Coins and banknotes depicting King Charles III and Queen Elizabeth II will co-circulate

“The first coins bearing the likeness of His Majesty King Charles III will come into circulation in accordance with the request of banks and post offices. This means that the coinage of King Charles III and Queen Elizabeth II will circulate in the United Kingdom for many years to come,” Royal Mint chief executive Anne Jessopp said in a press release on Tuesday.

The British manufacturer said around 27 billion coins are currently circulating in the country « featuring the likeness of Queen Elizabeth II. These will be replaced over time as they are damaged or worn out, and to meet upon request for additional parts ».

The Royal Mint will unveil further details of King Charles III’s coinage over the coming weeks, it added.

For nearly 70 years, the image of Queen Elizabeth II has appeared on coins across the UK, with different portraits of her profile as she aged. She appeared on the country’s banknotes for more than 60 years, the first British monarch to do so. His portrait also appears on the currency of several countries formerly under British rule.

Since 1953, a year after the Queen’s accession to the throne, British coins have carried five different versions of her portrait. She appeared on the country’s banknotes from 1960.

– CNN’s Anna Cooban contributed to this report

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