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Coinage

Treasury written question – answered on 4th November 2019.

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Photo of Tom Brake Tom Brake Liberal Democrat Spokesperson (Exiting the European Union), Liberal Democrat Spokesperson (Duchy of Lancaster)

To ask the Chancellor of the Exchequer, what recent estimate his Department has made of the cost to the public purse of melting down the 50 pence coins produced to commemorate the UK leaving the EU on 31 October 2019.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

We do not comment on the cost of producing coins as this is commercially sensitive information. The cost of producing these coins will be partially offset by the value gained from recycling them.

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