50p Brexit Coin
The Treasury's commemorative 50p coins are falling out of circulation - prompting officials to mint more.
Remainers had vowed to take action against the coins in protest, with some suggesting they would keep the coins away from the shops until Brexit had been reversed.
Now officials have had to mint more than a million more after the first batch of three million fell out of circulation, the Telegraph reports.
50p Brexit Coin Oxford Comma
- Oct 24, 2019 New Brexit 50p coins to be released into circulation The second most valuable error 50p is from the Falkland Islands minted with the wrong breed of penguin on it, which sells for up to £114 online.
- Find out more: How much is the Brexit 50p worth? Rarest 50p coins by mintage. The 2018 coin with the closest mintage to the diversity coin is the Representation of the People Act 50p, which had nine million circulated. Looking at recent eBay listings, the circulated version of that coin can fetch upwards of £1 two years after its release.
While an anti-Brexit protest could be part of the reason, it could also be because the coins are now collector's items.
Some collectors have been offering to pay more than their original value for the coin.
A gold and silver version of the coins sold for £60,000 at a Tory black and white fundraiser event earlier this week.
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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]
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]
50p Brexit Coin Error
THE new Brexit coin has sparked fury after being released without the proper punctuation. Marking the UK’s exit from the European Union, the historic 50p piece was ordered by Chancellor of the.
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]
50p Brexit Coin
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.