Introducing the Brexit 50p Coin
The Brexit 50p coin was first launched into UK circulation on the 31st January 2020. Similar to the Brexit process, the Brexit coin was plagued with delays and changes whilst it was being developed. Originally the idea for a Brexit coin was conceived back in October 2018 – 2 years after the Brexit vote and 2 years before Britain’s official exit from the EU. At the time Philip Hammond, the Chancellor of the Exchequer, outlined a coin that would be limited to 10,000 in circulation and would read “Friendship with all nations”. It was due to be launched on one of the original Brexit dates of 29th March 2019 – obviously Britain didn’t come close to leaving the EU by that date and the plans for the coin changed.
Sajid Javid, Philip Hammond’s successor, announced plans for a new Brexit 50p coin in August 2019. This time instead of a limited planned circulation of 10,000, it was announced that millions would go into circulation. Images were released which included the planned but not final Brexit exit date of 31st October 2019. Britain again didn’t leave the EU on this date.
Finally in January 2020 the Brexit 50p entire circulation with the amended Brexit exit date of 31st January 2020.
Notably the Brexit coin deliberately doesn’t have a design that is directly related to Brexit due to the sensitive nature of it and how divided it made Britain. It didn’t also want to be seen as political in any way so the messaging “Peace, prosperity and friendship with all nations” was used. The messaging was criticized by Phillip Pullman, author of the His Dark Materials trilogy, as it didn’t accurately use an Oxford comma in the listing of “Peace, prosperity, and friendship”.
How Much is the Brexit 50p Coin Worth?
Right now as the Brexit coin is fairly new and the mintage amount was 10 million, the Brexit 50p coin is not worth more than 50p, yet. The value may go up over time but it is not known.
How Many Brexit 50p Coins Were Made in Circulation?
10 million Brexit 50ps were put into circulation by the Royal Mint.
Whilst officially the Brexit 50p coin is a standalone coin, it does have an unofficial sister coin – the EU 50p coin. The EU 50p coin was created in 1998 to celebrate the UKs Presidency of the EU and entrance to the European Union. It marked the 25th anniversary of the UK’s membership into the EU and precedes the Brexit 50p coin by 22 years.
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