The Royal Proclamation confirming the new coin has been passed, and that means production can officially begin.
Plans to release special Brexit coins was first announced by former chancellor Philip Hammond in last year’s Budget. But this is the first confirmation from The Royal Mint that the coin is indeed going ahead.
I don’t know about you, but this coin story is one I’ve been watching for a while. And as such, I suspect it will be one of the most eagerly anticipated issues we’ve seen for a while!
Few details are known about the design of the coin, but we do know that it will feature the inscription: “Peace, prosperity and friendship with all nations”, as well as the historic date the UK is due to leave the EU – 31 October 2019.
A 50p coin was struck when the UK joined the European Economic Community in 1973 and when the UK held the presidency of the EU in 1998. So it only seems fitting one is released to also mark the UK’s departure from the EU. And by marking such a pivotal event in our history, this coin will surely be sought-after by collectors in years to come.
Whilst not many details have been released by The Royal Mint, there are rumours that up to 10 million coins will be struck and put into circulation, 3 million of which will be ready for 31st October – news that will surely delight collectors, who could be finding these coins in their change as early as Halloween.
We do not yet know whether special collector versions of this coin will be available. Though we have our fingers crossed that there will be!
If you want to be kept up to date with news of the Brexit coin as we approach 31st October, then register your interest below. We’ll then contact you as soon as we know more, and let you know how you can get your hands on one.