The Royal Mail and Bank of England said they have received guidance from King Charles’s royal household aimed at minimising cost and ensuring a sustainable transition when changing the UK's banknotes and stamps to bear the King's image.
Updated banknotes bearing the portrait of the King will be revealed by the end of the year, the Bank of England has said. The notes are expected to enter circulation by mid-2024 with the new portrait appearing on existing designs of the £5, £10, £20 and £50 banknotes.
The Royal Mail also confirmed the King’s image will replace the Queen on new 1st and 2nd Class definitive stamps, as well as all those of other values. Issues of special stamps will also feature a silhouette of King Charles.
“In line with guidance from the Royal Household, to minimise the environmental and financial impact of the change of monarch, existing stocks of definitive stamps that feature the late Queen and the special stamps which use her...
