There are 29 billion coins in the U.K. featuring Queen Elizabeth II's portrait, but there won't be a quick transition to a new design, a coin specialist says.
Queen Elizabeth II's portrait features on each of the 29 billion coins currently in circulation in the U.K., as well as currencies of Commonwealth countries including Australia, New Zealand and Canada.
And now as the coins bearing the late queen's portrait are still legal tender, there's no real reason to try to remove them, he said. Ever since 1659 at the end of the Protectorate — a time when the U.K. head of state was the Lord Protector Oliver Cromwell rather than a king or queen — monarchs' portraits on coins have faced opposite directions with each new coronation.
The only break from tradition almost came from Edward VIII. His coins were to face the same way as his father's, to capture his more flattering side, but as he abdicated less than a year after he became king his coins were never issued. His brother and successor, George VI, opted to face the opposite way to his father, and so the tradition was restored.
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