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Daily Mirror
Daily Mirror
National
Benedict Tetzlaff-Deas

First pictures of King Charles III banknotes - and when they will be released

Britain's new-look banknotes have been revealed featuring the likeness of King Charles III.

Images of the new £5, £10, £20 and £50 notes have been shared by the Bank of England as the nation passes another landmark following the death of Queen Elizabeth II in September.

In the updated notes, which are expected to enter circulation by mid-2024, King Charles III can be seen without his crown wearing a neutral expression.

All existing notes featuring the late Queen will continue to be legal tender. Roll-out is expected to be gradual, with The Royal Household requesting that the notes only be introduced to replace damaged tender or to meet increases in demand.

The new-look £5 note, which will continue to also feature Winston Churchill (Bank of England)
King Charles III on the £10 note, which still has Jane Austen on the other side (Bank of England)

The King's portrait was supplied by Buckingham Palace back in 2013, with minor tweaks being made in the years since as he aged.

No changes will be made to the figures featured on the obverse of the notes, which are currently Winston Churchill, Jane Austen, JMW Turner and Alan Turing in ascending order of value.

The design of notes will also continue to follow the existing colour scheme and patterns introduced with the switch to polymer in 2017.

The change means King Charles III will be only the second monarch in the country's history to be shown on the paper version of the currency.

King Charles III on the £20 note, with JMW Turner on the reverse side (Bank of England)
King Charles III will feature on the £50 note (Bank of England)

His late mother was the first, with her portrait making history when she appeared on the Series C £1 note in 1960.

Speaking before the notes were revealed, Bank of England Governor Andrew Bailey said: "I am very proud that the Bank is releasing the design of our new banknotes which will carry a portrait of King Charles III.

"This is a significant moment, as the King is only the second monarch to feature on our banknotes. People will be able to use these new notes as they start to enter circulation in 2024."

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