Bank of England Reveals King Charles III Banknote Designs
The Bank of England has unveiled plans to keep a lasting legacy alive with the circulation of new banknotes featuring King Charles III in mid-2024.
The United Kingdom’s central bank made the first public announcement on the design in the days leading up to the royal coronation in May. Officials said the king’s picture would be added to the designs of all four of the polymer banknotes now in circulation in the country, including the five, ten, twenty, and fifty pound notes. It is the first time that the design has been revealed to the public.
Both the front of the banknotes, which are made of polymer plastic, and the see-through security window on the notes will have an image of the king.
The polymer plastic notes will also be transparent. The banknotes featuring Queen Elizabeth II will also continue to be legal currency and remain in circulation for the general population to be used as has been the norm up to now.
New notes will solely be produced to replace damaged banknotes and satisfy any general rise in demand. The Bank of England reported they have developed measures in accordance with guidelines from the royal household to minimize environmental and financial consequences of the move.
King Charles to be Featured on a Bank of England UK Note
King Charles III will be featured on a Bank of England UK note, making him the second monarch to be honored in such a way.
While the Bank of England has been printing paper currency since the late 1600s, it wasn’t until the introduction of the one pound note depicting Queen Elizabeth II in 1960 that the bank included a portrait of the queen on a bill for general circulation. Nonetheless, the monarch’s image has been depicted on coins for centuries.
Some Canadian twenty dollar banknotes, New Zealand coins, and currency from other Commonwealth countries all contain the Queen’s head.
The post Bank of England Reveals King Charles III Banknote Designs was originally published on The Greek Reporter.
