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The E-Sylum: Volume 25, Number 50, December 18, 2022, Article 25

ROYAL MINT RELEASES FIRST CHARLES III COINS

David Pickup and Dick Hanscom passed along this article reporting that the new King Charles III coins are entering circulation. -Editor

First Charles III coin held Millions of 50p coins bearing the image of King Charles III will enter circulation from Thursday via post offices across the country.

They are the first mass-produced coins carrying the new King's image, and will be given out in change to customers.

An estimated 4.9 million of the new coins are being distributed to post offices - about half of the total number earmarked for circulation.

Coins carrying the image of the late Queen will still be accepted in shops.

"Today marks a new era for UK coinage, with the effigy of King Charles III appearing on 50ps in circulation," said Rebecca Morgan, director of collector services at The Royal Mint.

"We anticipate a new generation of coin collectors emerging, with people keeping a close eye on their change to try and spot a new 50p that bears the portrait of our new King."

  First Charles III coin

The coin has been struck at The Royal Mint in Llantrisant, Wales, using an image of the King produced over the course of months by sculptor Martin Jennings.

He used pictures of King Charles on his 70th birthday to create a likeness of the monarch, in what is the smallest work he has ever had to produce. He described its production and distribution as a "quite remarkable experience".

The reverse side of the new 50p coin is a copy of the design used on the 1953 Crown struck to commemorate the Queen's coronation.

It includes the four quarters of the Royal Arms depicted within a shield. In between each shield is an emblem of the home nations: a rose, a thistle, a shamrock and a leek.

To read the complete article, see:
First King Charles 50p coins enter circulation (https://www.bbc.com/news/business-63888781)

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Wayne Homren, Editor

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