November 30, 2022

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First banknotes featuring Charles III in circulation by mid-2024

First banknotes featuring Charles III in circulation by mid-2024

The Bank of England announced on Tuesday that the first banknotes bearing the image of the new King Charles III will be in circulation in the United Kingdom by mid-2024, but the portrait will be unveiled later this year.

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The monarch’s portrait will “appear on four existing models of polymer banknotes” of £5, £10, £20 and £50, “and no further changes will be made”, according to a statement released a week after Elizabeth II’s funeral.

In addition, banknotes bearing the image of Elizabeth II will continue to circulate in parallel and will only be returned if damaged to “minimize the environmental and financial impact of the change of monarch”, following directives from the Royal House, the financial institution notes. .

A new polymer currency – which has gradually replaced paper money in the UK since 2016 – will be printed only to take its place. Meet any overall increase in demand.

Buckingham Palace unveiled a new royal monogram – Charles III’s initials – on Monday evening, which will be displayed specifically on government buildings and letterboxes and stamped on official documents.

Under Elizabeth II, the monogram for Elizabeth II Regina (Queen in Latin) is “EIIR”.

The royal monogram becomes “CIIIIR” for Charles III Rex (king in Latin). In images of the monogram published by Buckingham, the C and R are intertwined and a crown floats above the initials.

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Couriers leaving Buckingham Palace will be joined by a new “CIIR” from Tuesday, marking the end of royal mourning for the Queen, who died on September 8 aged 96.

Buckingham Post Office sees around 2,000 parcels and letters sent each year, including invitations, replies to letters or cards and official letters.

After the national anthem, its male version, “God Save the King,” many aspects of everyday life in the United Kingdom will change once Charles III ascends the throne.

The new monarch’s face will begin to appear on coins across the Channel, but also on other countries around the world or even on British stamps. The titles of ‘Her Majesty’ Government, Treasury and Customs have already changed to ‘His Majesty’.