Brexit 50p Coin

[Hercules]

Production of Brexit 50p coin paused amid exit uncertainty
About 1,000 already-minted coins with '31 October 2019' leave date could be worth up to £800 each
Phillip Inman
@phillipinman
Sat 26 Oct 2019 00.18 AEDTLast modified on Sat 26 Oct 2019 01.07 AEDT

The Treasury has "paused" production of a new 50p coin commemorating Brexit on 31 October after it became clear that the UK is unlikely to leave the EU on time.

The special edition was supposed to mark Britain's departure at the end of the month, but production by the Royal Mint has stopped and already-minted coins are being stockpiled.

A Treasury spokesman said: "We have paused production of the Brexit coin, and will take a final decision in due course."

There has been speculation that the estimated 1,000 coins minted so far could fetch a premium on the 50p cover price, possibly selling for as much as £800 each.

The chancellor, Sajid Javid, had ordered 3m of the coins to be made ready for the end of the month with the inscription "Peace, prosperity and friendship with all nations". Underneath the inscription, the Mint placed the historic date the UK is supposed to leave the EU: 31 October 2019.

Treasury officials refused to say whether the Mint will release the coins into circulation or seek to realise their inflated value by selling them on its website.

The chancellor could decide to melt them down to be remade with a new date but officials are unlikely to risk going ahead until parliament and the EU give further clarity.

Javid's predecessor, Philip Hammond, had planned a limited edition of about 10,000 commemorative coins to be sold to collectors for £10 each in time for the first deadline on 29 March.

The 50p move is the Treasury's second U-turn in 24 hours after it confirmed that it had pulled a budget due to be held on 6 November, when the government would have detailed its economic plans and tax and spending priorities.

Source: https://www.theguardian.com/politics/2019/oct/25/production-of-brexit-50p-coin-paused-amid-departure-uncertainty

[Mister T]

Melting them would make sense.

[JeffH]

They were melted down and are being made again now.
Around 3 million Brexit coins will enter banks, Post Offices and shops nationwide from Friday 31 January, with a further 7 million entering circulation later this year.
Brexit day 50p coin unveiled

[Triggersmob]

And if you go the the RM and pay 25 pound admission and 10 pound per coin,
you can strike your own.

[brismike]

[quote="Triggersmob" pid='121224' dateline='1580082935']
And if you go the the RM and pay 25 pound admission and 10 pound per coin,
you can strike your own.
[/quote]

Yes, I went there in 2018 and it was £15 to go on the tour. You could only strike a coin if you went on the tour, and to strike one it was an extra £10. (At the time it was a £2 Brittania Coin that you could strike).

I went with my wife and she declined to go on the tour at 15 quid so she just sat in the coffee shop while I went on it. I declined to stamp a coin at £10 seeing as I already had a £2 Brittania coin from the 2018 Mint Set.

You can go in and check out the Coffee Shop and buy stuff at the Coin Shop without going on the Tour. I told them that the tour at the RAM is Free and it is $3 to stamp a coin at the RAM. They didn't seem to care that they were ripping people off.  I thought the tour was pretty lame. You don't need some young girl to prattle on about stuff you can tell she is not really interested in to just walk around a few partitioned off sections with displays of coins. I knew more about the minting process than she did and taught her a few things she didn't know.

The Royal Mint needs to lift its game.

[Hercules]

This is truly the most hated coin in all of Britain at the moment. From complaints about the missing Oxford comma to those who oppose the coin's symbolism, this is truly the point at which the Brexit debate has completely jumped the shark.

When I look at the coin, all I can see is a beautiful message, which every person of every nation should support. Hence, I can't understand why anyone would want to boycott it, regardless of their stance on Brexit. Do remainers no longer believe in "peace, prosperity and friendship with all nations"? Do people actually believe that the presence or absence of a comma affects the message?

I get the feeling that most Britons (and especially the British press) have far too much time on their hands if they're concerned about trivialities such as this. They'd be much better off focusing on the terms of the new British trade deals, which will have a much more material impact on their everyday lives.

Anyway, this is just my 50p. Others are welcome to give me their 50p (or their 20p + 20p + 10p) as well.

[Unicorn]

I reckon the first i in "friendship" actually looks like a comma :laugh2: ...... though the formatting police would probably recon that it should have gone on the line above not immediately before the and ....... sorry, just had to

[Triggersmob]

If everyone in Britain hates it and boycotts it,
then more chance of me getting one.

[Hercules]

Yep, that's my plan. If they don't like them, they can send them all down under. We'll glady welcome them into our collections.

[JeffH]

Seeing the European Parliament singing Auld Lang Syne after approving Brexit amused me. Arms crossed and all.
Not sure what the Scots would make of it but my gut feeling is they would not be impressed.
I checked the calendar but it is not New Year's Eve yet. That will be the crunch time.
[video=youtube]https://www.youtube.com/watch?v=uA8TaMpC-R4[/video]