Vegemite, an Australian icon, has been around for a very long time – 100 years, in fact. To celebrate this milestone, the Royal Australian Mint released a new $1 coin for Vegemite's 100th anniversary.

And it’s sending coin collectors into a frenzy.

Collecting coins can be a fun and interesting hobby for anyone, of any age, plus, there's also the appeal of being able to invest in a high-demand commodity.

This is why many are keen to get their hands on the new $1 Vegemite coin that was released today (November 17)!

The Royal Australian Mint (RAM) said that the coin features a piece of Vegemite toast with a bite taken out of it on one side, and will be the last coin released by the RAM to feature the Queen’s face on the back.

They also revealed that this coloured coin will be part of a 2023 Year Set.

Are you excited about the new coin? Credit: Shutterstock

Joel Kandiah, a leading Aussie coin expert, predicted that the set will be in ‘hot demand’ for multiple reasons.

In a video he shared on TikTok, he said that the popularity of Vegemite, plus coloured coins will attract a lot of attention – especially since these will be the last coins to feature the late Queen.

He said: ‘Each year a theme is usually represented - in 2021, it was the 50th Anniversary of the Aboriginal flag; in 2022, frontline workers.’

‘Being the last [year] set that will feature the Queen, the demand will be exacerbated by that.’

‘I think it will be very popular on 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 explained.

He also said that the mintage will be high, making it easy for people to collect the coins. ‘I hope that everyone that wants a set will get a hand on the set. It would be a nice memento for many collectors to celebrate the end of an era.’

Joel is also a teacher based in Perth and uses his platform to educate people on the value and history of money. Credit: Thehistoryofmoney in TikTok

He added: ‘It’s a simple design but I think it really represents a scene that is common across many households in Australia in the morning, that piece of toast with a slight layer of Vegemite across.’

Joel said that the new set will be available at two price points: ‘The uncirculated set will be $33 and the proof set is $130. They will be available from authorised mint distributors from Thursday.’

If you’d like to get your set from the RAM eShop, you’ll have to wait until December 1. ‘They are still dealing with issues from the 2022 Red Poppy release two weeks ago,’ Joel admitted.

Joel also reassured people that they should not ‘rush’ getting their hands on a set, because the mintage of these sets is ‘usually unlimited’, and even if the initial run ends, RAM will likely make more down the line.

For coin collectors out there, Joel said not to worry too much about the ‘price’ of the collector’s item. He also has some advice:

‘Lately, people seem to be obsessed with the price of the coin. But there is a saying “people know the price of everything but the value of nothing” - enjoy the hobby by getting something that appeals to you and you’ll value it even more!’

You can watch Joel’s video below:

​

Key Takeaways

• A new $1 coin is being released to commemorate Vegemite’s 100th anniversary.
• The Royal Australian Mint released the coloured $1 coin as part of its 2023 Year Set.
• The new coin features a piece of Vegemite toast with a bite taken out of it on one side and will be the last coin released by the RAM to feature the Queen’s face on the back.
• Leading Australian coin expert Joel Kandiah predicts the set will be in hot demand due to the popularity of Vegemite and coloured coins, as well as the fact that these will be the last coins to feature the Queen’s image.
• Kandiah said the new set will be available at two price points: The uncirculated set will be $33 and the proof set is $130.

What are your thoughts on this story? Are you looking to get your hands on a Vegemite coin? Let us know in the comments!

 

[Wandiwa]

Unbelievable, this, I would be expecting as an April 1st prank. Not a real thing ............

 

[Carole_Peggy]

Vegemite, an Australian icon, has been around for a very long time – 100 years, in fact. To celebrate this milestone, the Royal Australian Mint released a new $1 coin for Vegemite's 100th anniversary.

And it’s sending coin collectors into a frenzy.

Collecting coins can be a fun and interesting hobby for anyone, of any age, plus, there's also the appeal of being able to invest in a high-demand commodity.

