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The British pound changes its face, the coins with the portrait of King Charles are revealed

2022-12-20 18:22:42Kosova&Bota SHKRUAR NGA REDAKSIA VOX
The British pound changes its face, the coins with the portrait of King Charles
The British pound changes its face, the coins with the portrait of King Charles are revealed

The long era of Elizabeth II, who died on September 8 after a 70-year reign, is also coming to an end on British banknotes.

The Bank of England today unveiled the long-awaited prototype of the new banknote featuring the image of the new sovereign, King Charles III. His portrait will appear on plasticized polymer banknotes in denominations of 5, 10, 20 and 50 pounds.

The changed denominations will go into circulation from mid-2024, initially alongside the still available and valid banknotes bearing the image of Queen Elizabeth.

The profile of Elisabetta's 74-year-old eldest son, created ad hoc by a renowned artist based on a court portrait dating back to 2013, traditionally appears on the front of the banknotes, decorated instead of on the back – with the image of different personalities alternating from the history or culture of the Kingdom.

"I am very proud to release the design of this new issue, it is an important milestone for the country as the King (Charles) is only the second monarch to have his face printed on our banknotes," the Bank of England governor said. , Andrew Bailey.

The British pound changes its face, the coins with the portrait of King Charles

Existing banknotes bearing the image of the late Queen Elizabeth II will still be accepted as the new banknotes will continue to circulate.

Queen Elizabeth was the first and only monarch to appear on Bank of England banknotes, beginning in 1960.

There are currently around 4.5 billion individual Bank of England notes in circulation, worth around £80 billion.

The Bank of England said that following guidance from the royal family, the new notes will only be printed to replace worn notes or to meet rising demand, so as to minimize the environmental and financial impact of the changeover.


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