The United Kingdom can expect a slow influx of coins bearing the likeness of King Charles III.
The UK’s Royal Mint announced on Tuesday that coins bearing the freshly mounted face of King Charles III will be released as and when demanded.
The Royal Mint explained: “We can confirm that coins minted at the Royal Mint bearing the portrait of King Charles III will come into circulation as requested by banks and post offices, co-circulating with existing coins depicting the Queen. Elizabeth II. We will share further details soon.”
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UK currency is released without a schedule and is instead distributed to banks and other financial institutions when they request physical silver.
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“Coins minted at the Royal Mint bearing the portrait of King Charles III will enter circulation as requested by banks and post offices. All coins in circulation are released on demand,” the mint added.
Buckingham Palace also unveiled the royal monogram of King Charles III.
The palace used the symbol for the first time on Tuesday in letters sent by the Royal Households.
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Royal monograms are stylized monograms signifying the reigning sovereign of a country or members of the royal family. They are widely used as marks of authority in european monarchiesincluding Spain, Denmark, Sweden, Norway and Romania.