This is why many are keen to get their hands on the new $1 Vegemite coin that was released today (November 17)!

The Royal Australian Mint (RAM) said that the coin features a piece of Vegemite toast with a bite taken out of it on one side, and will be the last coin released by the RAM to feature the Queen’s face on the back.

They also revealed that this coloured coin will be part of a 2023 Year Set.

View attachment 9115

Are you excited about the new coin? Credit: Shutterstock

Joel Kandiah, a leading Aussie coin expert, predicted that the set will be in ‘hot demand’ for multiple reasons.

In a video he shared on TikTok, he said that the popularity of Vegemite, plus coloured coins will attract a lot of attention – especially since these will be the last coins to feature the late Queen.

He said: ‘Each year a theme is usually represented - in 2021, it was the 50th Anniversary of the Aboriginal flag; in 2022, frontline workers.’

‘Being the last [year] set that will feature the Queen, the demand will be exacerbated by that.’

‘I think it will be very popular on 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 explained.

He also said that the mintage will be high, making it easy for people to collect the coins. ‘I hope that everyone that wants a set will get a hand on the set. It would be a nice memento for many collectors to celebrate the end of an era.’

View attachment 9114

Joel is also a teacher based in Perth and uses his platform to educate people on the value and history of money. Credit: Thehistoryofmoney in TikTok

He added: ‘It’s a simple design but I think it really represents a scene that is common across many households in Australia in the morning, that piece of toast with a slight layer of Vegemite across.’

Joel said that the new set will be available at two price points: ‘The uncirculated set will be $33 and the proof set is $130. They will be available from authorised mint distributors from Thursday.’

If you’d like to get your set from the RAM eShop, you’ll have to wait until December 1. ‘They are still dealing with issues from the 2022 Red Poppy release two weeks ago,’ Joel admitted.

Joel also reassured people that they should not ‘rush’ getting their hands on a set, because the mintage of these sets is ‘usually unlimited’, and even if the initial run ends, RAM will likely make more down the line.

For coin collectors out there, Joel said not to worry too much about the ‘price’ of the collector’s item. He also has some advice:

‘Lately, people seem to be obsessed with the price of the coin. But there is a saying “people know the price of everything but the value of nothing” - enjoy the hobby by getting something that appeals to you and you’ll value it even more!’

You can watch Joel’s video below:

​

Key Takeaways

• A new $1 coin is being released to commemorate Vegemite’s 100th anniversary.
• The Royal Australian Mint released the coloured $1 coin as part of its 2023 Year Set.
• The new coin features a piece of Vegemite toast with a bite taken out of it on one side and will be the last coin released by the RAM to feature the Queen’s face on the back.
• Leading Australian coin expert Joel Kandiah predicts the set will be in hot demand due to the popularity of Vegemite and coloured coins, as well as the fact that these will be the last coins to feature the Queen’s image.
• Kandiah said the new set will be available at two price points: The uncirculated set will be $33 and the proof set is $130.

What are your thoughts on this story? Are you looking to get your hands on a Vegemite coin? Let us know in the comments!

I would certainly buy it if I was a collector of coins, I’m a bit older now to be starting collecting. I have a few collections of other things already to pass on

 

[Zemo]

Another "must-have" manufactured item craze, just like the ooshies and other Woolies and Coles "free" items that cost you money to get? I really think we can do without this kind of useless social engineering. Have you checked the latest price for a complete set of ooshies on Ebay or Amazon lately? If you paid thirty bucks or so for every shopping "experience" in the hope of extending your collection, and then never got anywhere near the full set, how much did it cost until you gave up in despair or disgust? How many inflated dollars did you pay just to hopefully get the last, elusive item to round it out?

 

[Big M]

Vegemite, an Australian icon, has been around for a very long time – 100 years, in fact. To celebrate this milestone, the Royal Australian Mint released a new $1 coin for Vegemite's 100th anniversary.

