BREXIT 50p coin: A commemorative coin is to be issued next year to mark the UK’s exit from the European Union (EU) and unveiled in today’s Budget, according to reports.
Philip Hammond will unveil a commemorative Brexit coin to mark Britain’s departure from the EU, it has been reported.
The Chancellor will announce details of the seven-sided 50p piece in the Budget today, according to The Sun.
The coin will be available from March 29 – the day the UK leaves the EU, the paper said.
It is expected to carry the words “Friendship With All Nations”.
It is not yet known exactly what the coin could look like, if the reported plans do go ahead.
The EU has come out and said there are no plans to mint a special euro coin to mark Brexit.
A European Commission Spokeswoman said: “We have no current plans to do anything of the sort.”
To celebrate the United Kingdom’s presidency of the European Union and the 25th anniversary of the United Kingdom’s accession to the European Economic Community in 1998 a 50p coin was issued.
The design, by John Mills, featured the 12 stars of the European Union with the letters “EU”.
On the left and right hand sides of the coin the anniversary dates 1973 and 1998 are shown.
The Royal Mint explains: “The United Kingdom’s entry into the European Economic Community in 1973 was marked by the issue of a commemorative fifty pence coin.
“Since then, the fifty pence has become the ‘European’ coin, chosen again in 1992/93 to mark two further historic European Union events; the United Kingdom’s Presidency of the Council of Ministers ad the completion of the Single European Market.
“This 1998 coin commemorates 25 years of the United Kingdom’s membership and its six-month Presidency of the European Union.”
Today’s Budget 2018 is the final Budget before the UK leaves the EU.
It’s due to take place at 3:30pm today and announced by Philip Hammond, who is Chancellor of the Exchequer.
