King Charles presented with new banknotes

© Bank of England

King Charles was presented with the new banknotes featuring his likeness by the Bank of England at Buckingham Palace.

Andrew Bailey, governor of the Bank of England, showed the King the new banknotes that would go into circulation in June.

He was presented with the new £5, £10, £20 and £50 banknotes and the presentation followed the tradition of giving the first issues to the monarch.

The King called the banknotes “very elegant.”

© Bank of England

This will be the first time there will be a change in monarchs on the banknotes as the late Queen Elizabeth II was the first to feature on the money, beginning in 1960.

When King Charles was told this fact, he said: “This is what is so surprising. You would think that it goes back.”

The new banknotes will show a portrait of King Charles from 2013, and unlike the images of his mother on British currency, he is not wearing a crown.

The currency will begin circulation on 5 June, but money with a photo of Queen Elizabeth II can still be used.

The Bank of England said: “Polymer banknotes that feature the portrait of Her late Majesty Queen Elizabeth II will remain legal tender, and will co-circulate alongside King Charles III notes. The new banknotes will only be printed to replace those that are worn, and to meet any overall increase in demand for banknotes.”

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About the Author

Brittani Barger
Brittani is from the United States and has been researching, writing and reporting on the royals for over a decade. Successfully gaining exclusives and interviews with royals across the globe, Brittani left her role as an editor for another news site to help bring you Royal News. She's been seen on BBC World, WION News and other news programs to discuss the royal families.

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