London — The first images of banknotes featuring Britain’s King Charles III were unveiled on Tuesday by the Bank of England
The first banknotes bearing the image of King Charles III are set to enter circulation by mid-2024, the Bank of England said on Tuesday as it unveiled their designs. “The portrait of The King will appear on existing designs of all four polymer banknotes (5, 10, 20 and 50 pounds), with no other changes to the existing designs,” the central bank said
“The King’s image will appear on the front of the banknotes, as well as in cameo in the see-through security window.”
Charles, 74, became king after the death in September of his mother Queen Elizabeth II.
The first coins bearing his likeness entered circulation earlier this month, the Royal Mint has previously announced.
Threadneedle Street said plans had been made in line with guidance from the royal household to minimise the environmental and financial impact of the change by only printing new notes to replace worn bank notes, and to meet any overall increase in demand for the currency.
This will mean notes featuring Queen Elizabeth II and King Charles III will “co-circulate”, it said
I am very proud that the Bank is releasing the design of our new banknotes which will carry a portrait of King Charles III,” its governor Andrew Bailey said in a statement.
“This is a significant moment, as The King is only the second monarch to feature on our banknotes.”
