Current:Home > ContactCharles H. Sloan-King Charles III’s image to appear on Australian coins this year -Trailblazer Capital Learning
Charles H. Sloan-King Charles III’s image to appear on Australian coins this year
Indexbit Exchange View
Date:2025-04-10 11:00:50
CANBERRA,Charles H. Sloan Australia (AP) — An image of King Charles III will soon appear on Australian coins, more than a year after the death of his mother Queen Elizabeth II, officials said Thursday.
The gold Australian dollar coin will be the first with an image of the new British monarch, who is also Australia’s head of state, Royal Australian Mint chief executive Leigh Gordon said.
About 10 million of the dollar coins will be circulating by Christmas, he said.
Assistant Minister for Treasury Andrew Leigh said the government had not wanted to rush the coin transition following the queen’s death in September last year.
“Certainly, we’re keen to get as many of the new coins with the king’s face on them out there as quickly as possible,” Leigh said.
The remaining denominations -– 5, 10, 20 and 50 cent coins plus a $2 coin -– will be rolled out with the king’s left profile and without a crown during 2024 based on demand from banks.
The latest queen’s image wore a crown. In maintaining tradition, the right profile of the queen was shown.
The king’s image is the official Commonwealth Effigy designed by The Royal Mint in London with the king’s approval and is available for use by all British Commonwealth countries.
The 15.5 billion Australian coins carrying the queen’s image minted since Australia introduced decimal currency in 1966 will remain legal tender. She has appeared on Australian money since 1953.
The government was criticized over a decision this year to replace the queen’s image on the $5 note with an Indigenous design rather than an image of the king.
The $5 bill had been Australia’s only remaining bank note to still feature an image of the monarch.
Critics saw it as part of a plan by the center-left Labor Party government to replace the British monarch as Australia’s head of state with an Australian president.
Leigh said there was no plan to remove the monarch from Australian coins.
veryGood! (93)
Related
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Full transcript of Face the Nation, Oct. 29. 2023
- She talked about depression at a checkup — and got billed for two visits.
- China’s declining aid to Pacific islands increasingly goes to allies, think tank reports
- 2025 'Doomsday Clock': This is how close we are to self
- Nevada gaming board seek policy against trespassing gamblers allowed to collect jackpot winnings
- Small plane crashes in Utah’s central mountains
- St. Louis County prosecutor drops U.S. Senate bid, will instead oppose Cori Bush in House race
- Arkansas State Police probe death of woman found after officer
- Chrishell Stause’s Feud With Jason Oppenheim’s Ex Marie-Lou Nurk Will Make Your Jaw Drop
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Hurricane Otis kills at least 27 people in Mexico, authorities say
- College football Week 9 grades: NC State coach Dave Doeren urges Steve Smith to pucker up
- Alaska's snow crabs suddenly vanished. Will history repeat itself as waters warm?
- Buckingham Palace staff under investigation for 'bar brawl'
- These Revelations from Matthew Perry's Memoir Provided a Look Inside His Private Struggle
- Crews battle brush fires in Southern California sparked by winds, red flag warnings issued
- Alice McDermott's 'Absolution' transports her signature characters to Vietnam
Recommendation
Sam Taylor
Federal judge reimposes limited gag order in Donald Trump’s 2020 election interference case
'You talkin' to me?' How Scorsese's 'Killers of the Flower Moon' gets in your head
Crews battle brush fires in Southern California sparked by winds, red flag warnings issued
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Hurricane Otis kills at least 27 people in Mexico, authorities say
National First Responders Day deals, discounts at Lowe's, Firehouse Subs, Hooters and more
More than 70 people are missing after the latest deadly boat accident in Nigeria’s north