First look at new King Charles banknotes as monarch replaces Queen

The face of King Charles III officially adorns new Bank of England notes that will enter circulation in 2024, after the institution offered a glimpse at the shiny new currency.

Images of the new £5, £10, £20 and £50 notes have been shared by the Bank of England featuring a photograph of the monarch from 2013, that has been tweaked to reflect how he has aged.

The 74-year-old's face replaces that of his mother's, after Queen Elizabeth II passed away in September this year.

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Speaking before the notes were revealed, Bank of England Governor Andrew Bailey said: "I am very proud that the Bank is releasing the design of our new banknotes which will carry a portrait of King Charles III.

"This is a significant moment, as the King is only the second monarch to feature on our banknotes. People will be able to use these new notes as they start to enter circulation in 2024."

All existing notes featuring the late Queen will continue to be legal tender, the Mirror reports.

Roll-out is expected to be gradual, with The Royal Household requesting that the notes only be introduced to replace damaged tender or to meet increases in demand.

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No changes will be made to the figures featured on the obverse of the notes, which are currently Winston Churchill, Jane Austen, JMW Turner and Alan Turing in ascending order of value.

The design of notes will also continue to follow the existing colour scheme and patterns introduced with the switch to polymer in 2017.

The change means King Charles III will be only the second monarch in the country's history to be shown on the paper version of the currency.

His late mother was the first, with her portrait making history when she appeared on the Series C £1 note in 1960.

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