British currency changes in the head of Charles, the new version of the banknotes will be announced before the end of the year

[Global Times Comprehensive Report] The official Twitter account of the British royal family uploaded a portrait photo of the late queen Elizabeth II on the 27th and announced the end of the mourning period. According to Reuters on the 27th, Buckingham Palace, Royal Mint, Bank of England, and Royal Post Group announced on Tuesday that coins, banknotes and stamps printed with Charles III avatars will gradually circulate on the market.

Bank of England issued a statement saying that Charles III's avatars will appear on banknotes of 5 pounds, £ 10, £ 20, and £ 50. Except for replacing Elizabeth II's avatars, these banknotes will not change other changes. The new version of the banknotes will be announced by the end of this year, and it is expected to start in mid -2024, but the currency with Elizabeth II's avatars will not disappear overnight. The bank said that in response to the British royal family's call for "minimizing the impact of the monarch on the environment and finance", only when the currency was "worn or damaged", it would stop using banknotes printed with Elizabeth II's avatars.

It is reported that similar changes will occur in British coins. The Royal Mint announced on the same day that the first batch of coins printed with Charles III avatars will cooperate with the needs of banks and post office to the market. Reuters reports that the Royal Mint estimates about about 27 billion coins on the British market with coins with the heads of Elizabeth II, all of which will take some time to replace the new coins printed with the new king. This means that in the next many years, the coins with different kings will be circulated in the UK at the same time.

The Royal Postal Group also plans to update the ordinary stamp pattern issued by it. The stamps printed with the portrait of Charles III will start circulating after the stamp inventory of the portrait of Elizabeth II.

At the same time, Buckingham Palace also announced a new "Royal Sign". According to the British "Guardian" report, the new "Royal Logo" was selected by Charles III from a series of design drawings provided by Charles III. The first letter "R" representing the word "R" represents the king "R" is interwoven below the crown pattern, and the "III" representing Charles III is embedded in the letter "R". The Scottish version of the "Royal Logo" uses the Scottish crown pattern.

It is reported that the new "Royal Logo" will appear on national documents, government buildings and red postboxes. "Each organization can decide the time when the royal logo can be replaced. This process will be gradual." Buckingham Palace said.

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