Now, for the first time since 1953, the King’s effigy will appear on an Australian coin. Every decimal currency coin has featured Queen Elizabeth II. “For seven decades, Australians have seen a Queen on their coins. Quotes attributable to Assistant Minister for Employment, Competition, Charities and Treasury, Andrew Leigh: The first collector and investment coins bearing the King’s effigy are expected to be available for sale early next year.

The other denominations will be progressively released in 2024, based on bank demand. The coins will start appearing in banks and cash registers across the country before Christmas. The first coin to have the King’s effigy will be the $1 coin. The new effigy of His Majesty King Charles III is the official Commonwealth Effigy designed by The Royal Mint in London with Royal Approval. The Albanese Government is today releasing the effigy of His Majesty King Charles III which will soon start appearing on circulating coins produced by the Royal Australian Mint. KING CHARLES III TO SOON APPEAR ON AUSTRALIAN COINS ASSISTANT MINISTER FOR COMPETITION, CHARITIES AND TREASURY

Royal mint new coins king charles