Silver Ounce 2021 The Lord of the Rings - Frodo, Coin from New Zealand - detailed information

New Zealand uses the New Zealand Dollar as its circulation currency for daily transactions. The country also issues a number of commemorative and collector coins, including in the internationally popular one ounce of silver format (abbreviated as 1 oz Ag, where "Ag" comes from the Latin word for silver, Argentum). Authorised by the Reserve Bank of New Zealand, the official issuer of these coins is NZ Post - which also issues the country's postal stamps. Manufacturing of the coins is commissioned to various foreign mints.

The coins are "Non-Circulating Legal Tender" (NCLT) and not bullion because they are issued at prices much higher than their intrinsic value and are targeted at collectors who appreciate them for their artistic or sentimental value, and not at bullion investors.

December 2021 marked 20 years since the release of The Lord of the Rings: The Fellowship of the Ring. A fantasy story of epic proportions, the film invited a new generation into the world of J.R.R. Tolkien's beloved mid-century novels. The Lord of the Rings trilogy was filmed entirely in New Zealand, whose unique landscapes provided a bounty of spectacular scenery. One of modern cinema's greatest achievements, the film earned 13 Academy Award nominations and grossed US$897.7 million worldwide, putting New Zealand on the map as a beautiful place to visit and a brilliant location for film making.

This coin features the famous scene from the film in which the Hobbit Frodo reaches out his hand for the One Ring, so that it lands directly on his finger. Frodo was the nephew of Bilbo Baggins and was chosen by Gandalf to leave the Shire to destroy the One Ring in the fires of Mount Doom. With the help of his strong will, his bravery, and not least the support of his companions, Frodo was able to master the arduous journey to Mordor, destroy the Ring, and end the terror spread by Sauron.

The obverse of the coin features 'Middle-earth' alongside 'New Zealand', acknowledging New Zealand's role in the films as the fictional land. These coins have been minted in flip orientation, where the coin is flipped vertically to show the obverse right side up.