Money And Stamps

[barney15c]

Would the Royal Mail and the Post office already have prepared notes and stamps in the image of Prince Charles, in readyness of the Queens passing.

[jno]

they've almost certainly prepared designs but I'd be amazed if they'd printed any - imagine the hooha if any of them had got into the outside world

[William51]

Yes, they would have contingency plans and may have plans to issue coins and stamps for Charles this year.

[ToraToraTora]

Yes but it's not that urgent, anything already issued is still valid. Charles will be on the next run.

[jno]

official statement

https://www.chroniclelive.co.uk/news/uk-news/bank-england-issues-money-statement-24971281

They almost make it sound as if there is some sort of rush. Hooey. I used to spend Queen Victoria pennies on wine gums.

[Gromit]

Yep.
Coinage will take years to be replaced.
Notes will already be designed in the current template.
But might need amending. They will be dribbled in over the next few years.
I reckon we will see the first King Charles money on £10 notes and £1 and £2 coins.
Stamps will see a more rapid deployment. 1st and 2nd class available for the Christmas post.

[jno]

they're redoing the stamps already for the barcodes. I don't know how far into the project they are, I haven't got my new ones back

[Gromit]

Because of counterfeiting measures, notes are very complex and expensive to print. So natural wastage will come into play. The £10 note is the most used, so that will see the first replacement notes.

Stamps are easy and cheap to print, and the decision to scrap a load of already printed items and replace them with new Charles III ones is easy.

[Canary42]

They've been running out plastic notes (£20 & £50) ready for the phasing out of the paper ones by the end of the month, so they will possibly have an enormous stock with Elizabeth on them. As the plastic ones have a much longer life (including £10s and £5s of course), their "natural" disappearance from circulation will no doubt take years longer than the paper ones did. So presumably we will have mixed notes for much longer than we did in 1952. Unless the plastic ones are withdrawn well before their natural decay - I don't know whether they can be recycled, being plastic.

[tomus42]

I was also thinking that the words to the national anthem will now change.

That will be strange singing 'king' and 'him'.

[youngmafbog]

Be like the old days when you got pennies with Victoria's head on them (as well as others)

Have to change all the Bobbies helmets I suppose.