King Charles will soon start appearing on UK coins, but banknote portraits not expected until 2024

The royal mintthe official manufacturer of fiduciary coins in the United Kingdom, has confirmed on its website that coins bearing the portrait of King Charles III will soon come into circulation.

“All British coins bearing the likeness of Her late Majesty Queen Elizabeth II will also remain legal tender and in active circulation. Historically, it has been common for coins featuring different monarchs to co-circulate. This ensures a smooth transition, with minimal environmental impact and cost,” the Royal Mint said.

The official mint said it will unveil further details about the coinage of King Charles III in the coming weeks.

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Coins in circulation: Around 27 billion coins are currently circulating in the UK bearing the likeness of Queen Elizabeth II. These will be replaced over time as they become damaged or worn, and to meet demand for additional coins, the Royal Mint said.

What about banknotes? Charles will appear on four banknotes – the 5, 10, 20 and 50 pound notes – which are due to come into circulation by mid-2024, the Bank of England said in a statement, adding that it would reveal details. images of banknotes representing the king by the end of this year.

Anne JessoppCEO of Royal Mint, said: “As the UK’s official coin maker, we have told the story of every monarch since Alfred the Great and are now preparing for the biggest change in the British currency for several decades.

Jessopp said the first Charles coins would come into circulation as requested by banks and post offices.

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