Exit Elizabeth, place Charles. From mid-2024, the picture is off Charles III
will appear instead of his mother’s face on the front of the banknotes and inserted in the transparent security window, according to the images revealed by the Bank of England on Tuesday 20 December. “The King’s portrait will appear on existing designs of all four banknotes“5, 10, 20 and 50 pounds,”without further changes”in their design, the institution announces in a press release.
The portrait is a engraving made from a photo “delivered by the royal family in 2013“And the visual, completed in recent months, has been validated by the monarch,” a Bank of England spokesman told AFP.
Polymer notes – which have gradually replaced paper money in the UK since 2016 – will be produced on a large scale from the first half of 2023, before they enter circulation the following year.
Elizabeth banknotes phased out
Compared to banknotes with the image of the late king’s mother, they will continue to circulate in parallel and will only be removed when damaged for “minimize the environmental and economic impact” from change of monarch
according to the Royal House’s guidelines, according to the same press release.
That first coins with the image of Charles III
came into circulation in early December, making their appearance at post offices across the country. Around 27 billion coins are currently in circulation in the United Kingdom bearing the face of the late Elizabeth II: they too will remain valid and will only be replaced when damaged or worn