The effigy of King Charles arrives on British banknotes: what will happen to those of Queen Elizabeth?

After coins come bills. There Bank from England revealed in fact what the new 5, 10, 20 and 50 pound banknotes with the effigy of King Charles III, which will go into circulation from 2024🇧🇷

“I am very proud that the Bank is announcing the design of our new banknotes which will feature King Charles III’s portrait. This is an important moment as the King is only the second monarch to appear on our banknotes,” he commented. Andre Baileythe Governor of the Bank of England.

Among the peculiarities of the new banknotes is the fact that the King deliberately opted for a photographic portrait. uncrowned, choosing it from the many available in the Buckingham Palace archives. The image – as reported by the Bank of England – only appears on the front part of the banknotes, as well as in the transparent part. On the reverse, however, several historical figures will remain.

This is one more step compared to the past. However, the notes representing the Queen Elizabeth II, who died at the age of 96 last September, will continue to be used, according to a choice made in accordance with the instructions of the Royal House. To minimize the environmental impact and financial of this change, in fact, new banknotes will be printed only to replace the used ones and to meet a general increase in demand.

Queen Elizabeth was also the first and only monarch to appear on circulating banknotes printed by the Bank of England, from 1960🇧🇷 Notes issued by Scottish and Northern Irish banks do not represent the Sovereign.

Currently, remember the BBCare about approx 4.5 billion Bank of England notes worth around £80 billion. coins from fifty pence with the image of King Charles III have already entered circulation in post offices across the country. Again, those with Elizabeth will still be accepted at all stores.