The Fifty Pounds (£50) coin is a non-circulating legal tender (NCLT) denomination issued by the Royal Mint - and sold at face value - since 2016.
The format is used to mark special occasions or themes and is not intended for general circulation - which is served by a banknote of the same value instead. The coins are legal tender, but contrary to popular belief this does not mean that banks and retailers automatically have to accept them (in practice, they do not accept them).
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