King Charles III's image to debut on Australian coins after Queen Elizabeth II's reign
Queen Elizabeth II, King Charles III's effigy is set to grace Australian coins. The Royal Australian Mint recently announced the introduction of the new British monarch's image, heralding a significant change in Australian currency.
The first coin to feature King Charles III will be the gold Australian dollar, with approximately 10 million coins expected to be in circulation by Christmas.
According to an AP report, the Assistant Minister for Treasury, Andrew Leigh, explained that the transition was carefully planned and not rushed following Queen Elizabeth II's passing in September the previous year. He stated, «Certainly, we're keen to get as many of the new coins with the king's face on them out there as quickly as possible.»
This transformation will extend to various denominations, including 5, 10, 20, and 50 cent coins, along with a $2 coin.
These coins will bear the king's left profile and will not feature a crown. This change aligns with the demand from banks and maintains the tradition of depicting the reigning monarch's right profile.
King Charles III's image, which was officially designed by The Royal Mint in London and bears royal approval, is part of the Commonwealth Effigy available for use by all British Commonwealth countries.
While this marks a significant change, it's important to note that the 15.5 billion Australian coins carrying Queen Elizabeth II's image, minted since the introduction of decimal currency in 1966, will remain legal tender.
Queen Elizabeth II has been a fixture on Australian money since 1953.
The Australian government faced some criticism earlier this year when it replaced the queen's image on the $5 note with an Indigenous design, rather than featuring the image of the king. The
