Brexit coin unveiled by Chancellor Sajid Javid to mark 'new chapter'

26 January 2020, 00:25 | Updated: 26 January 2020, 03:00

Sajid Javid has unveiled the new commemorative 50p coin to mark Britain's departure from the EU on 31 January.

The chancellor originally ordered production of the celebratory coins in advance of the original departure date of 31 October.

But the Brexit delay meant around a million coins had to be melted down and the metal put aside until a new exit date was confirmed.

The new coins bear the inscription "Peace, prosperity and friendship with all nations" and the date the UK officially leaves the EU - 31 January 2020.

As he unveiled the 50p coin, the chancellor said: "Leaving the European Union is a turning point in our history and this coin marks the beginning of this new chapter."

Around three million Brexit coins will enter circulation around the UK from Friday, with a further seven million to be added later in the year.

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As Master of the Mint, Mr Javid was given the first batch of coins and will present one to Prime Minister Boris Johnson this week.

The Royal Mint will also open its doors for 24 hours to let people strike their own commemorative Brexit coins as part of the launch.

On Wednesday, the European Parliament is expected to vote to approve the Withdrawal Agreement after Mr Johnson signed the treaty paving the way for the UK to leave on Friday.