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Charles III Coin Guide UK 2026

Britain's first new monarch in 70 years means an entirely new series of circulating coins. This guide covers every Charles III coin released so far — what they look like, how much they're worth, and which ones are worth holding onto.

Last updated: 22 April 2026

The first Charles III coin: 2022 Elizabeth II memorial 50p

Unveiled on 29 September 2022 — eleven days after the Queen's death — the memorial 50p was the first UK coin to carry Charles III's portrait. 5 million entered circulation for December 2022, with a further 5 million minted as brilliant-uncirculated presentation packs. Unlike a typical memorial issue, the coin uses the royal arms reverse (already in use on Elizabeth II 50ps since 2008) rather than a dedicated commemorative design.

Circulated examples trade at £2–£5. The sealed Royal Mint presentation pack in blue card is £8–£15. Silver-proof variants command £80–£120 at Royal Mint resale prices.

The 2023 "Coinage Portrait" definitives

Designer Jonathan Truss revealed a full set of eight definitive coin reverses in late 2023 to replace the Matthew Dent Royal Shield designs. Each coin carries a British native animal relating to conservation:

DenominationAnimalNotesTypical value
1pHazel DormouseSmall mammal of ancient woodland£1 – £3
2pRed SquirrelProtected UK native species£1 – £3
5pOak Leaf & AcornBritish oak motif£2 – £4
10pAtlantic SalmonScottish rivers & coastlines£2 – £4
20pPuffinColonies on UK coasts£3 – £6
50pAtlantic Salmon variantShared-reverse for continuity£4 – £8
£1BeesPollinator conservation£5 – £10
£2CapercaillieScottish Highlands bird£6 – £12

A full 8-coin Royal Mint Definitive BU set from the presentation pack currently retails at £45 new; collector resale prices are £30–£55 depending on packaging condition.

Charles III commemoratives so far

  • 2023 Coronation Crown (£5) — Limited mintage of ~200,000 across formats. BU copies £12–£20; silver proof £90+.
  • 2023 Royal Maundy set — Traditional silver 1p-4p set given at the King's first Maundy service. Typically £300–£600 at auction.
  • 2024 Paddington £5 — A continuation of the popular Paddington series. BU £12–£18.
  • 2024 Gruffalo & Gruffalo's Child 50p — Part of the ongoing Children's Literature series. BU £6–£12.
  • 2024 The Snowman £5 — Continues the Christmas-themed coinage. BU £15–£25.

How to identify a Charles III coin

  • Portrait direction: Charles faces left. Queen Elizabeth II faced right. The alternation between monarchs is a 350-year tradition dating to Charles II.
  • Inscription: "CHARLES III D G REX F D" surrounds the bust (previously "ELIZABETH II D G REG F D" for the Queen). The change from REG (queen) to REX (king) is the quickest way to confirm.
  • Bust: Uncrowned, facing left — sculpted by Martin Jennings.
  • Date: 2022 or later. Any earlier date is a pre-Charles coin.
Collector tip: the first year of a new monarch is historically the most-collected. Even circulated 2022 memorial 50ps and 2023 definitives are worth saving if you find them — their mintages won't be matched once the Mint settles into higher-volume production.

Featured Charles III coins on MyCoinage

Browse every Charles III coin →

FAQ

When did Charles III coins enter circulation?
The first Charles III circulating coin — the 50p marking the reign of Elizabeth II — was released in December 2022. Regular-design Charles III definitives (the Royal Mint's "Coinage Portrait" series) began replacing Elizabeth II coins in UK change gradually from late 2023 onwards.
Are Charles III coins rare?
Not yet — most designs are still being minted in large numbers. The exception is the 2022 Elizabeth II memorial 50p, which had a circulation mintage of 5 million but benefits from huge demand. Brilliant-uncirculated presentation-pack copies trade at £8–£15. Full sets of the 2023 "Coinage Portrait" definitives in BU grade sell for £30–£60.
How do I identify a Charles III coin?
Obverse (heads) shows Charles III facing left — the opposite direction to Queen Elizabeth II (who faced right). The bust, designed by Martin Jennings, is uncrowned and features the inscription "CHARLES III D G REX F D" around it. All Charles III coins to date carry the year 2022 or later.
Is the new £1 Charles III coin different from before?
Same 12-sided bimetallic format as the 2017 Elizabeth II £1, with identical weight (8.75g), diameter and security features. The only change is the portrait (Charles III, left-facing) and slight tweaks to the obverse inscription. The reverse uses the Royal Shield design.
Will Elizabeth II coins still be legal tender?
Yes. All Elizabeth II coins in circulation remain legal tender indefinitely. The Bank of England and Royal Mint confirmed on the King's accession that the two portraits will circulate side-by-side. This mirrors what happened in 1953 when pre-1952 George VI coins continued alongside new Elizabeth II issues.
Where can I see all Charles III coins in one place?
Browse our full Charles III catalogue on MyCoinage — every definitive, commemorative and special-edition coin with grade-by-grade prices, mintage figures and high-resolution images of both sides.