King Charles III is expected to replace Queen Elizabeth II's likeness on British currency following her death on Thursday. The Bank of England will likely recall and replace pound notes and coins ...

With 4.7 billion U.K. banknotes worth 82 billion pounds ($95 billion) in circulation and about 29 billion coins, British money bearing the queen’s image will likely be in circulation for years.

Today, March 28, the Royal Mint will release 300 million new £1 coins. The new coins are 12-sided, slightly thinner than old pound coins, and are bimetallic like the £2 coin.

Banknotes with the King’s portrait went into circulation in June, marking the first time that the sovereign has been changed on the Bank of England’s notes.

The Royal Mint introduced a new 12-sided pound coin in February and the deadline for the phasing out of the old coins is midnight on October 15, which is next Sunday.

Britain's Bank of England Governor Mark Carney holds the new 10-pound note featuring Jane Austen, at Winchester Cathedral, in Winchester, Britain, on Tue. July 18, 2017.

Anyway, despite the fact that we'll have until October 15th of this year to spend all our old pound coins, isn't this as good a time as any to comb through all the quids you might have lying ...

The change to polymer began in 2016, and after Sept. 30, people will not be able to use paper 20 and 50 pound notes to pay for things but will be able to exchange them at some banks or the Bank of ...