By Mark Worgan On October 12, 2012

New Zealand's New Currency: Hobbit Coins

Fans can buy up coins to celebrate films

Ever wanted to pay for your daily paper with a Gandalf? Or buy a sheep with a Bilbo? Well if paying for items with characters from the novels of J.R.R Tolkein is weirdly at the top of your priorities list you should head to New Zealand because coins celebrating the release of 'The Hobbit' will become legal tender from November 1.

Featuring characters from the upcoming movie, including Bilbo Baggins and Gandalf, some of the coins will cost over 350 times their face value of NZ$10 ($5).

One coin, made from an ounce of pure gold will cost fans $3,695 (£1,890), with a $10 face value.

So you'd have to be a chump on a level with some of the dwarves in Middle-Earth to pay for anything with it.

The cheapest coin will cost $29.90 (£15), with a face value of $1 (£0.50)

The coins  will go on sale from November 1, ahead of the film's world premiere in Wellington on November 28.

The New Zealand Post owns the exclusive rights to the coins, and according to Digital Spy spokesperson said: "reflect New Zealand as the home of Middle-earth, and are destined to be collectables for years to come."

Peter Jackson's trilogy of films stars Martin Freeman and Sir Ian McKellen alongside Benedict Cumberbatch, Evangeline Lilly, Richard Armitage and returning Lord of the Rings cast members including Elijah Wood, Cate Blanchett and Sir Ian McKellen.

PHOTOS: Stills from 'The Hobbit'

Tags : Martin Freeman

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