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Privacy NoticeThe first £1 coins featuring King Charles have been released into circulation, marking a historic moment for the nation’s currency. Nearly three million of these new designs will be distributed across the UK this week through Post Offices and banks. The coin showcases a pair of British bees on the “tails” side, symbolising the King’s dedication to conservation and nature, while the “heads” side features Charles’ official effigy. Rebecca Morgan, director of commemorative coin at The Royal Mint, announced: “The Royal Mint has made the circulating coinage of each of Britain’s monarchs since Alfred the Great and it is an honour to reveal that King Charles III’s £1 coin is now in circulation.” “We know there’ll be a buzz of excitement amongst collectors and the public to get this special piece of history in their change. We hope the designs across all denominations spark important conversations about the conservation of these important species.”
01.11.23 – Picture shows the new pressing of the 1 pound coin at the Royal Mint in Llantrisant, South Wales
(Image: No credit)
A total of 2.975 million £1 coins are being issued to banks and Post Offices, and they will co-circulate alongside ones displaying the effigy of the late Queen Elizabeth II, which will be replaced over time as they become damaged or worn. The £1 coin is one of eight designs, inspired by flora and fauna to reflect the King’s environmental commitment. These designs range from 1p to £2 and were created as new definitives standardised designs seen on most official currency.
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Following commemorative coins featuring the King’s portrait, the first Charles III definitive a 50p depicting an Atlantic salmon was released in November 2023. The other designs, set to be introduced based on demand, include a 1p with a hazel dormouse, a 2p red squirrel, a 5p oak tree leaf, a 10p capercaillie grouse, a 20p puffin, and a £2 coin showcasing national flowers rose, daffodil, thistle and shamrock.
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A public poll conducted by the Royal Mint revealed that the £1 bee coin was the favourite, closely followed by the 2p red squirrel. These coins also feature a repeating pattern of three interlocking Cs, paying homage to history through the cypher of Charles II. The value number on the coin has been enlarged to assist children in developing their counting skills. Banknotes bearing the King’s portrait entered circulation in June, marking the first time the sovereign has been changed on the Bank of England’s notes.Story SavedYou can find this story in  My Bookmarks.Or by navigating to the user icon in the top right.Follow OK! MagazineFacebookTwitterMore OnCharles and CamillaKing Charles III