And it’s sending coin collectors into a frenzy.

Collecting coins can be a fun and interesting hobby for anyone, of any age, plus, there's also the appeal of being able to invest in a high-demand commodity.

This is why many are keen to get their hands on the new $1 Vegemite coin that was released today (November 17)!

The Royal Australian Mint (RAM) said that the coin features a piece of Vegemite toast with a bite taken out of it on one side, and will be the last coin released by the RAM to feature the Queen’s face on the back.

They also revealed that this coloured coin will be part of a 2023 Year Set.

View attachment 9115

Are you excited about the new coin? Credit: Shutterstock

Joel Kandiah, a leading Aussie coin expert, predicted that the set will be in ‘hot demand’ for multiple reasons.

In a video he shared on TikTok, he said that the popularity of Vegemite, plus coloured coins will attract a lot of attention – especially since these will be the last coins to feature the late Queen.

He said: ‘Each year a theme is usually represented - in 2021, it was the 50th Anniversary of the Aboriginal flag; in 2022, frontline workers.’

‘Being the last [year] set that will feature the Queen, the demand will be exacerbated by that.’

‘I think it will be very popular on 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 explained.

He also said that the mintage will be high, making it easy for people to collect the coins. ‘I hope that everyone that wants a set will get a hand on the set. It would be a nice memento for many collectors to celebrate the end of an era.’

View attachment 9114

Joel is also a teacher based in Perth and uses his platform to educate people on the value and history of money. Credit: Thehistoryofmoney in TikTok

He added: ‘It’s a simple design but I think it really represents a scene that is common across many households in Australia in the morning, that piece of toast with a slight layer of Vegemite across.’

Joel said that the new set will be available at two price points: ‘The uncirculated set will be $33 and the proof set is $130. They will be available from authorised mint distributors from Thursday.’

If you’d like to get your set from the RAM eShop, you’ll have to wait until December 1. ‘They are still dealing with issues from the 2022 Red Poppy release two weeks ago,’ Joel admitted.

Joel also reassured people that they should not ‘rush’ getting their hands on a set, because the mintage of these sets is ‘usually unlimited’, and even if the initial run ends, RAM will likely make more down the line.

For coin collectors out there, Joel said not to worry too much about the ‘price’ of the collector’s item. He also has some advice:

‘Lately, people seem to be obsessed with the price of the coin. But there is a saying “people know the price of everything but the value of nothing” - enjoy the hobby by getting something that appeals to you and you’ll value it even more!’

You can watch Joel’s video below:

​

Key Takeaways

• A new $1 coin is being released to commemorate Vegemite’s 100th anniversary.
• The Royal Australian Mint released the coloured $1 coin as part of its 2023 Year Set.
• The new coin features a piece of Vegemite toast with a bite taken out of it on one side and will be the last coin released by the RAM to feature the Queen’s face on the back.
• Leading Australian coin expert Joel Kandiah predicts the set will be in hot demand due to the popularity of Vegemite and coloured coins, as well as the fact that these will be the last coins to feature the Queen’s image.
• Kandiah said the new set will be available at two price points: The uncirculated set will be $33 and the proof set is $130.

What are your thoughts on this story? Are you looking to get your hands on a Vegemite coin? Let us know in the comments!

More people in a frenzy and going wild! can’t you think of better words?

 

[Chris50Smith]

Vegemite, an Australian icon, has been around for a very long time – 100 years, in fact. To celebrate this milestone, the Royal Australian Mint released a new $1 coin for Vegemite's 100th anniversary.

And it’s sending coin collectors into a frenzy.

Collecting coins can be a fun and interesting hobby for anyone, of any age, plus, there's also the appeal of being able to invest in a high-demand commodity.

This is why many are keen to get their hands on the new $1 Vegemite coin that was released today (November 17)!

The Royal Australian Mint (RAM) said that the coin features a piece of Vegemite toast with a bite taken out of it on one side, and will be the last coin released by the RAM to feature the Queen’s face on the back.

