Millions In “Brexit” 50p Coins To Be Melted Down

Bloomberg reports:



Thousands of 50-pence coins minted to commemorate Brexit on Oct. 31 will be melted down after Prime Minister Boris Johnson accepted an extension from the European Union, two people familiar with the matter said.

U.K. Chancellor of the Exchequer Sajid Javid had announced plans for millions of coins engraved with the date Johnson pledged to leave the bloc, but production was paused last week when it became clear there would be a delay.

On Monday, Johnson accepted the EU’s offer of a three-month extension to Jan. 31, and the decision was taken for all the coins to be melted down, according to the people, who asked not to be identified. One of them said hundreds of thousands of the coins had been minted already.