Brexit 50p Coin: In 2020, the United Kingdom released a special Brexit 50p Coin to celebrate its exit from the European Union, commonly known as Brexit. This coin has a unique phrase on its back that makes it highly sought after by collectors. If you happen to find one of these coins in your change, it could be worth much more than its face value!
What Makes the Coin Valuable?
The special 50p coin features the phrase “peace, prosperity, and friendship with all nations” on its tails side. Currently, some of these coins are being sold online for around £12, which is over 20 times its original value of 50p. For instance, one coin was sold for £10.50 recently, and another for £11.50.
How Many Were Made?
The Royal Mint created over 10 million of these coins, stamped with the date of 31 October 2019, which was the original planned date for Brexit. However, production was paused, and many coins were recycled due to the delay in the official exit.
The Special Design
The 2020 Brexit 50p coin has a beautiful design inspired by Thomas Jefferson’s first inaugural address. The front side features Queen Elizabeth II’s portrait by Jody Clark. This coin is not only a piece of currency but also a collectible item for enthusiasts.
Other Rare Coins to Look Out For
There are many other rare coins worth checking. For example, the Atlantic Salmon 50p is currently the rarest 50p coin, with only 200,000 ever minted. This coin recently sold for £142 after a bidding war!
What Makes a Coin Rare?
Coins are usually considered rare for two main reasons: low production numbers and manufacturing errors. The fewer coins that are made, the more valuable they become. Error coins, which are made with mistakes, can also be worth a lot of money.
Conclusion
Brexit 50p Coin: If you’re a coin collector or just curious about currency, keep an eye out for the 2020 Brexit 50p coin and others like it. These coins can be worth much more than you think. They are not only pieces of money but also have historical significance, making them special collectibles.
Table
Here’s a table summarizing the key details about the 2020 Brexit 50p coin:
| Feature | Details |
|---|---|
| Coin Name | 2020 Brexit Fifty Pence Coin |
| Release Year | 2020 |
| Face Value | 50p |
| Current Estimated Value | £12 (over 20 times its face value) |
| Design Inspiration | Thomas Jefferson’s first inaugural address |
| Tails Side Inscription | “Peace, prosperity and friendship with all nations” |
| Minting Authority | The Royal Mint |
| Total Minted | Over 10 million |
| Commemorative Event | United Kingdom’s withdrawal from the European Union (Brexit) |
| Original Mint Date Stamped | 31 October 2019 (planned withdrawal date) |
| Market Selling Price | Sold for £10.50 and £11.50 in previous transactions |
| Rarity Factors | Low mintage and collectible status due to its commemorative nature |
| Notable Recent Sales | Sold for £142 (Atlantic Salmon 50p coin) after intense bidding |
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FAQs
What is the current value of the 2020 Brexit 50p coin?
The current selling price on platforms like eBay is around £12, making it worth over 20 times its original value.
How many 50p Brexit coins were minted?
Over 10 million of these coins were produced by The Royal Mint.
Why are some coins considered rare?
Coins can be rare due to their low production numbers or because they were made with errors during manufacturing.
What are error coins?
Error coins are those that have mistakes, such as incorrect dates or phrases, making them unique and often more valuable.
Where can I sell my rare coins?
You can sell rare coins on online marketplaces like eBay or through specialized coin dealers.