They also revealed that this coloured coin will be part of a 2023 Year Set.

View attachment 9115

Are you excited about the new coin? Credit: Shutterstock

Joel Kandiah, a leading Aussie coin expert, predicted that the set will be in ‘hot demand’ for multiple reasons.

In a video he shared on TikTok, he said that the popularity of Vegemite, plus coloured coins will attract a lot of attention – especially since these will be the last coins to feature the late Queen.

He said: ‘Each year a theme is usually represented - in 2021, it was the 50th Anniversary of the Aboriginal flag; in 2022, frontline workers.’

‘Being the last [year] set that will feature the Queen, the demand will be exacerbated by that.’

‘I think it will be very popular on 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 explained.

He also said that the mintage will be high, making it easy for people to collect the coins. ‘I hope that everyone that wants a set will get a hand on the set. It would be a nice memento for many collectors to celebrate the end of an era.’

View attachment 9114

Joel is also a teacher based in Perth and uses his platform to educate people on the value and history of money. Credit: Thehistoryofmoney in TikTok

He added: ‘It’s a simple design but I think it really represents a scene that is common across many households in Australia in the morning, that piece of toast with a slight layer of Vegemite across.’

Joel said that the new set will be available at two price points: ‘The uncirculated set will be $33 and the proof set is $130. They will be available from authorised mint distributors from Thursday.’

If you’d like to get your set from the RAM eShop, you’ll have to wait until December 1. ‘They are still dealing with issues from the 2022 Red Poppy release two weeks ago,’ Joel admitted.

Joel also reassured people that they should not ‘rush’ getting their hands on a set, because the mintage of these sets is ‘usually unlimited’, and even if the initial run ends, RAM will likely make more down the line.

For coin collectors out there, Joel said not to worry too much about the ‘price’ of the collector’s item. He also has some advice:

‘Lately, people seem to be obsessed with the price of the coin. But there is a saying “people know the price of everything but the value of nothing” - enjoy the hobby by getting something that appeals to you and you’ll value it even more!’

You can watch Joel’s video below:

​

Key Takeaways

• A new $1 coin is being released to commemorate Vegemite’s 100th anniversary.
• The Royal Australian Mint released the coloured $1 coin as part of its 2023 Year Set.
• The new coin features a piece of Vegemite toast with a bite taken out of it on one side and will be the last coin released by the RAM to feature the Queen’s face on the back.
• Leading Australian coin expert Joel Kandiah predicts the set will be in hot demand due to the popularity of Vegemite and coloured coins, as well as the fact that these will be the last coins to feature the Queen’s image.
• Kandiah said the new set will be available at two price points: The uncirculated set will be $33 and the proof set is $130.

What are your thoughts on this story? Are you looking to get your hands on a Vegemite coin? Let us know in the comments!

It looks like a melanoma.

 

[Ricci]

I'll wait till I get one in my change then I night put it to one side.

 

[OldBells]

Vegemite, an Australian icon, has been around for a very long time – 100 years, in fact. To celebrate this milestone, the Royal Australian Mint released a new $1 coin for Vegemite's 100th anniversary.

And it’s sending coin collectors into a frenzy.

Collecting coins can be a fun and interesting hobby for anyone, of any age, plus, there's also the appeal of being able to invest in a high-demand commodity.

This is why many are keen to get their hands on the new $1 Vegemite coin that was released today (November 17)!

The Royal Australian Mint (RAM) said that the coin features a piece of Vegemite toast with a bite taken out of it on one side, and will be the last coin released by the RAM to feature the Queen’s face on the back.

They also revealed that this coloured coin will be part of a 2023 Year Set.

View attachment 9115

Are you excited about the new coin? Credit: Shutterstock

Joel Kandiah, a leading Aussie coin expert, predicted that the set will be in ‘hot demand’ for multiple reasons.

