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Remainers planning to take Brexit 50p coins out of circulation

Three million of the new coins will be minted. (PA)

Opponents of Brexit are reportedly planning to try and remove the new commemorative Brexit 50p coins from circulation by buying them up in large amounts.

Readers of pro-Remain newspaper The New European took to social media shortly after Chancellor Sajid Javid unveiled the coin over the weekend.

Several Remainers posted on Facebook, vowing to take action and buy as many of the coins as possible after they enter circulation on January 31 - the day Britain leaves the EU.

"If and when I get one of these 50 pence coins I shall remove it from circulation, keep it in a drawer, and return them all to a bank on the day the UK rejoins the EU which I predict will not be long," wrote John Perry.

Chancellor of the Exchequer Sajid Javid unveiled the coins this weekend. (PA)

"Put them in a pot. Get them out of circulation. There is only a relatively small amount being made, 500,000 I think so it would be easy if everyone plays the game!" responded Ian Payne.

"16 million people voted remain. I'm sure we can remove this coin very quickly," he added.

Another social media user, Helen Wynne-Jones, wrote: "I'm not going to accept any of these coins. Instead they will go straight to a UK based charity. We're going to need it."

Mr Javid originally ordered production of the celebratory coins in advance of the original departure date of October 31.

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

The Chancellor has now unveiled coins bearing the inscription “Peace, prosperity and friendship with all nations” and the date of January 31.

He said: “Leaving the European Union is a turning point in our history and this coin marks the beginning of this new chapter.”

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

The European Parliament is expected to vote to approve the Withdrawal Agreement on Wednesday, after the PM signed the treaty paving the way for the UK to leave on January 31.

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