Coin News
Confirmed: Brexit 50p will be issued in 2019
*** UPDATE 12/08/2019 ***
The Chancellor Sajid Javid has asked officials if it will be possible to produce Brexit 50p coins in time for Britain’s departure from the EU in October 2019.
Previously, Chancellor Philip Hammond planned for just 10,000 commemorative Brexit coins to be struck for the event, however Javid intends millions of Brexit 50ps to be produced for circulation.
As mentioned in the blog below, the coin will have the words, “Peace, Prosperity and Friendship with all nations” and feature the date of Brexit – now 31st October 2019.
But with only a few months to go, will the coins be signed off by the Queen’s privy council and struck by The Royal Mint in time for Brexit?
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It’s official! A Brexit 50p WILL be issued by The Royal Mint to mark the UK’s exit from the EU!
Within his budget, the Chancellor unveiled his advanced plans for the 50p coin, which will be released in Spring 2019.
As such a controversial issue, which has created much disruption across the UK and the EU since the referendum in June 2016, Philip Hammond hopes that this new coin, which is expected to bear the phrase ‘Peace, prosperity and friendship with all nations’, will promote the positivity of the event.
Brexit 50p announced. Credit @HRTreasury
In our previous blog, we asked Change Checkers if they would like to see a Brexit coin and 68% of you believed that such a significant moment in Britain’s history should be commemorated with a 50p coin. The Government has now finally conceded to create a gesture for this landmark moment and recognise its importance, although Treasury sources say the department has secretly been working on plans for the coin for months now.
The importance of Brexit can now be likened to Britain’s entry to the European Economic Community, which was then incorporated into the EU in 1993. A 50p coin was issued in 1973 to mark the occasion, featuring nine hands clasping each other in a circle, symbolising the nine member states of the community, intended to represent the trust, assistance and friendship which comes with EEC membership. So important was this event, that in 1998 the first “new sized” commemorative 50p was issued to commemorate 25 years of the UK in the EEC.
89,775,000 of the 1973 50p coins were struck for collectors but is no longer in circulation, whilst the 1998 coin has a mintage figure of 5,043,000 and can still be found in circulation.
1973 and 1998 EEC 50p coins
It seems that the idea of commemorating Brexit in some way is popular amongst collectors, as commemorative 50p shaped Brexit souvenirs are now available on eBay and are currently selling for £6.99. These are not legal tender, but go to show that a Brexit 50p coin is certainly in demand and could be incredibly sought-after.
Brexit commemorative medal. Credit: eBay
An order has now been issued by Mr Hammond to The Royal Mint advisory committee to draw up a designs for the Brexit 50p coin, which should be signed off later this year. Just as the EEC 50p from 1973 intended to promote the development of new relationships, so too will the Brexit 50p, but what do you think about the plans for the new coin?
We posted a poll on our Facebook page to find out what Change Checkers think and 66% of you think we should have a Brexit coin, compared to just 34% voted against the coin and the majority opinion seems to be that we had a coin for entering the EU, so we should also have one for leaving.
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50 years since the most important moment in British numismatic history…
2018 marks the 50th anniversary of arguably the most important moment in British numismatic history – the first coins issued for decimalisation.
In 1968, the British public would have found 5p and 10p coins in their change for the very first time, issued as part of Britain’s conversion to a system of decimal currency.
1968 5p and 10p coins
The coins bore new heraldic designs, but were exactly the same size and value as shillings and florins, which meant the changeover process should have been a smooth transition. However, after generations of pounds, shillings and pence, the Decimal Currency Board still needed to reassure suspicious Britons to go decimal – a case which had actually been argued as long ago as 1696 by Sir Christopher Wren.
Advert from the Decimal Currency Board. Credit: Daily Mail
It was the 1960 report by the Association of British Chambers of Commerce and the British Association for the Advancement of Science which finally set into action a currency based upon simple multiples, a system already adopted by a number of Commonwealth countries including Australia, New Zealand and South Africa.
A massive number of coins were required for the changeover, forcing The Royal Mint to move location from Tower Hill to its new production facility in Llantrisant, South Wales, where the first of almost six billion coins required for decimalisation went into production.
The Royal Mint at Tower Hill, London. Credit: The Royal Mint museum
It was then on the 23rd April 1968 that the new 5p and 10p coins went into circulation, operating as legal tender up to the sum of £5, with mintage figures of 98,868,250 and 336,143,250 respectively.
The humble 5p featured the Christopher Ironside reverse design until 2008 and has since featured Matthew Dent’s reverse design, following a public competition held by The Royal Mint. On the 27th June 1990, a reduced size version of the coin was introduced and the older, larger coins were withdrawn on the 31st December 1990, although the design remained unchanged.
