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The new commemorative Brexit 50p is being mercilessly mocked online

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HM Treasury/ Twitter

The chancellor Sajid Javid has announced plans to have new 50p coin made that will commemorate the UK exit from the European Union on October 31.

According to the Telegraph, millions of new versions of the coin will be ready to spend as soon as Brexit is implemented and will soon be in mass circulation.

The previous chancellor, Philip Hammond had first planned to release a collectors coin for the price of £10 on the original Brexit date of March 29, bearing the words 'Peach, prosperit and friendship with all nations.'

However, Javid has upped those plans and now the coin will be mass-produced and feature the same slogan but will feature the new departure date.

With all that being said, the excitement of a new coin isn't exactly thrilling everyone, especially with the prospect of a no-deal Brexit, which could plunge the country into chaos, looming on the horizon.

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