Brexit 50p
*** 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.
Brexit 50p coin. Dispatched with Royal Mail 1st Class Large Letter. Ready to dispatch. All In stock There will be a delay in postage due to the Global pandemic. The 2020 UK Silver Proof Brexit 50p Whilst thousands, if not millions of these new coins will be struck, you can choose to own the official Withdrawal from the EU 50p coin in a far more limited way. Just 47,000 coins have been issued worldwide in a superior specification, struck from.925 Sterling Silver to a Proof finish. To commemorate the United Kingdom’s exit from the European Union, the British Royal Mint will create a new 50p Brexit coin. This new coin will be released in the spring of 2019. It was announced on Monday 29 October by the HM Treasury in a press release on the occasion of the presentation of the 2019 budget.
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.
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 Circulation
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]
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]
Brexit 50p Ebay
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]
Relaunch[edit]
In December 2019 a new Brexit 50p coin was announced after the Conservative Party victory in the general election.[9] Gold and silver versions of the coins were announced for collectors.[9] In January 2020 Downing Street announced that the coins would start entering circulation on 31 January 2020.[10]
References[edit]
- ^Inman, Phillip (25 October 2019). 'Production of Brexit 50p coin paused amid exit uncertainty'. The Guardian. ISSN0261-3077. Retrieved 28 October 2019.
- ^Association, Press (11 August 2019). 'Sajid Javid's plan to flood tills with Brexit 50p coins'. The Guardian. ISSN0261-3077. Retrieved 28 October 2019.
- ^Hope, Christopher (7 October 2019). 'More than 10 million Brexit 50p coins to be minted - three times more than previously thought'. The Telegraph. ISSN0307-1235. Retrieved 28 October 2019.
- ^'Brexit coins 'paused' amid uncertainty'. 25 October 2019. Retrieved 28 October 2019.
- ^ ab'Brexit 50p coins to be 'recycled' after PM accepts extension'. BBC News. 28 October 2019. Retrieved 29 October 2019.
- ^ abInman, Phillip (29 October 2019). 'Brexit meltdown: 50p coins with 31 October date to be recycled'. The Guardian. Retrieved 29 October 2019.
- ^https://www.thetimes.co.uk/article/brexit-50p-coins-quote-american-founding-father-wf0cs8ldj
- ^https://www.theguardian.com/books/2020/jan/27/brexit-50p-coin-boycott-philip-pullman-oxford-comma
- ^ abWaterson, Jim (20 December 2019). 'All change: UK tries again with new 50p to mark Brexit date'. The Guardian. Retrieved 26 January 2020.
- ^Helm, Toby (26 January 2020). 'Brexit: Heseltine says celebrations rub remainers' noses in it'. The Guardian. Retrieved 26 January 2020.
