The new coins will circulate alongside the old ones issued during Elizabeth II’s reign.
The British Mint introduced on Thursday, September 29, the first coin depicting King Charles III. The mint portrait of the new monarch was published by the press service of the Royal Mint in Twitter.
“We are proud to present the first official portrait coin of King Charles III, designed by Martin Jennings of the FRSS and personally approved by His Majesty. The first coins with a three-dimensional portrait form part of Her memorial collection Late Majesty Queen Elizabeth II,” the message said.
According to the BBC, the 50p coin featuring the monarch will go into circulation within the next few weeks, and another commemorative coin (worth £5) will be available to collectors from Monday.
On the coins, Charles III faces left, in keeping with the centuries-old tradition that the profiles of new monarchs do not face the same direction as their predecessors (Elizabeth II is depicted looking to the right).
At the same time, Charles III appears on coins without a crown – like previous kings (Elizabeth II is depicted on money with a crown).
It is noted that the new coins are in circulation alongside the old ones issued during the reign of Elizabeth II (now there are 27 billion of them in the UK).
The head of the Royal Mint, Anne Jessop, said that on average, coins remain in circulation for around 20 years, so both Charles III and Elizabeth II will appear on British currency for many years. year to come.
But from the beginning of 2023, the mint will also start minting all other coins with the image of the new king (in denominations from one penny to two pounds), and they will use the same image as in first 50 pence.
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It will be recalled that Charles III officially ascended the throne on September 10 after the death of his mother, Queen Elizabeth II. He died on September 8, and the funeral took place on September 19. More than a quarter of a million people came to say goodbye to the monarch.
King Charles III intends to hold a moderate coronation in 2023 – media
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.