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King Charles III issues the first British banknote bearing his image

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Bank of England representatives presented Britain’s King Charles III with the first set of banknotes bearing his image at Buckingham Palace in London on Tuesday.

The 75-year-old monarch, Have been undergoing cancer treatmentPictured with Andrew Bailey, Governor of the Bank of England, and Sarah John, Chief Cashier and Executive Director of the Bank.

This is seen as a historic moment as it is the first time the Bank of England has changed the image of a British monarch on a banknote, with King Charles’ late mother Queen Elizabeth II being the first monarch to appear on a banknote. 1960 British Note.

Buckingham Palace said: “The King received £5, £10, £20 and £50 notes.”

“These are the first banknotes to bear the image of His Majesty the King. These banknotes will enter circulation on June 5, 2024.”

The Bank of England earlier announced that polymer banknotes bearing the portrait of Queen Elizabeth II will remain legal tender and co-circulate with the new King Charles III banknotes. New banknotes are printed simply to replace those that are worn out and to meet the overall increase in demand for banknotes.

“Our approach is in line with the Crown’s guidance to minimize the environmental and financial impact of this change. This means that the public will gradually begin to see the new King Charles III banknotes,” the Bank of England said.

Under the new portrait design introduced last year, the king’s image will appear on the front of the banknote as well as in relief in a transparent security window, while the back of the banknote will remain unchanged.

Tuesday’s meeting at the King’s Palace was filmed and filmed for publication and is seen as a positive sign of his recovery since his cancer diagnosis was revealed in February.

He has stepped back from most public-facing duties and was last seen at an Easter service late last month.

Reports suggest the palace plans to start scheduling more public events in the coming weeks as his treatment is said to be going well.

Published by:

Sudeep Lavanya

Published on:

April 10, 2024

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