What happens when a policy that was supported by a popular vote becomes less popular? You get the situation that the British government faces as Brexit inches closer to its March 2019 execution.
On June 23, 2016, the people of the United Kingdom held a referendum as to whether the country should leave the European Union. The vote and process has been called “Brexit,” a portmanteau of the term “Britain Exit,” as in should Britain exit the E.U.?
Brexit won by a very slim margin.
As a result of the Brexit vote, the British Parliament voted to complete the Brexit process in March 2019 and the Prime Minister resigned. PM David Cameron was against Brexit and felt that someone else should lead the government who favored the process. Theresa May was selected to be Britain’s second female Prime Minister and will lead the country through Brexit.
However, polls in Britain show that Brexit is no longer as popular as it was in 2016. These polls were taken following the announcement that the Royal Mint mint will be producing a 50-pence coin commemorating Brexit next March.
Although the coin has yet to be designed, the British tabloids, especially those who have soured on Brexit, have been running editorials with anti-Brexit mockups. With these mock-ups frequently appearing in Britain’s newspapers, polls are showing that the pre-Brexit election support of nearly 49-percent has eroded to 37-percent.
Opinions on the concept of a Brexit coin are almost evenly split with 37-percent in favor of the coin, 34-percent against, and 29-percent with no comment or opinion.
In the United States, the only way to raise public passion about a coin is for it to have an error, such as the “Godless Dollars” for coins missing their edge lettering and the motto “In God We Trust.” Otherwise, only we numismatists care.
At least the Brits are paying attention!
And now the news…
View photosMore A special 50p is just one of the many changes Britain’s departure from the UK will bring. The commemorative coin, which is expected to carry the words “Friendship With All Nations” will be available from March 29 – the day the UK leaves the EU. → Read more at finance.yahoo.com
New collectors' coins commemorating statesman Ignacy Jan Paderewski are to be released on Tuesday, in a year in which Poland marks its independence centenary. Paderewski's is the fourth coin in a series issued by the National Bank of Poland. → Read more at thenews.pl
“II am visiting this gallery for the second time in a month,” says Ayushi, a New Delhi-based history honours student. “The glimpse into the past is so fascinating that I have brought along my friends to have a first-hand experience of the remarkable collection of Indian currency,” she adds. → Read more at gulfnews.com
The Royal Australian Mint wants you to be on the lookout for $1 coins specially marked with A, U or S. → Read more at abc.net.au
Increased gold buying by consumers and central banks pushed overall demand for the yellow metal up slightly in the third quarter, according to the World Gold Council's Gold Demand Trends 2018 Report. → Read more at seekingalpha.com