Coinage

(asked on 24th October 2019) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government how many 50p coins were minted to mark the exit of the UK from the EU on (1) 29 March, and (2) 31 October; what was the cost of those operations; and what has been done with the coins so minted.


Answered by
Earl of Courtown Portrait
Earl of Courtown
Opposition Deputy Chief Whip (Lords)
This question was answered on 5th November 2019

Approximately 1 million coins were minted in October to mark the UK’s exit from the European Union, in addition to 1,000 trial coins that were struck before March 29.

Coins bearing these dates will now be recycled and the value from the materials will be recouped by the Exchequer.

The cost of minting these coins is commercially sensitive.

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