In a video he shared on TikTok, he said that the popularity of Vegemite, plus coloured coins will attract a lot of attention – especially since these will be the last coins to feature the late Queen.

He said: ‘Each year a theme is usually represented - in 2021, it was the 50th Anniversary of the Aboriginal flag; in 2022, frontline workers.’

‘Being the last [year] set that will feature the Queen, the demand will be exacerbated by that.’

‘I think it will be very popular on 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 explained.

He also said that the mintage will be high, making it easy for people to collect the coins. ‘I hope that everyone that wants a set will get a hand on the set. It would be a nice memento for many collectors to celebrate the end of an era.’

View attachment 9114

Joel is also a teacher based in Perth and uses his platform to educate people on the value and history of money. Credit: Thehistoryofmoney in TikTok

He added: ‘It’s a simple design but I think it really represents a scene that is common across many households in Australia in the morning, that piece of toast with a slight layer of Vegemite across.’

Joel said that the new set will be available at two price points: ‘The uncirculated set will be $33 and the proof set is $130. They will be available from authorised mint distributors from Thursday.’

If you’d like to get your set from the RAM eShop, you’ll have to wait until December 1. ‘They are still dealing with issues from the 2022 Red Poppy release two weeks ago,’ Joel admitted.

Joel also reassured people that they should not ‘rush’ getting their hands on a set, because the mintage of these sets is ‘usually unlimited’, and even if the initial run ends, RAM will likely make more down the line.

For coin collectors out there, Joel said not to worry too much about the ‘price’ of the collector’s item. He also has some advice:

‘Lately, people seem to be obsessed with the price of the coin. But there is a saying “people know the price of everything but the value of nothing” - enjoy the hobby by getting something that appeals to you and you’ll value it even more!’

You can watch Joel’s video below:

​

Key Takeaways

• A new $1 coin is being released to commemorate Vegemite’s 100th anniversary.
• The Royal Australian Mint released the coloured $1 coin as part of its 2023 Year Set.
• The new coin features a piece of Vegemite toast with a bite taken out of it on one side and will be the last coin released by the RAM to feature the Queen’s face on the back.
• Leading Australian coin expert Joel Kandiah predicts the set will be in hot demand due to the popularity of Vegemite and coloured coins, as well as the fact that these will be the last coins to feature the Queen’s image.
• Kandiah said the new set will be available at two price points: The uncirculated set will be $33 and the proof set is $130.

What are your thoughts on this story? Are you looking to get your hands on a Vegemite coin? Let us know in the comments!

Vegemite is revolting enough, do we have to see it on our money too

 

[Alan W]

Vegemite is revolting enough, do we have to see it on our money too

You are unlikely to ever see it. It is not going into general circulation, just another money making exercise by the mint for collectors only.

 

[Zemo]

Vegemite is revolting enough, do we have to see it on our money too

You can always turn it over.

 

[DebraJeanLee]

Vegemite, an Australian icon, has been around for a very long time – 100 years, in fact. To celebrate this milestone, the Royal Australian Mint released a new $1 coin for Vegemite's 100th anniversary.

And it’s sending coin collectors into a frenzy.

Collecting coins can be a fun and interesting hobby for anyone, of any age, plus, there's also the appeal of being able to invest in a high-demand commodity.

This is why many are keen to get their hands on the new $1 Vegemite coin that was released today (November 17)!

The Royal Australian Mint (RAM) said that the coin features a piece of Vegemite toast with a bite taken out of it on one side, and will be the last coin released by the RAM to feature the Queen’s face on the back.

They also revealed that this coloured coin will be part of a 2023 Year Set.

View attachment 9115

Are you excited about the new coin? Credit: Shutterstock

Joel Kandiah, a leading Aussie coin expert, predicted that the set will be in ‘hot demand’ for multiple reasons.

In a video he shared on TikTok, he said that the popularity of Vegemite, plus coloured coins will attract a lot of attention – especially since these will be the last coins to feature the late Queen.

