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Royal Mint launches brand new King Charles 5p coins into circulation
- The Royal Mint announced 23.2 million King Charles III 5p coins entering circulation across the UK soon.
- The Royal Mint said the release responds to increased demand for the 5p denomination and described this as the first design change for one of the smallest coins following the portrait introduction on UK coinage.
- The coins' reverse shows an oak leaf, a design chosen to highlight biodiversity and the King's conservation focus, with the Post Office allocating special quantities to branches with 'oak' in their name or near famous oaks.
- Collectors and the wider public may find the new King Charles coins in change, with the Mint saying they represent around 0.2% of the 24.605 billion coins in circulation.
- This release is the third denomination to feature King Charles III, with coins distributed via post offices and bank branches nationwide, representing around 0.2% of circulation.
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New coin featuring King Charles's portrait released today as 23 million to be distributed
The 5p coin will now feature King Charles’s image for the first time since his accession.The Royal Mint has begun distributing 23.2 million new five pence pieces bearing the monarch’s official portrait.The historic release represents the inaugural appearance of the King's effigy on the 5p coin.Post offices and banking institutions throughout the country will handle the distribution of these coins, which were produced in October 2023 to meet grow…
·London, United Kingdom
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Total News Sources73
Leaning Left4Leaning Right2Center50Last UpdatedBias Distribution89% Center
Bias Distribution
- 89% of the sources are Center
89% Center
C 89%
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