The Royal Family Gears Up to Celebrate King Charles' Momentous Achievement
Despite bravely battling cancer, King Charles III is eagerly anticipating a significant milestone in his reign as the Bank of England prepares to introduce banknotes featuring a new portrait of the monarch into circulation.
The 75-year-old monarch's portrait is set to grace the new banknotes starting June 5th, prompting preparations for celebrations within the royal household.
While the old notes featuring the late Queen Elizabeth II will retain their status as legal tender and continue to circulate alongside the new ones, King Charles' image will adorn existing designs of all four denominations (£5, £10, £20, and £50), with no additional alterations.
The Bank of England assures that the introduction of the new banknotes will be gradual, with replacements only printed for worn-out notes and to meet any surge in demand, aligning closely with guidance from the Royal Household to minimize environmental and financial repercussions of the transition.