What Is a Fernet Coin, and How Can You Get One?

Amongst bartenders and the cocktail-savvy, Fernet Branca is a bitter amaro with a popularity as a welcome shot, referred to affectionately as a “bartender’s handshake.” 

Fernet Branca didn’t coin that time period, however it coined one thing else. Actually. 

The model distributes collectible cash among the many most loyal followers of the liqueur and its bitter, mentholated, natural taste profile. During the last 13 years, the coin program’s standing has grown alongside the Fernet Branca fandom.

Whereas Fernet Branca’s recipe is a tightly guarded secret, sixth-generation Fernet producer Edoardo Branca is greater than prepared to debate why he loves the problem coin program. The cash have fostered connections for Branca and Fernet drinkers all over the world, however there’s one coin that has thus far eluded his grasp.

The historical past of the Fernet coin

The Fernet coin was soft-launched in 2012, however the preliminary providing wasn’t “licensed” by the model. It was minted by brothers Bret and Tore’ Kragerud (the previous a medallion producer, the latter a Fernet gross sales rep) for a mixology occasion in Las Vegas.

The chums-only souvenir was a success, particularly amongst Fernet’s execs. The thought struck a extra resounding chord with Branca. The household has lengthy displayed its personal cash, a group of gold medals that date to the 1840s, in the primary distillery, again when the medals have been “actual.” 

“So, we stated, ‘Let’s have a coin for the folks,’” he says. 

In 2013, Fernet started to fee cash for markets like San Francisco, the place the bitter natural liqueur is extensively widespread.   

For greater than a decade, cash have been commissioned for bartending competitions, trade commerce exhibits and commerce teams, bartending organizations, and pop-up occasions.

Who carries the coin

As this system’s reputation has grown, so have the identities of the holders and the that means of the cash themselves, says Branca. 

“Firstly, in the event you had the coin, you have been a bartender from San Francisco,” he says. “Now, when you could have the coin, it is like, O.Okay., you recognize Fernet Branca 100%, you’re an individual who is aware of your liquids. You understand how to drink your cocktails and issues like this.”

Branca says that he doesn’t assume the coin ought to be unique to bar trade insiders, however individuals who earn them are inclined to know the trade and Fernet effectively. “They should know the liquid,” he says.

He says that he’s had cash “pulled” on him at factors everywhere in the world: Australia, New Zealand, and China amongst them. 

“[When someone pulls out a coin], I do know instantly that other than being a Fernet lover, [they can] discuss our trade generally,” he says.

How Fernet cash are put into circulation

Amongst bartenders and spirits nerds, the Fernet coin is a buzzy souvenir. That makes it weak to imitation, as different spirit manufacturers have since created cash. It might additionally make the Fernet coin weak to oversaturation. 

Fortunately, Fernet’s advertising and marketing workforce hasn’t flooded the market. “When you could have it,” says Branca, “you might be a part of a gaggle of individuals which are a little bit bit totally different, a little bit bit loopy, a little bit bit prepared to do the additional step.”

Branca admits that the model has made it extra of a problem to get a coin through the years. A basket of cash was provided first-come, first-served at a celebration on the 2017 Tales of the Cocktail. Seven years later, the diploma of problem to snare a coin has risen.

Final fall, Fernet Branca hosted a pop-up haunted mansion expertise in New Orleans. To go away with a coin from Fernet’s “Eyeknow Manor,” attendees spent the higher a part of an hour trying to unravel escape-room-style puzzles, observe clues, and commerce go phrases with in-character employees and servers. Individuals who accomplished the sport didn’t earn a coin, however they acquired a particular poker chip that you can wager to win a coin. Loads of folks didn’t hit the jackpot. 

That’s one method to create a bottleneck on provide, which not often reaches above 200 cash. Branca says the model retains manufacturing small to make each particular. 

“It’s one thing that it’s essential to have a problem to get,” he says. “I’m not going to get up tomorrow and make 20,000 cash. You want to work for it.”

Totally different types of cash

The cash’ reputation signifies that Fernet’s numerous gross sales and advertising and marketing figures have to hold a coin readily available always, lest they be caught with out one. Branca is arguably the highest-profile goal for the coin’s gotcha tradition.

He carries a number of cash, and he has his favorites. He usually carries the a hundred and seventy fifth anniversary coin, produced in 2020. It’s particular not solely as a result of it marks the anniversary, however it’s additionally one of many first cash to be numbered alongside the coin’s edge, from No. 1 to 175. 

“That’s one of many two cash that’s my go-to,” he says. “Then there’s a second coin that was made for the Los Angeles market. It’s a coin that I actually like as a result of on the opposite facet, it says, ‘In Branca We Belief.’ After which, usually, I carry one other couple of cash.”

Branca will get hit up for cash recurrently. “Generally you meet an individual and you actually need to give them [a coin], however I all the time have one spare coin.”

Enjoying the sport

What you are able to do with a Fernet coin is, effectively, murky. You may present it off to your bartender pals, examine totally different cash, and attempt to accumulate all of them. However its “problem coin” DNA has additionally constructed a recreation for bartenders and customers to play. The problem is straightforward: produce your coin when requested, or choose up the tab.

This has led to maybe the largest false impression about Fernet cash, that one entitles you to a free shot if a bartender can’t produce their coin.

Whereas Branca enjoys the sport, he’s clear about why it’s by no means been made an official component of this system. “I don’t need to put a bartender on the spot to pay for the drink,” he says. “It’s extra between pals, only a approach of partaking and having a chat. What I like is to have a drink and a dialog with the particular person in entrance of me, [and the coin] is a dialog starter.”

The rarest Fernet coin

It’s in all probability not a shock that the rarest coin out there may be the primary one. Branca says that the primary batch was simply 50 cash. “I’ve to inform you right now, I don’t know what number of of that first batch there nonetheless are,” he says. “However it’s the one coin that I don’t personal.”

The final time that Branca noticed one was in January 2020, when he crossed paths with one of many Kragerud brothers. “He got here to me with one of many first cash ever made,” he says. “And it was ugly, not very effectively finished, and I used to be like, ‘What the hell is that this?’” 

Branca believed it may be pretend, however the weight of the coin was the identical as all the opposite Fernet cash in his pocket.

“I nonetheless keep in mind it. I used to be like, ‘Holy moly,’” says Branca. “This [was] one of many first cash Fernet Branca ever made. It was probably the most unbelievable experiences I had, as a result of it was one thing that was simply made for shut pals. Each batch of cash that’s made, I all the time have three, and I’ve them in my workplace. However that’s the one coin I don’t have.”