this post was submitted on 27 Nov 2024
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We also have a Vegemite on toast coin
Are these put into circulation or just purely collectors items?
They are legal tender but rare so their price in 10 years can be anyone's guess, maybe around $100.
I meant is it like the Sacagawea coins in the US or more like the mint runs they do?
Sacagawea dollar coin was put into general circulation, and could be obtained at any US bank. But everyone thought they were cool, so people would almost never spend them. While a mint run costs more than the face dollar value of the coin.
It's unfortunate too because coins last way longer than bills, but they have never been successful at getting people to spend them in the US.
I would love to see 1, 2 and $5 coins being used... but probably will never happen here.
Limited mint runs. They weren't introducing new denominations, just reskins.