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  So bright, so beautiful. Ah, precious! 'Hobbit' coins to be legal tender in New Zealand
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ContributorHomegrown Democrat 
Last EditedHomegrown Democrat  Oct 12, 2012 03:03am
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CategoryNews
AuthorMATILDA BATTERSBY
MediaNewspaper - Independent
News DateThursday, October 11, 2012 08:00:00 AM UTC0:0
DescriptionSomething as shiny, but not quite as precious, as the ring from the film adaptation of JRR Tolkien’s Lord of the Rings series could soon be used to do your weekly shopping – if you live in New Zealand, that is. Newly minted ‘Hobbit’ coins, featuring characters such as Bilbo Baggins and Gandalf, are to become legal tender in the country.

The New Zealand Post (the equivalent of Britain’s Royal Mail) has revealed it will issue the “only official legal tender commemorative coins from Middlie-earth” ahead of the release of the first of The Hobbit trilogy, a series of prequels to Peter Jackson’s cinematic Rings franchise.

The most expensive coin, made from one ounce of pure gold, will set you back NZ$3,695 (£1,890) despite having a face value of around £5. The cheapest single coin costs NZ$29.80 (£15).

The coins will be available to buy from 1 November, but it is unlikely such coins will be spent like normal money with collectors expected to boost their face value sky high.
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