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Uk New Coins
Uk New Coins latest news, images, analysis about WebSep 30, 2022 · LONDON, Sept 30 (Reuters) - The first British coins to feature the image of King Charles have been unveiled by the Royal Mint, with the portrait of the new monarch facing the opposite direction...
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FAQs for Uk New Coins
Who will be on the new British coins?
The King will replace his mother, Queen Elizabeth II, to become the first king on British coins since 1952. The Royal Mint, based in Llantrisant, Rhondda Cynon Taf, said all coins bearing the portrait of Queen Elizabeth II would remain legal tender. The date the new coins will enter into circulation, and images of them, are yet to be released.
What's on the Royal Mint's new £5 coin?
To mark the occasion The Royal Mint is set to issue a brand new £5 coin. The Royal Mint has revealed five new coin designs for 2022, including a 50p, £5 crown and special celebration platinum set to celebrate Her Majesty the Queen’s Platinum Jubilee.
Where are British coins made?
The coins will be struck at The Royal Mint's site at Llantrisant, south Wales, where the official coin maker - and Britain's oldest company - moved to accommodate the decimalisation process in 1967. Before decimalisation, it was common for people to carry coins featuring different monarchs in their pockets.
What will happen to the 27 billion British coins?
That means they will join the pool the money currently being used around in the UK. Charles replaces his mother, Queen Elizabeth II, to become the first king on British coins since 1952. But people will still be able to carry on using current money featuring the late Queen, so those 27 billion coins will still be accepted in shops.
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