*** UPDATE ***
Over the weekend the design for the brand new Brexit 50p was released!
The final design features the inscription ‘Peace, prosperity and friendship with all nations’ and the historic date 31st January 2020 – the date the UK will officially leave the European Union.
It has also been confirmed the coin will be available as special commemorative Gold and Silver Proof editions, as well as in Brilliant Uncirculated quality, which be available from 31st January.
Chancellor Sajid Javid, who is Master of the Mint, was given the first batch of coins over the weekend to present one to Prime Minister Boris Johnson this week.
Excitingly, as part of the launch of the coin, The Royal Mint will open the doors of their South West Headquarters for 24 hours on 31st January to allow collectors to strike their own commemorative Brexit coins!
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It has been reported that 3 million Brexit 50ps will enter circulation on the day the UK leaves the European Union – currently scheduled for 31st January 2020.
Royal Mint to release five new coins in 2020 - including another Brexit 50p. There will also be three new £2 coins, a special £5 piece and an Olympic 50 pence released this year. A two-coin set was also made available, including the Brexit 50p and the 1973 50p coin which marked the United Kingdom’s accession into the European Economic Community. This set was limited to 5,000 copies, retailed at £30 and has now sold out. Read more about collectable 50p coins How much are the Beatrix Potter 50p coins worth?
The coins are expected to detail the historic date underneath the inscription ‘Peace, prosperity and friendship with all nations’.
Prime Minister, Boris Johnson, is supposedly set to be one of the first people to get their hands on one on the day of release as he holds a special cabinet meeting at a venue in North England.
We don’t yet know where the 3 million or so 50p coins will enter circulation in the UK – this is likely to depend on demand from banks and cash houses – but we’re certain collectors will be keeping a keen eye out for these 50ps to add this historic coin to their collection!
It was revealed over the Christmas holidays that a new inscription will feature on the Brexit 50p coin to mark the revised date of the UK’s departure from the EU.
This update means that the previously planned inscription of ’31 October 2019’ will be substituted for ‘31 January 2020’.
Find out more about the Brexit 50p below:
Have you heard the news? It hit the headlines this morning that the Brexit 50p will enter circulation after the UK’s departure from the EU.
In October last year, Philip Hammond unveiled his plans for a Brexit 50p to mark the UK’s exit from the EU.
Whilst delays to Brexit meant the original 29th March 2019 dated coins did not go ahead, in August this year Chancellor Sajid Javid asked officials if it would be possible to produce Brexit 50p coins in time for Britain’s departure from the EU on the 31st October 2019.
And today it looks as though we have our answer, as The Treasury has confirmed that the coins have been given the go ahead and will be minted by Brexit day – despite the continued uncertainty of Britain leaving the EU by then.
So this begs the question, if Britain doesn’t leave the EU on the 31st October, could there potentially be millions of Brexit coins with the wrong date? It would certainly make for interesting collecting!
And the best news for collectors is that this coin will be entering circulation, although it is yet to be officially confirmed exactly how many or when we will start to see them in our change.
Rumour has it that 10 million Brexit 50ps could be produced, including Brilliant Uncirculated, Silver and Gold versions. This has not yet been confirmed by The Royal Mint, but has sparked great excitement in the collecting world.
As such a controversial issue, which has created much disruption across the UK and the EU since the referendum in June 2016, it is hoped that this new coin, which is expected to bear the phrase ‘Peace, prosperity and friendship with all nations’, will promote positivity surrounding Brexit.
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Brexit 50p Coins Value
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The Brexit 50p coin is a commemorative50p coin that was struck to mark the planned exit of the United Kingdom from the European Union ('Brexit') on 31 October 2019. The minting of the Brexit coin was ordered by Sajid Javid.[1] A total of 10 million Brexit coins, each stamped with the date 31 October 2019, were planned to be minted.[2][3] In late October 2019, with increasing doubts that Brexit would actually happen on that date, the minting of the coins was 'paused'.[4]
Get paid to play games on pc. In late October 2019 it was announced that the coins would be recycled as the UK would not leave the EU on 31 October 2019.[5][6] A Treasury spokesman said that a coin to mark Brexit will still be produced but that it would enter circulation after the UK has left the EU.[5][6]
The coin is inscribed with a quote from Thomas Jefferson, 'Peace, prosperity and friendship with all nations'.[7] The lack of an Oxford Comma was criticised by some, including author Philip Pullman.[8]