Coins featuring King Charles III are set to enter use before Christmas in the UK, where they’ll circulate alongside existing ones depicting Queen Elizabeth II.
The change comes at no cost to the taxpayer, the mint says, because coins are always being produced to replace ones that are worn.
With cash use dropping in favor of cards or mobile payment, fewer coins may be needed in the future.
Although coins are changing, UK banknotes will remain the same for now.
The Bank of England has announced that it will continue to issue existing notes featuring the queen, following guidance from the Royal Household to “minimize the environmental and financial” impact of any changes.
New banknotes are set to be unveiled by the end of the year and are expected to enter circulation by 2024.
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