He said: ‘Each year a theme is usually represented - in 2021, it was the 50th Anniversary of the Aboriginal flag; in 2022, frontline workers.’

‘Being the last [year] set that will feature the Queen, the demand will be exacerbated by that.’

‘I think it will be very popular on 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 explained.

He also said that the mintage will be high, making it easy for people to collect the coins. ‘I hope that everyone that wants a set will get a hand on the set. It would be a nice memento for many collectors to celebrate the end of an era.’

View attachment 9114

Joel is also a teacher based in Perth and uses his platform to educate people on the value and history of money. Credit: Thehistoryofmoney in TikTok

He added: ‘It’s a simple design but I think it really represents a scene that is common across many households in Australia in the morning, that piece of toast with a slight layer of Vegemite across.’

Joel said that the new set will be available at two price points: ‘The uncirculated set will be $33 and the proof set is $130. They will be available from authorised mint distributors from Thursday.’

If you’d like to get your set from the RAM eShop, you’ll have to wait until December 1. ‘They are still dealing with issues from the 2022 Red Poppy release two weeks ago,’ Joel admitted.

Joel also reassured people that they should not ‘rush’ getting their hands on a set, because the mintage of these sets is ‘usually unlimited’, and even if the initial run ends, RAM will likely make more down the line.

For coin collectors out there, Joel said not to worry too much about the ‘price’ of the collector’s item. He also has some advice:

‘Lately, people seem to be obsessed with the price of the coin. But there is a saying “people know the price of everything but the value of nothing” - enjoy the hobby by getting something that appeals to you and you’ll value it even more!’

You can watch Joel’s video below:

​

Key Takeaways

• A new $1 coin is being released to commemorate Vegemite’s 100th anniversary.
• The Royal Australian Mint released the coloured $1 coin as part of its 2023 Year Set.
• The new coin features a piece of Vegemite toast with a bite taken out of it on one side and will be the last coin released by the RAM to feature the Queen’s face on the back.
• Leading Australian coin expert Joel Kandiah predicts the set will be in hot demand due to the popularity of Vegemite and coloured coins, as well as the fact that these will be the last coins to feature the Queen’s image.
• Kandiah said the new set will be available at two price points: The uncirculated set will be $33 and the proof set is $130.

What are your thoughts on this story? Are you looking to get your hands on a Vegemite coin? Let us know in the comments!

I am 66 years of age and have collected coins since I was about 12. I find it exciting to look forward to a new coin and my son and his son are now quite the numismatists as well. I might even think about purchasing the proof 2023 set! P.S. I love Vegemite!!

 

[JayKay]

I'm still waiting for a poppy $2 coin in my change....I've been waiting for 7 years.
I'd love a poppy coin, seeing I've knitted over 800 red ones for different people, over 100 purple ones and 100 white ones.
As for the Vegemite dollar coin, I'd love to at least see one.... Vegemite is such an Australian icon.

 

[Defiant540]

Vegemite, an Australian icon, has been around for a very long time – 100 years, in fact. To celebrate this milestone, the Royal Australian Mint released a new $1 coin for Vegemite's 100th anniversary.

And it’s sending coin collectors into a frenzy.

Collecting coins can be a fun and interesting hobby for anyone, of any age, plus, there's also the appeal of being able to invest in a high-demand commodity.

This is why many are keen to get their hands on the new $1 Vegemite coin that was released today (November 17)!

The Royal Australian Mint (RAM) said that the coin features a piece of Vegemite toast with a bite taken out of it on one side, and will be the last coin released by the RAM to feature the Queen’s face on the back.

They also revealed that this coloured coin will be part of a 2023 Year Set.

View attachment 9115

Are you excited about the new coin? Credit: Shutterstock

Joel Kandiah, a leading Aussie coin expert, predicted that the set will be in ‘hot demand’ for multiple reasons.

