The thing for me is that the main selling point is that it's the first-ever Elf on the Shelf legal tender, as if it's a surprise that there wasn't a Guatemalan quetzal range a few years back.
edit: also, the royals are massive cunts - sorry, got a bit caught up in the sidetrack.
Yes. In the Pitcairn Islands, pop. 47.
https://en.wikipedia.org/wiki/Pitcairn_Islands#Crafts_and_external_sales
Actually made by a private mint in Camberwell, it seems.
Edit: you would have thought at least one of the newspapers covering the 'story' would have spotted this.