itemprop=description content=The coin was designed by the Royal Mint in London with other coins to be released progressively next year.
The King will appear on 10 million one dollar coins in Australia with his effigy to be put in circulation before Christmas, the country’s government announced.
The assistant minister for treasury Andrew Leigh said: “For the first time since 1953 the King’s effigy will appear on an Australian coin.“Since 1953, every Australian coin has borne a Queen. That’s been true since decimal currency came into effect in 1966. So this really is a historic occasion.“As is traditional, the new effigy will switch direction. Queen Elizabeth II faced to the right. King Charles III will face to the left.
The 15.5 billion Australian dollars worth of coins featuring the late Queen will continue to be able to be used.
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