In a video he shared on TikTok, he said that the popularity of Vegemite, plus coloured coins will attract a lot of attention – especially since these will be the last coins to feature the late Queen.

He said: ‘Each year a theme is usually represented - in 2021, it was the 50th Anniversary of the Aboriginal flag; in 2022, frontline workers.’

‘Being the last [year] set that will feature the Queen, the demand will be exacerbated by that.’

‘I think it will be very popular on 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 explained.

He also said that the mintage will be high, making it easy for people to collect the coins. ‘I hope that everyone that wants a set will get a hand on the set. It would be a nice memento for many collectors to celebrate the end of an era.’

View attachment 9114

Joel is also a teacher based in Perth and uses his platform to educate people on the value and history of money. Credit: Thehistoryofmoney in TikTok

He added: ‘It’s a simple design but I think it really represents a scene that is common across many households in Australia in the morning, that piece of toast with a slight layer of Vegemite across.’

Joel said that the new set will be available at two price points: ‘The uncirculated set will be $33 and the proof set is $130. They will be available from authorised mint distributors from Thursday.’

If you’d like to get your set from the RAM eShop, you’ll have to wait until December 1. ‘They are still dealing with issues from the 2022 Red Poppy release two weeks ago,’ Joel admitted.

Joel also reassured people that they should not ‘rush’ getting their hands on a set, because the mintage of these sets is ‘usually unlimited’, and even if the initial run ends, RAM will likely make more down the line.

For coin collectors out there, Joel said not to worry too much about the ‘price’ of the collector’s item. He also has some advice:

‘Lately, people seem to be obsessed with the price of the coin. But there is a saying “people know the price of everything but the value of nothing” - enjoy the hobby by getting something that appeals to you and you’ll value it even more!’

You can watch Joel’s video below:

​

Key Takeaways

• A new $1 coin is being released to commemorate Vegemite’s 100th anniversary.
• The Royal Australian Mint released the coloured $1 coin as part of its 2023 Year Set.
• The new coin features a piece of Vegemite toast with a bite taken out of it on one side and will be the last coin released by the RAM to feature the Queen’s face on the back.
• Leading Australian coin expert Joel Kandiah predicts the set will be in hot demand due to the popularity of Vegemite and coloured coins, as well as the fact that these will be the last coins to feature the Queen’s image.
• Kandiah said the new set will be available at two price points: The uncirculated set will be $33 and the proof set is $130.

What are your thoughts on this story? Are you looking to get your hands on a Vegemite coin? Let us know in the comments!

"that piece of toast with a slight layer of Vegemite across." slight layer"????

 

[JayKay]

"that piece of toast with a slight layer of Vegemite across." slight layer"????

I guess medium is a whole jar, thickly spread may be 2 jars????

 

[Suzanne rose]

I'm still waiting for a poppy $2 coin in my change....I've been waiting for 7 years.
I'd love a poppy coin, seeing I've knitted over 800 red ones for different people, over 100 purple ones and 100 white ones.
As for the Vegemite dollar coin, I'd love to at least see one.... Vegemite is such an Australian icon.

I have alot of poppy coins I would be more than happy to send you one.

 

[Suzanne rose]

When I get one in my change I will definitely keep one.
Akthough I won't buy a set

 

[JayKay]

I have alot of poppy coins I would be more than happy to send you one.

Oh, my goodness, Suzanne Rose, you are like a highly sought after coin.....precious and rare.
I'd be delighted to accept your beautiful offer.
I'd like to send you a replacement coin along with a stamped self addressed envelope....but I don't know how to provide you with my details or how I can get yours. Any ideas?

 

[Luckyus]

Vegemite, an Australian icon, has been around for a very long time – 100 years, in fact. To celebrate this milestone, the Royal Australian Mint released a new $1 coin for Vegemite's 100th anniversary.

And it’s sending coin collectors into a frenzy.

