THE TAXI DRIVER'S FLOAT: King Charles III pound coin enters circulation
- Perry Richardson
- Aug 20, 2024
- 2 min read
Taxi drivers, coin collectors and the public alike have reason to examine their change closely this week. The first £1 coin bearing the image of King Charles III has been released into circulation, marking a historic moment for British currency.
This new £1 coin, showcasing a design dedicated to British Bees, is part of a broader initiative by The Royal Mint. In total, 2.975 million coins have been distributed to Post Offices and banks across the UK, making them readily available to the public.
The British Bees design is one of eight newly introduced motifs that celebrate various species central to UK conservation efforts. These include the Hazel Dormouse, Puffin, and Atlantic Salmon, which will be featured on coins ranging from 1p to £2. The designs were unveiled in October 2023, reflecting King Charles III's deep interest in conservation and the natural world.
A distinctive element of these coins is the enlarged number indicating their value, aimed at helping children better understand money. Additionally, a unique pattern of three interlocking C's appears on each coin, a nod to the cypher of Charles II, blending historical reverence with a forward-looking focus on wildlife.
The Royal Mint began producing these coins shortly after their designs were announced. The Atlantic Salmon 50p was the first to enter circulation late last year, and now, the British Bees £1 coin follows, with more to come.
As these coins gradually filter into everyday transactions, they serve as both a tribute to Britain's rich history and a reminder of the importance of preserving its natural heritage.
Rebecca Morgan, Director of Commemorative Coin at The Royal Mint, said: “The Royal Mint has made the circulating coinage of each of Britain’s monarchs since Alfred the Great and it is an honour to reveal that King Charles III’s £1 coin is now in circulation. We know there’ll be a buzz of excitement amongst collectors and the public to get this special piece of history in their change. We hope the designs across all denominations spark important conversations about the conservation of these important species.”