Similarly, the 10p coin also featured Christopher Ironside’s reverse design up until 2008 when this was replaced by Matthew Dent’s. However, the 10p remained a larger coin until the 30th September 1992, when the reduced size version was introduced, with the larger coin being removed from circulation a year later.
As we seem to move ever closer towards a cashless society, the questions lingers as to how long these decimalised coins will remain a necessity… However, this year’s release of 26 brand new A-Z of Great Britain 10p coin designs just goes to show that the demand for the smaller denomination coins is still there. In fact, these little coins have become incredibly sought-after and have dominated news stories and conversations amongst collectors, with everyone wanting to get their hands on the elusive coins!
Although the nation seemed reluctant to accept these decimal coins back in 1968, I think it’s fair to say that they have now become a much loved part of British coinage and as we celebrate the 50th anniversary of the first decimalised coins, we can look back with fondness for the 5p and 10p coins.
Own the very first coins issued for decimalisation!
The First Decimalised Coins include the original 5p and 10p coins from their first year of issue, 1968.
Order yours today to mark the 50th anniversary of the introduction of these significant coins >>
The Allied Nations join forces once again …
On the eleventh hour of the eleventh day of the eleventh month this year, we will mark exactly 100 years since the guns fell silent – the war in Europe was over.
To mark this historic centenary year, many of the allied nations have joined forces again to issue special commemorative coins in a poignant move to mark the anniversary, and so we’ve taken a look at some of the coins released from around the world, including Canada, New Zealand, Australia, France and of course the UK.
2018 UK Armistice £2
2018 UK Armistice £2
This £2 is the final coin issued as part of the First World War £2 series first issued by The Royal Mint in 2014. Issued earlier in 2018, the design by Stephen Raw features the words ‘The truth untold, the pity of war’, from the Wilfred Owen poem Strange Meeting. The words stand out of a mud-like background in the centre of this striking £2 coin, which was actually modelled in the clay taken by the artist from the Sambre-Oise Canal where Wilfred Owen died in 1918.
2018 Canada Armistice $2
2018 Canadian Armistice $2 coins – uncoloured and coloured
In October this year, The Royal Canadian Mint unveiled these finely crafted $2 coins issued to remember the sacrifices of Canadians who fought for freedom during WWI.
Just 3 million coins have been minted – two million of a stunning coloured version and one million of the non-coloured coin, both of which have been released into circulation in Canada. The reverse image by artist Laurie McGaw features a soldier’s helmet in the centre to represent the many lives lost during WWI and the large poppy beneath it is inspired by the Canadian poem In Flanders Fields by John McCrae, who died in combat in January, 1918.
2018 New Zealand Armistice 50-cent
2018 New Zealand Armistice 50-cent
The 2018 Armistice 50 cent coin follows the Anzac coin which was minted in 2015 to mark the centenary of New Zealand’s efforts in WW1. Designed by Dave Burke, the reverse of this 50 Cent features a coloured red poppy flower surrounded by a wreath and the three silver ferns on the wreath represent the three services of the New Zealand Defence Force: Army, Navy and Air Force. The 50-cent coins were released into circulation in New Zealand last month but were actually struck by The Royal Canadian Mint, where all 10, 20 and 50 cent coins are currently minted for New Zealand.
2018 Australia Armistice $2
2018 Australia Armistice $2
Just released by The Royal Australian Mint today, the new $2 Armistice coin serves as a tangible and visible reminder to all Australians of the fight for freedom 100 years ago. Designed by T Dean and developed with the assistance of the Australian War Memorial, the coin features the number 100 to signify the important Armistice Centenary Anniversary, and the centre zero features a red coloured poppy. The coin features a ‘C’ mintmark, meaning the coin has been struck at the Canberra Mint and is a stunning keepsake in this centenary year.
2018 France Armistice €2
2018 France 2 Euro
Issued by La Monnaie de Paris (The Paris Mint), this €2 coin features a cornflower, a symbol of remembrance in France. This dates back to WWI as soldier’s uniforms were blue and these flowers, as well as poppies, continued to grow in land devastated by war. The flower also symbolizes delicacy and innocence.
Each coin pays its own historic tributes to this significant anniversary marked by millions of people around the world. And as a Change Checker, you’ll appreciate how hard it has been to track down each of these coins. Indeed it’s taken us the best part of a year to secure each of the coins mentioned above to create the Allied Nations Armistice Centenary Coin Pack – drawn together from five of the world’s most renowned Mints.
Secure the 2018 Armistice Centenary Coin Pack to mark this important historical anniversary
Without a doubt, these coins would make a great addition to your collection. And in this centenary year, it’s a particularly meaningful purchase which I hope will find a cherished place in your collection.
Because of the difficulty in sourcing these coins, we only have a limited number of collections available, so please click below now to be one of the first to own them all.
Click here to secure the 2018 Allied Nations Armistice Coin Pack >>