About three million first £1 coin featuring Britain’s King Charles III has entered circulation, with collectors encouraged to look out for the historic addition to the nation’s currency.
The new designs will make their way into people’s pockets and tills across the country this week, via post offices and banks throughout the UK.
Director of Commemorative Coins at The Royal Mint, Rebecca Morgan, said this yesterday.
“The Royal Mint has made the circulating coinage of each of Britain’s monarchs since Alfred the Great, and it is an honour to reveal that King Charles III’s £1 coin is now in circulation”, She added.
“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’’.
A total of 2.975 million one pound coins are being issued to banks and post offices, and they will co-circulate alongside ones displaying the effigy of the late Queen Elizabeth II.
The old coins will be replaced over time as they become damaged or worn.
The £1 coin is one of eight designs ranging from one p to two p, inspired by flora and fauna to reflect the king’s commitment to the environment.
Following commemorative coins bearing the king’s portrait, the first Charles III definitive, the 50p depicting an Atlantic salmon, was released in November 2023.
The other designs, which will be introduced in line with demand, are the 1p showing a hazel dormouse and the 2p red squirrel.
The 5p oak tree leaf, 10p capercailzie grouse, 20p puffin, and the 2 pounds with the national flowers rose, daffodil, thistle, and shamrock.
A public poll by the Royal Mint found that the £1 bee coin was the favourite, closely followed by the 2p red squirrel.
They also have a repeating pattern of three interlocking Cs, which gives a nod to history through the cypher of Charles II.
The number indicating the value of the coin has also been enlarged to help children with their counting skills.
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. dpa/NAN
