New Zealand is to release a series of 'The Hobbit' coins that will be considered legal tender.
To commemorate the upcoming release of Peter Jackson's new film trilogy, the coins will come in a variety of face values and depict characters from the movies such as Bilbo Baggins and Gandalf the wizard. Many of the coins are expected to be worth a lot more than their face value with the gold NZ$10 coin worth over NZ$3,695 to collectors.
New Zealand are hoping to see a big increase in tourism thanks to both the success of the original Lord of the Rings films and the new upcoming prequel trilogy. The coins will be going on sale from November 1st.
"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."
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