The first banknotes bearing the effigy of the new King Charles III will enter circulation in mid-2024 in the UK, but the portrait will be unveiled later this year, the Bank of England announced on Tuesday (September 27). The portrait of the monarch “will appear on existing models of the four polymer banknotes” of 5, 10, 20 and 50 pounds, “and no more changes” will be done, according to a statement issued a week after Elizabeth II’s funeral.
In addition, banknotes with the image of Isabel II will continue to circulate in parallel and will only be withdrawn when they are damaged by “minimize the environmental and economic impact of the monarch change”following the guidelines of the Royal House, specifies the monetary institute.
Existing stocks of banknotes, bearing the late sovereign, will be put into circulation as planned, while the new polymer currency, which has gradually replaced paper money in the UK since 2016, will only be printed to replace it. “spent banknotes and to meet any general increase in demand”.
Buckingham Palace also unveiled the new royal monogram – the initials of Charles III – on Monday night, which will be displayed on government buildings and letter boxes and stamped on official documents.
End of royal mourning this Tuesday
Under Elizabeth II, the monogram was “EIIR”, for Elizabeth II Regina (queen in Latin). The royal monogram will become “CIIR” for Carlos III Rex (king in Latin). In Buckingham’s published monogram images, the C and R are intertwined and a crown floats above the initials.
The messengers leaving Buckingham Palace will be flanked by the new “CIIR” Tuesday, the date that marks the end of royal mourning for the queen who died on September 8 at the age of 96. The Buckingham Post Office sees some 2,000 packages and letters pass through each year, including invitations, responses to letters or cards and official letters.
After the national anthem, now sung in its male version, “God save the king”Many aspects of everyday life in the UK will change with the accession of Charles III.
The face of the new king will thus begin to appear on coins on the other side of the Channel, but also in other countries of the world, or even on British stamps. The names of the government “Your Majesty” (Your Majesty), Treasury and Customs have already become those of “Your Majesty”.