
Seventy Years
With the passing of Queen Elizabeth II the coin collecting hobby will once again witness a change spanning the globe. From the United Kingdom to Canada, Australia to New Zealand. In total, 33 different currency will no longer bear an effigy of a beloved Queen. Both the Bank of England and the Royal Mint have put out statements that current currencies shall remain legal tender, pending a final announcement following the 10 day mourning period. The timing of a change in monarch is without doubt proving challenging. In that, with three months remaining of 2022, the process to implement these mandatory changes to notes, coin and stamps is surely to put tremendous strain on the printing and coining facilities once approved by Royal commission and decree. Most likely these changes will occur in March or April of 2023. So the subject of the week is the process by which currency is redesigned through a Monarch change as occurred with Her Majesty, Queen Elizabeth II. Enjoy!