King Charles III are coming to England. Per a press release from the Bank of England on Monday, banknotes featuring Charles will be revealed by the end of this year.
The notes are expected to enter circulation by mid-2024. His Majesty's portrait will appear on existing designs of all four polymer banknotes (£5, £10, £20 and £50).
This will be a continuation of the current polymer series and no additional changes to the banknote designs will be made.Charles will appear on both the front and back of the banknote, as well as in cameo in the see-through security window.Existing stocks of notes featuring Queen Elizabeth II will continue to be issued into circulation.
New notes will only be printed to replace worn banknotes and to meet any overall increase in demand for banknotes, as part of the royal household's efforts to minimize «the environmental and financial impact of the change of monarch.»Current banknotes featuring the portrait of the queen -- who first appeared on Bank of England banknotes in 1960 — will continue to be legal tender and will only be removed from circulation once they have become worn or damaged.Money with the queen's image will also continue to circulate, along with those featuring King Charles III, until no longer available.The Bank of England's announcement comes just days after Buckingham Palace released a photo of the newly minted monarch carrying out official government duties, with a photo of his late mom, the queen, and dad, Prince Philip, behind him.Taken in the Eighteenth Century Room at Buckingham Palace last week, the new pic shows Charles reviewing documents from The King’s Red Box, which contains papers from government ministers in the United Kingdom and the Realms and from.
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