Commemorating the United Kingdom’s twenty-fifth anniversary of EU
membership and presidency of the Council of Ministers, John Mills’
celebratory reverse design features the twelve stars of the European Union
with the letters "EU" between the anniversary dates "1973" and "1998", and
the value '50 PENCE' below.
The United Kingdom's entry into the European Economic Community in 1973
was marked by the issue of a commemorative fifty pence coin. Since then
the fifty pence has become the 'European' coin, chosen again in 1992/93 to
mark two further historic European Union events; the United Kingdom's
Presidency of the Council of Ministers and the completion of the Single
European Market. This 1998 coin commemorates 25 years of the United
Kingdom's membership and its six-month Presidency of the European Union.
text source and credit The Royal Mint.