Bank notes featuring King Charles’ face will not be in circulation until the year 2024, sources have confirmed.
The news shocked many royal fans who wished to see the new monarch’s face on their currency notes as it was a symbol that stood out as the start of his new reign.
On the other hand, his new monogram will reportedly appear across government buildings and even some state documents, sources explained.
Moreover, the cipher will also be seen on some of the boxes in the next few months and years, experts revealed.
In the same way, features of the King’s initial C intertwined alongside the letter R that stands for Rex and is Latin for King are going to be seen.
Therefore, for now, it has been decided how the bank notes featuring the Queen’s portrait will continue to be the legal tender for the foreseeable future. And only will it be removed in cases when they’re worn out or damaged.
Hence, we do expect to see about two years times, King Charles make his way into the national currency but until then, let’s just wait patiently.
His Majesty’s face would reportedly strike out on existing designs of all four notes made of polymer, and there will be existing stocks having Queen Elizabeth II’s face on them too.
The new cipher belonging to the reigning monarch was announced by Buckingham Palace yesterday.
The real Tudor crown was broken up and its valuable components sold after Oliver Cromwell abolished them from the monarchy in the year 1649.
In 2017, an amateur detectorist found the centerpiece worth 2 million pounds under the tree in Northamptonshire and now, it’s located at the British Museum.
The news comes as the nation prepares for the future release of both coins and stamps featuring the new monarch’s face.