Brexit 50p Coin Released!

On 31st January 2020, one of the most historically significant events took place; Britain left the EU, so the Royal Mint have released a brand new coin into circulation- the new brexit 50p!
This coin features the inscription 'peace, prosperity and friendship with all nations' and the correct date, which the Royal Mint have had to change to 31 January 2020.

The first ever commemorative 50p was actually the entry to the European Union, in 1973, and now we have a coin to commemorate us leaving. At the moment, it is unknown how many were released, so it could be really rare or really common. The mintage figures will most likely come out some time next year.

I am surprised that this coin is entering circulation this soon, as I would have thought the demand for 50p coins has gone down, since the two Paddington coins were only released last summer, and seem to be quite highly minted.

As usual, the Royal Mint have released a BU (brilliant uncirculated coin), a silver proof coin (plated in silver) and a gold proof coin (plated in gold). The gold proof sold out within hours, as only 1,500 were put onto the website and were sold for £995 each. Some have been sold on eBay for upwards of £1,999; a nice profit!

I hope I will be able to find one in circulation soon to add to my collection!

Comments