit coins, featuring characters such as Bilbo Baggins and Gandalf the wizard, will be legal tender in the country, New Zealand Post said – although their face value will be only a fraction of the cost collectors will be expected to pay.

The most expensive, made from one ounce (28.3 grams) of pure gold, costs more than 350 times its face value. It will set Tolkien enthusiasts back NZ$3,695 ($3,020) but has a face value of just NZ$10.

The cheapest is available for almost 30 times its face value – a NZ$1 coin retailing for NZ$29.90.

http://www.telegraph...ew-Zealand.html
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#2    Taun

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Posted 10 October 2012 - 12:54 PM

Kinda pricey for a NZ$10 coin....

#3    Jackofalltrades

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Posted 10 October 2012 - 01:33 PM

For that type of face value I would rather keep them than spend them

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#4    wolfknight

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Posted 10 October 2012 - 03:51 PM

I think I will pass

Edited by wolfknight, 10 October 2012 - 03:51 PM.


#5    OverSword

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Posted 10 October 2012 - 06:50 PM

What a scam.  Nobody is going to pay $3,020.00 for one ounce of gold.

#6    Junior Chubb

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Posted 11 October 2012 - 12:09 PM

I think you will find they already are legal tender in 'The Shire'

#7    King Fluffs

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Posted 11 October 2012 - 04:37 PM

:-P

#8    Unusual

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Posted 11 October 2012 - 10:05 PM

Cool, looking forward when they come out in New Zealand.

#9    Zaphod222

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Posted 20 October 2012 - 02:34 PM

The Hobbit will be one of the worlds better currencies. At least Ben Bernanke will not print gadzillions of it to finance US pork spending.




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