New £1 coin featuring King Charles III unveiled by Royal Mint

Nearly three million of the new designs will be making their way into people's pockets and tills across the country this week, via Post Offices and banks throughout the UK.

Nearly three million new £1 coins have entered circulation in the UK, featuring the first official coin portrait of King Charles III. The coins will be available at Post Offices and banks throughout the country.

A total of 2.975 million coins are being issued, and they will co-circulate alongside £1 coins displaying the effigy of the late Queen Elizabeth II. The coins will be gradually replaced over time as they become damaged or worn.

The £1 coin is part of a memorial collection for Her Late Majesty Queen Elizabeth II, and features a pair of British bees on the “tails” side in honor of the King’s passion for conservation and the natural world. Charles’ official coin effigy is depicted on the obverse or “heads” side of the coin.

Rebecca Morgan, director of commemorative coin at The Royal Mint, said: “The Royal Mint has made the circulating coinage of each of Britain’s monarchs since Alfred the Great and it is an honor 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.”

Banknotes with the King’s portrait went into circulation in June, marking the first time that the sovereign has been changed on the Bank of England’s notes.

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