Currency, Stamps Might Change After Queen Elizabeth II Death
TThe iconic image of Queen Elizabeth II’s face, which she died in September 2008, is something that many people are familiar with. Her profile picture, which is the head of Commonwealth, appears prominently on coins and banknotes of not only the U.K., but at least 20 countries worldwide. Currently, all 29 billion coins and 4.7 billion banknotes in circulation in the U.K. feature the Queen’s portrait.
Although official changes are yet to be confirmed, the accession of a new monarch traditionally results in a rollout of new banknotes, coins and stamps, meaning that new versions bearing the portrait of the Queen’s successor, King Charles III, are widely expected. “Most of the events accompanying or following accessions in the modern era, including in 1952, have simply followed what had happened the last time as a matter of habit, or resolution upon ‘how these things are done’—not a set of procedures prescribed by law,” Robert Blackburn, a professor of constitutional law at King’s College London, told the U.K. Parliament in 2011. Other nations with ties to the British monarchy are preparing to make similar changes in the aftermath of the Queen’s death, which brought an end to her 70-year-reign.
While the Royal Mint, which produces Britain’s coinage, has not yet said when it will begin circulating new coins, it will likely take years to remove the currency adorned with the late Queen’s image from circulation and replace it.
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It could take a while before the changes are made. The U.K. currently has a 10-day mourning period. An official portrait of King Charles III still needs to be commissioned before updated banknotes and stamps enter circulation—and the U.K. may want to exhaust more of its current stock before reprinting new items. The Royal Mint says it has not stopped striking coins bearing Queen Elizabeth II’s portrait and all coins with her image remain legal tender.
The new monarch will most likely make some changes to the iconic royal symbols in our daily lives.
As the head of an Empire that straddled the globe, the Queen served as the sovereign leader of 15 nations—including Australia, Canada, and New Zealand—and head of a Commonwealth of more than 50 nations.
Canada is a former British colony. Images of Queen Elizabeth II continue to be featured on coins in Canada and the current 20-dollar banknotes. “The current polymer $20 bank note is intended to circulate for years to come,” the Bank of Canada told TIME in a statement. A spokesperson for the Royal Canadian Mint, which is responsible for manufacturing and distributing the coins in Canada, told TIME that it’s up to the country’s government—led by Prime Minister Justin Trudeau—to decide if new currency will feature the portrait of King Charles III.
The Reserve Bank of New Zealand, also a former British colony, told TIME in a statement that it will eventually replace Queen Elizabeth II’s face with the new King’s on its coins and 20-dollar banknotes—but such a change would only happen when all its existing coins and banknotes featuring the Queen have been exhausted.
Continue reading: Countries May Cut Ties With Monarchy After Queen’s Death
“The Queen is likely to remain on $20 banknotes issued from existing stock for many years to come,” the central bank said in a statement. “We manufacture these notes infrequently and do not plan to destroy stock or shorten the life of existing banknotes just because they show the Queen. This would be wasteful and poor environmental practice.”
Similar plans are being pursued by the Reserve Bank of Australia. It said in a statement to TIME that the former British colony will keep its five Australian dollar banknotes featuring the late Queen in circulation “for years to come,” but new coins with a portrait of the King could start entering circulation as early as next year. The spokesperson stated that it was a custom for the monarch to be on the lowest Australian dollar banknote. There are more than 1,000,000 five-dollar banknotes in circulation.
As the world’s longest-reigning monarch, Queen Elizabeth II’s portraits have graced the currencies of 33 different countries—more than that of any other individual. Canada was the first country to use the British monarch’s image on its currency, putting the 9-year-old Princess on its 20-dollar notes in 1935. Britain followed suit 35 years later in 1960, just eight years after Elizabeth ascended the throne. Over time, 26 different portraits of Elizabeth have been used in the U.K. and its current and former colonies, dominions and territories—many of which were commissioned for placement on official currency.
While portraits depict Queen Elizabeth II in formal clothing, such as a crown and a gown, those of Canada and Australia show her wearing plain clothes with pearls and a simple dress. Some countries have updated their banknotes over time to reflect the Queen’s age—reprinting new money—while others opted to keep older images of her.
On coins, the Queen’s profile has always faced to the right during her reign, but King Charles III’s profile is expected to face the left, in keeping with a tradition that dates to the 1600s of alternating the direction each monarch’s head on coinage between successive reigns.
The monarchy is a common theme on British stamps. The world’s first adhesive postage stamp was launched in the U.K. in 1840 with an image of Queen Victoria, according to the U.K.’s postal service, the Royal Mail. The stamp was so popular that it led to the introduction of the “penny post” in which mail could be sent across the British Empire for just a penny.
More than a hundred years later, in 1966, Queen Elizabeth II’s image was first used on an elaborate postage stamp that has since been printed more than 220 billion times and in more than 130 different colors. On Friday, Royal Mail confirmed on its website that unused stamps will remain valid for use until at least the end of 2023 since “there are sufficient stocks to fulfill anticipated demand.”
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“We will make further announcements at the appropriate time after consultation with Buckingham Palace,” it added. “For now, we remember the Queen’s lifetime of dedication to public service.”
Royal Mail also confirmed that all existing post boxes that feature the Queen’s cipher—or insignia—will remain unchanged. Hundreds of bright red pillar boxes can be found along the U.K.’s roadsides, many of which carry the letters “E” and “R” for Elizabeth II and Regina, the Latin word for queen.
A fence at Buckingham Palace with stamps from Queen Elizabeth II, September 8, 2022.
Larissa Schwedes / DPA-AP
“God save our gracious Queen! Our noble Queen will live on! God save the Queen!”
These words have been chanted by crowds at sporting events since 1952. For most Britons, it’s the only version of the national anthem they have ever known. But the word “Queen” will be substituted with “King” for Charles, as is tradition for the anthem, which was first publicly performed in London in 1745. That version hasn’t been used since 1952 when the Queen’s father George VI died. Outside Buckingham Palace sang “God Save the King”September 9., while King Charles III greeted him.
Britain’s newly installed Prime Minister Liz Truss ended her speech on Thursday “God save the king,” a mark of respect to the new monarch.
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