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King Charles to gradually replace Queen Elizabeth on British banknotes from mid-2024
- Queen Elizabeth’s image has appeared on at least 33 different currencies, according to the Guinness Book of World Records
- The queen’s image was replaced on Hong Kong currency with the Bauhinia blakeana flower beginning in 1993
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Chad Brayin London
King Charles will slowly begin to replace his mother Queen Elizabeth on banknotes in Britain beginning in mid-2024, with the two monarchs likely appearing on British pounds for years after that, the Bank of England said on Tuesday.
In line with guidance from Buckingham Palace, existing stock of currency featuring Queen Elizabeth’s image will continue to circulate to minimise the environmental and financial effects of the change of monarch, the central bank said.
“New notes will only be printed to replace worn banknotes and to meet any overall increase in demand for banknotes,” the Bank of England said in a statement.
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The Royal Mint separately confirmed on Tuesday that King Charles also will begin to appear on British coins at a later date.
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Queen Elizabeth makes final journey to Windsor Castle after state funeral
Queen Elizabeth makes final journey to Windsor Castle after state funeral
“The first coins bearing the effigy of His Majesty King Charles III will enter circulation in line with demand from banks and post offices,” Anne Jessopp, the Royal Mint’s chief executive, said in a statement. “This means the coinage of King Charles III and Queen Elizabeth II will co-circulate in the UK for many years to come.”
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