Your guide to the Brexit 50p coin

e0519d41-9e5b-4f74-87cd-24a864fbcaa5

07 January 2021
|
In January 2020, The Royal Mint issued a special 50p coin bearing the inscription ‘Peace, prosperity and friendship with all nations’. Find out more about the background and value of the coin, widely known as the 'Brexit 50p', in our special guide.

Discover more about the 'peace prosperity' 50p

The arrival of the Brexit 50p, officially known as the 'Withdrawal from the European Union 2020' 50p coin, didn't go smoothly – just like the political maze of the Brexit process itself.

  • 10,000 coins expected: The 50p Brexit coin was unveiled by former Chancellor or the Exchequer Philip Hammond with the intention that the coin would have a mintage of around 10,000 and be issued in March 2019.
     
  • Millions of coins: In August 2019, with Brexit still being debated, Chancellor Sajid Javid said he wanted to add millions of 'Brexit' 50p coins into circulation, changing the initial plans for the commemorative coin to remain 'uncirculated'.
     
  • Brexit delays: With delays to the Brexit process, the planned design, with the date of the UK's departure from the EU detailed as 31 March 2019, was updated to read 31 October 2019.
     
  • Protests against the coin: Not everyone approved of the idea of the 50p coin. Liberal Democrat councillor Eleanor Rylance protested against the coin and encouraged the general public to return the coin to the bank and ask for an alternative if and when it was issued.
Advertisements

Millions of coins melted down

  • Millions melted down: just days before the UK was supposed to leave the EU in October 2019, it was confirmed that approximately 3 million coins would be recycled since the date of 31 October would be incorrect.
     
  • Eventual release of the Brexit 50p: The Brexit 50p was officially released on 31 January 2020, on the day the UK left the EU and started a one-year transition process. It was revealed that 7,000,000 copies of the coin would be entered into circulation over the course of the year, and this number soon went up to 10 million.

    In September 2021, The Royal Mint confirmed the official mintage figure was: 10,001,000
     
  • Disapproval from some quarters: it was no surprise that the eventual release of the coin was not met with approval from all sides. Author Philip Pullman said on twitter: 'The 'Brexit' 50p coin is missing an Oxford comma, and should be boycotted by all literate people.'

FREE 50p e-book!

Sign up to the FREE allaboutcoins newsletter for regular coin updates, collecting advice, offers and more, and we'll also send you.a FREE 50p e-book featuring values and info on GB 50p coins. CLICK HERE TO SIGN UP NOW!


So how rare are the Brexit 50p coins?

With just over 10 million put into circulation the coin is hardly rare. So you may wonder why you don't see many of the coins in your loose change.

According to reports, the coins are being taken out of circulation by collectors and by those who do not approve of the coin, although The Royal Mint confirmed it is normal for people to keep unusual coins when they are initially issued.

Examples of the Brexit 50p have been sold on auction sites such as ebay for around £2 - £3, but we recommend you keep an eye on your change to find an example for face value. 

Whilst some newspapers reported that versions of the coin with the incorrect date may surface, no find have been reported.

A Brilliant Uncirculated version of the coin, costing £10 from The Royal Mint, proved very popular when the coin was first issues, with demand crashing the RM website. This version of the coin is still available. Visit the Royal Mint shop to find out more.

The design and details of the Brexit 50p

The commemorative coins are engraved with the words “Peace, prosperity and friendship with all nations” along with the 31 January 2020 date. The versions of the coin released were as follows:


Read more about collectable 50p coins

 

How much are the Beatrix Potter 50p coins worth?

How many Beatrix Potter 50p coins are there? How much are the Peter Rabbit coins worth? Are they really worth £100s? We give you the lowdown on the coins, revealing the most valuable examples.

How much is the Isaac Newton 50p worth?

The Isaac Newton 50p was issued in 2017 to mark the 375th anniversary of the famous scientist's birth. So how many Isaac Newton 50p coins have ben released, and which versions are most valuable?

Your guide to Winnie the Pooh 50p coins

Winnie the Pooh, Piglet, and Christopher Robin are the latest children's book characters to feature on 50p coins. Find out more about the Winnie the Pooh 50p coins, whether they are rare, and how much they could be worth with our in-depth coin guide.