'Far from a mint idea' - Chancellor to unveil commemorative Brexit coin

PUBLISHED: 08:23 29 October 2018 | UPDATED: 09:58 29 October 2018

A new coin to mark Brexit is to be announced by the chancellor in his budget (Photograph: Treasury)

A new coin to mark Brexit is to be announced by the chancellor in his budget (Photograph: Treasury)

Archant

Phillip Hammond is set to announce plans for a special 50 pence coin to commemorate Brexit in his latest budget.

The move is intended to appease Brexiteers who have been campaigning for a stamp, bank holiday or coin to acknowledge Britain’s departure from the European Union. This would in addition to a return of blue passports and May’s recent announcement of a “festival of Brexit Britain”.

According to The Sun it will be available from when Britain is due to leave the EU on 31 March 2019 at 11pm.

MORE: Half of UK still believes £350m message plastered on side of Vote Leave’s bus

The coin itself does not reference Brexit but instead references the date of departure, and Britain’s relationship with the world as a whole. It is expected to be branded with a message that partially quotes Thomas Jefferson. It will say “friendship with all nations.”

A source close to Hammond said: “It’s an historic moment which will rightly be commemorated.”

Twitter users joked that the new 50p coin could look a lot like a £1 coin due to its falling value since Brexit.

Best for Britain chief Eloise Todd said: “Initiatives like this coin launch are designed to try and give the false impression that Brexit is a foregone conclusion. The people of this country want and deserve the final say on the deal, and politicians must pledge to give it to us without delay.”

Earlier this year Leavers attempted to create their own Brexit coin to sell on eBay. It included a map of Britain under the motto “Never Give Our Sovereignty Away Again”.

Unfortunately the tails side included the message “I Voted To Get Back Our Sovereign Independance” complete with a French spelling of the final word.

MORE: Lord Sugar: Johnson and Gove should be in prison for Brexit referendum lies

You've seen the news, now discover the story

The New European is committed to providing in-depth analysis of the Brexit process, its implications and progress as well as celebrating European life.

Try 13 weeks for £13

Become a Supporter

The New European is proud of its journalism and we hope you are proud of it too. We believe our voice is important - both in representing the pro-EU perspective and also to help rebalance the right wing extremes of much of the UK national press. If you value what we are doing, you can help us by making a contribution to the cost of our journalism.

Find out more

Latest Articles

Most Read

latest issue

ANTI-BREXIT EVENTS

Grassroots anti-Brexit campaigners are keeping up the pressure on politicians as Brexit rumbles on. Here is a list of the events organised across the UK in the coming weeks.

Newsletter Sign Up

The New European weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy