Australian Mint unveils effigy of King Charles III

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Australian Mint unveils effigy of King Charles III

The Royal Australian Mint in Canberra has unveiled the new effigy of King Charles III, which will be available for $2 coins before Christmas.

From 1953 to the present, every Australian coin has depicted Queen Elizabeth II, with the late monarch's coins still in circulation as legal currency.

From the end of the year, coins will bear the image of King Charles III, and will feature some slight differences.

As tradition has it, his Majesty will be facing the left - the opposite direction to his mother.

The effigy, which was designed in London and approved by Buckingham Palace, will also see the king without a crown.

This is in keeping with the original depiction of Queen Elizabeth II on Australian currency.

This year, the mint plans to issue 10 million King Charles III $1 coins to banks before introducing other coin denominations in 2024.

Leigh Gordon, the chief executive of the Royal Australian Mint, said: The Royal Australian Mint has said it has reopened its holdings at the bank.