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King Charles III banknotes enter circulation for the first time

King Charles III banknotes enter circulation for the first time

Banknotes bearing the portrait of King Charles III were introduced into circulation on Wednesday, marking the first time such notes have been issued, the Bank of England announced.

King Charles III’s likeness will adorn the front of the £5, £10, £20, and £50 banknotes, visible through the notes’ transparent security window. The design of the notes otherwise remains unchanged. In addition to monarchs, UK banknotes feature historical figures like Winston Churchill, Jane Austen, J.M.W. Turner, and Alan Turing.

The images of the notes featuring King Charles III were unveiled in December 2022, following the passing of Queen Elizabeth II in September of the same year.

The Bank of England clarified that banknotes featuring Queen Elizabeth II will continue to be legal tender and will circulate alongside those featuring King Charles III. These two monarchs are the only ones depicted on banknotes, as this tradition began in 1960.

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