King Charles III Presented with First Banknotes Featuring His Image
The new banknotes, which will enter circulation on June 5, mark a historic transition as King Charles becomes only the second British monarch to appear on the currency.
- King Charles III was presented with the first banknotes bearing his portrait during a ceremony at Buckingham Palace.
- The new £5, £10, £20, and £50 notes will gradually replace the older notes featuring Queen Elizabeth II but will co-circulate with them.
- The design of the new notes is based on a 2013 portrait of King Charles and does not feature him wearing a crown.
- Auction of low serial number notes this summer will benefit charity, reflecting the king's longstanding interest in sustainability.
- The introduction of the new notes is part of a broader transition in royal symbols since King Charles's accession in September 2022.