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Buy Silver Two Pound (£2) Charles III (2022-present) The Royal Mint 2026 Britannias Coins

Born in 1948, King Charles III is the eldest son of the late Queen Elizabeth II who passed away peacefully on 8 September 2022. Charles is the oldest person to ascend the British throne and was the longest serving heir apparent. As Prince of Wales he was patron to more than 400 charities and organisations. His other interests include climate change, heritage conservation, the arts and sustainable farming. King Charles' first coinage portrait was unveiled on 29 September by The Royal Mint. It's the work of British sculptor Martin Jennings and shows Charles facing left, the opposite direction to his mother. We'll see Jennings' portrait of King Charles on coins in our change from late 2022 onwards, circulating alongside older coins, struck during the reign of Queen Elizabeth.

Discover the 2026 Britannia range from The Royal Mint, including bullion and proof issues in gold, silver and platinum. This flagship collection from the UK's national mint features low-mintage collectors' releases with a one-off design by Emily Damstra.

Two Pound (£2) Info

King Charles III is the current King of the United Kingdom and the Commonwealth realms.

Born in 1948, he is the eldest son of the late Queen Elizabeth II and her husband, Prince Philip, Duke of Edinburgh. Charles was first in line to the British throne from the day his mother became Queen in 1952. He was created Prince of Wales in 1958 and invested in 1969 at Caernarfon Castle. Charles was the longest-serving heir apparent and became the oldest person to ascend the British throne, following Elizabeth II's passing on 8 September 2022.

As Prince of Wales, Charles undertook official duties on behalf of the Queen and acted as the patron of more than 400 charities and organisations. His own charity, The Prince's Trust, supports vulnerable young people. His other interests include climate change, heritage conservation, the arts and sustainable farming. King Charles is also known for his marriage to and subsequent divorce from Princess Diana with whom he had two children: Prince William and Prince Harry. In 2005, Charles married his long-time partner, Camilla Parker Bowles, who is now Queen Consort.

During his time as Prince of Wales, Charles III featured on several Royal Mint commemorative coins, all of which featured Queen Elizabeth II on the obverse. Read more about Prince Charles coins on our blog: Portraits of Charles, Prince of Wales on British Coinage.

Martin Jennings' Portrait Of Charles III

The first definitive coin portrait of King Charles III was unveiled in late September 2022, just a few weeks after he acceded to the throne. Reportedly, the effigy had been in the works for months and was chosen via a closed competition, held by the Royal Mint Advisory Committee.

The artist behind the new royal portrait is Martin Jennings, known for his bronze sculptures of British literary figures like Charles Dickens, Philip Larkin and John Betjeman. Jennings' design was created from photographs, modelled in plaster then digitally reduced to the tiny size necessary for coinage. The profile was then personally approved by the King. Speaking of the commission, Jennings said:

'I was delighted to hear that The King likes the image. He was very interested in it and responded very positively to it. It has been very gratifying to be involved in this important process.'

As expected, Jennings' royal portrait shows Charles facing left, the opposite direction to his mother who looks right on her coins. The tradition for British monarchs to face a different direction to their predecessor dates back to the seventeenth century.

Collectible Royal Mint Charles III Coins

King Charles' coinage portrait will first be used on a range of memorial coins, celebrating the life and legacy of his mother, Queen Elizabeth II who passed away on 8 September 2022.

The collection includes three new coins:

  1. A collectible 50p, with a historic reverse, inspired by the 1953 Crown, issued to mark Elizabeth II's coronation
  2. A £5 Crown, designed by John Bergdahl, showing a pair of portraits of Elizabeth II at the start and end of her reign
  3. Ounce coins, featuring a right-facing portrait of the late Queen within a wreath of laurels and national flowers, also by Bergdahl

These new commemorative designs are available across an extensive range of BU, silver, gold and platinum coins, all of which bear Martin Jennings' portrait of the King to the obverse. They're a perfect way to remember this moment of royal transition.

Read more about the Elizabeth II memorial collection on our blog: First UK Coins With Charles III Portrait: Elizabeth II Memorial Range.

King Charles' First Official Coinage

That commemorative 50p, due to be issued in late 2022, will likely be among the first of King Charles' coins to enter circulation. The Royal Mint has announced that this coin will soon join the roster of special, collectible coins we can find in our change.

Regular, definitive issue coins will follow in due course.

These new Charles III coins will circulate in the UK alongside older ones bearing Queen Elizabeth II's portrait which will remain legal tender. Before the UK decimalised its currency, it was typical for the coinage of multiple British monarchs to circulate along side each other, plus, since there are supposedly 29 billion coins in circulation in the UK, the idea of changing them out is entirely impractical.

We're looking forward to seeing what new coinage designs - both circulating and commemorative - are released in the first year of King Charles' reign. We're banking on a coronation range sometime in 2023 but there's sure to be plenty more in the pipeline as we enter this new period of British royal history.

Frequently Asked Questions

The 2026 Britannia series is The Royal Mint's flagship bullion and proof coin range, inspired by the iconic figure of Britannia. This collection includes investment pieces and commemorative editions, which display a one-off design by American coin designer Emily S Damstra.

The design used on 2026 proof Britannias was created by American coin designer Emily Damstra, who has previously worked for the United States Mint and the Royal Canadian Mint. Her interpretation of Britannia stands in front of a raging sea with a lighthouse behind.

The design of 2026 proof Britannias symbolises resilience and stability amid a turbulent world, with Britannia holding a trident and shield, standing strong in the face of a strong sea wind while waves crash in the background against the cliffs below a solitary lighthouse.

The 2026 proof Britannia includes the inscription 'MAJESTY, JUSTICE AND PEACE', taken from an address by British Prime Minister Sir Winston Churchill, given to the United States Congress in December 1941, shortly after the Japanese attack on Pearl Harbour.

The phrase 'Majesty, Justice and Peace' are taken from an address given by Sir Winston Churchill to the US Congress in December 1941, shortly after the Japanese attacks on Pearl Harbour. These words feature on 2026 proof Britannias from the UK's The Royal Mint.

Yes, Britannia coins are UK legal tender, which means they are exempt from Capital Gains Tax for UK residents. The face value of individual Britannias depends on the type of coin, with 1oz gold coins denominated at £100 and silver one-ounce pieces nominally valued at £2.

Bullion 2026 Britannias are primarily investment coins, valued for their precious metal content and CGT-exempt status for UK residents. Proof Britannias are limited-edition collectable coins, struck with a premium finish and changing annual designs by leading coin artists.

Yes, proof Britannia coins are issued in limited numbers, with some 2026 editions produced with mintages notably lower than previous years. Bullion Britannias are not generally subject to mintage limits; production is dictated by investor demand, and figures are released later.

2026 bullion Britannias from The Royal Mint feature Philip Nathan's classic 'standing Britannia' design showing the classically dressed figure of Britannia with a trident and shield. A portrait of King Charles III by Martin Jennings is shown on the obverse of these coins.

Britannia coins are widely recognised bullion products known for liquidity, tax efficiency for UK investors and strong long-term demand. The range of different sizes and metals offers options for different budgets, while proof editions attract a collector's premium on the secondary market.

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