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Written Question
Coinage
Tuesday 5th November 2019

Asked by: Lord Hannay of Chiswick (Crossbench - Life peer)

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 - Opposition Deputy Chief Whip (Lords)

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.