Now this is not fiat currency. It's backed by yeast, and sure to rise.
Posted on 12/15/2022 1:34:58 AM PST by nickcarraway
Vegemite, loved by Australians, celebrates 100 years in 2023.
To mark the occasion, the Royal Australian Mint has released a Vegemite edition of the $1 coin.
The coloured coin will feature a piece of toast with Vegemite smeared on it, which is “surely Australia’s national dish”, the Mint said.
“As an Aussie icon and a rite of passage, Vegemite celebrates everything unique and fun about Australia, and what it means to be Happy Little Vegemites!” the Royal Australian Mint said.
The Queen’s face will be on the flip side of Vegemite coin. The Queen’s portrait has been on Australian coins since 1953, the year of her coronation.
Come 2023, coins featuring the new monarch, King Charles III, will start circulating in Australia.
‘Very popular’
Australian coin expert Joel Kandiah told 7News he expects the Vegemite coins to be very popular.
“I think it will be very popular for the basis that it is a well-designed coin, people have an affinity with Vegemite (whether they love it or hate it!) and people will want to add another coloured coin to their collections,” he said.
He says it will also be very popular due to it being the last set to feature the Queen.
Mr Kandiah, who has a massive platform on TikTok dedicated to talking about coins, said he is a fan of the Vegemite dollar.
There will be options to choose from, if you are interested in getting a set that features the Vegemite toast coin.
For $33, people can get their hands on the 2023 Six-Coin Uncirculated Year Set.
This set includes the custom $1 coin and the standard 5 cent, 10 cent, 20 cent and $2 coins.
For $130, you can get the Proof set.
Now this is not fiat currency. It's backed by yeast, and sure to rise.
Nasty stuff! Sorry I won’t touch or let anyone else in my presence try it!! Seconded by Nutella...The second worst thing in the Aussie pantry.
Aw, not that song again already...
A little too much Vegemite and I recommend adding Jarlsberg cheese on top. Looking forward to this coin.
OK, so what is it made of, and what does it taste like?
LOL. The AU mint has a lot of interesting coins they mint as bullion.
It’s made of yeast and salt. It sort of tastes like very salty soy sauce paste.
North Mountain gave a pretty good description. The British have a similar product called Marmite, but not as good. If you grew up with it, you probably like it; if not then you’ll probably revile it.
Normally spread very thin and splotchy as it has a very overpowering flavour. Most Aussies have a cruel sense of humour and will give Americans a full spoon to try. Almost no one will enjoy it this way.
It is a staple item found in the pantry of most Australians, in fact I need to buy more when I go to Costco this weekend as I’m running out. It is also a great flavour enhancer for soups.
Thanks. Just from the name I was dubious...
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