Commemorative coins minted to mark Brexit on 31 October will be “recycled” after the UK’s exit from the EU was delayed by a further three months.

The Royal Mint had been asked to produce new 50p pieces featuring the UK’s scheduled departure date.

However, in a move first reported by Bloomberg, the coins are to be scrapped as the UK will not now leave the EU this week.

A Treasury spokesman said a coin will still be produced to mark Brexit.

He added that it “will enter circulation after we have left” the European Union.

According to the Royal Mint website, precious metals are recycled by being sorted and shredded before being melted down. The 50p coin is made from copper, increasingly considered a precious metal, and nickel.

Metals are then

Read More At Article Source | Article Attribution

The post Brexit 50p coins to be 'recycled' after PM accepts extension appeared first on RocketNews | Top News Stories From Around the Globe.