About three million new 50p coins will be released this Friday 31 January with seven million more coming later in the year! One million special 50p coins were made last year and were all ready to go into circulation on 31st October, 2019. However, delays to Brexit meant that the million coins had to be melted down. But on Friday the newly minted coins can be released.
Sajid Javid, who as Chancellor of the Exchequer is Master of the Mint, has already been given the first batch of coins and will formally present one to Prime Minister Boris Johnson this week.
Mr Javid remarked, ‘Leaving the European Union is a turning point in our history and this coin marks the beginning of this new chapter.’
The new coin is inscribed with the words ‘Peace, prosperity and friendship with all nations’ and the date of January 31.
Meanwhile, for those Lytham St Annes residents inclined to spare no expense in celebrating Brexit, gold-plated commemorative Brexit coins are being sold by a private company for £19.99,
More coins set to be released by the Royal Mint this year include a new Olympic 50p which will feature different sporting equipment, including a pair of boxing gloves, a basketball, a bicycle and some rowing oars. This will be released in celebration of the Tokyo Olympic Games, due to be held in July. A special £2 coin will also be minted to commemorate the beginning of the end of the Second World War, as this year marks the 75th anniversary of VE Day. Other 2020 releases include an Agatha Christie £2 coin and another £2 piece to celebrate 400 years since the voyage of the Mayflower.
Meanwhile, will you be the first to get the new Brexit 50p in your change? Will you keep it as a souvenir or simply spend it?