Collecting coins can be a fun and interesting hobby for anyone, of any age, plus, there's also the appeal of being able to invest in a high-demand commodity.

This is why many are keen to get their hands on the new $1 Vegemite coin that was released today (November 17)!

The Royal Australian Mint (RAM) said that the coin features a piece of Vegemite toast with a bite taken out of it on one side, and will be the last coin released by the RAM to feature the Queen’s face on the back.

They also revealed that this coloured coin will be part of a 2023 Year Set.

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Are you excited about the new coin? Credit: Shutterstock

Joel Kandiah, a leading Aussie coin expert, predicted that the set will be in ‘hot demand’ for multiple reasons.

In a video he shared on TikTok, he said that the popularity of Vegemite, plus coloured coins will attract a lot of attention – especially since these will be the last coins to feature the late Queen.

He said: ‘Each year a theme is usually represented - in 2021, it was the 50th Anniversary of the Aboriginal flag; in 2022, frontline workers.’

‘Being the last [year] set that will feature the Queen, the demand will be exacerbated by that.’

‘I think it will be very popular on 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 explained.

He also said that the mintage will be high, making it easy for people to collect the coins. ‘I hope that everyone that wants a set will get a hand on the set. It would be a nice memento for many collectors to celebrate the end of an era.’

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Joel is also a teacher based in Perth and uses his platform to educate people on the value and history of money. Credit: Thehistoryofmoney in TikTok

He added: ‘It’s a simple design but I think it really represents a scene that is common across many households in Australia in the morning, that piece of toast with a slight layer of Vegemite across.’

Joel said that the new set will be available at two price points: ‘The uncirculated set will be $33 and the proof set is $130. They will be available from authorised mint distributors from Thursday.’

If you’d like to get your set from the RAM eShop, you’ll have to wait until December 1. ‘They are still dealing with issues from the 2022 Red Poppy release two weeks ago,’ Joel admitted.

Joel also reassured people that they should not ‘rush’ getting their hands on a set, because the mintage of these sets is ‘usually unlimited’, and even if the initial run ends, RAM will likely make more down the line.

For coin collectors out there, Joel said not to worry too much about the ‘price’ of the collector’s item. He also has some advice:

‘Lately, people seem to be obsessed with the price of the coin. But there is a saying “people know the price of everything but the value of nothing” - enjoy the hobby by getting something that appeals to you and you’ll value it even more!’

You can watch Joel’s video below:

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Key Takeaways

• A new $1 coin is being released to commemorate Vegemite’s 100th anniversary.
• The Royal Australian Mint released the coloured $1 coin as part of its 2023 Year Set.
• The new coin features a piece of Vegemite toast with a bite taken out of it on one side and will be the last coin released by the RAM to feature the Queen’s face on the back.
• Leading Australian coin expert Joel Kandiah predicts the set will be in hot demand due to the popularity of Vegemite and coloured coins, as well as the fact that these will be the last coins to feature the Queen’s image.
• Kandiah said the new set will be available at two price points: The uncirculated set will be $33 and the proof set is $130.

What are your thoughts on this story? Are you looking to get your hands on a Vegemite coin? Let us know in the comments!

I certainly won't go looking for one, my friend and wife loves Vegemite, personally I can't bloody stand the smell of it although i quite like the smell of yeast

 

[JayKay]

When I started nursing, we started with PTS, Preliminary Training School, for 13 weeks
It was a solid block of learning, very intense and HARD work.
Matriculation had nothing on PTS.
At the end of PTS, we had a trip to the Kraft factory in Port Melbourne, on the Yarra River, down near where Docklands is now.

 

[Suzanne rose]

Oh, my goodness, Suzanne Rose, you are like a highly sought after coin.....precious and rare.
I'd be delighted to accept your beautiful offer.
I'd like to send you a replacement coin along with a stamped self addressed envelope....but I don't know how to provide you with my details or how I can get yours. Any ideas?

I just want to check that it's the one on the right