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Great Britain. New banknotes with a portrait of King Charles III. Since when [Termin]

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New banknotes with the image of King Charles III will enter circulation on June 5, the Bank of England announced. They are to be used together with those with the image of Queen Elizabeth II, who died in 2022.

New banknote designs in all four denominations – £5, £10, £20 and £50 – were presented in December 2022. The image of the monarch on the obverse and in the clear security window is the only change to the current banknotes, meaning the reverse side will retain the portraits of Winston Churchill, Jane Austin, William Turner and Alan Turing respectively.

Banknotes with a portrait of King Charles III

In a statement issued by the Bank England announced that new series of banknotes will be printed only in sufficient quantities to replace those withdrawn from circulation due to wear or in the event of increased demand. Such gradual introduction into circulation is intended to minimize the impact of changes on the natural environment and reduce costs, and is in line with the guidelines of the royal court.

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The Bank of England also announced that an auction of new banknotes with low serial numbers will be organized in the summer, with the proceeds going to charity.

Charles III He is only the second British monarch to have his portrait featured on Bank of England banknotes.

New banknotes with King Charles IIIbankofengland.co.uk

The first coin with the image of Charles III

In December 2022, the first coin with the image of Charles III entered normal circulation – with a face value of 50 pence, and more will gradually appear.

As with banknotes, coins with portraits of Elizabeth II and Charles III will be used in parallel for many years.

Main photo source: Andy Rain/EPA/PAP

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