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Queen Elizabeth’s final Aussie coin effigy released

Before King Charles III appears on our coins, a final memorial to Queen Elizabeth has been released.

Eliza Bavin
·Personal Finance Editor
·2-min read
A composite image of Queen Elizabeth and the final memorial coin effigy.
The final coin design featuring Queen Elizabeth have been released. (Source: Royal Australian Mint/Getty) (Royal Australian Mint/Getty)

The Royal Australian Mint has released a brand new design of the effigy of the late Queen Elizabeth II to be used on some Aussie coins before the official switch to King Charles III.

The Queen Elizabeth II Memorial Obverse will be used on all investment and collectable coins as of January 1, 2023.

Since her coronation in 1953, six effigies of the Queen have appeared on Australian coins. Featuring British engraver Jody Clark’s portrait of Queen Elizabeth II, the Memorial Obverse has one notable addition – the Queen’s years of reign – it reads: “Elizabeth II 1952-2022”.

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The Royal Australian Mint said developing an interim obverse would allow it to continue producing collectable and investment coins until the transition to an effigy of King Charles III.

Existing Australian legal tender coins bearing the Queen’s effigy will remain in circulation and remain legal tender forever.

When will King Charles appear on Aussie coins?

In the coming months, the Australian Government will announce details of the transition to an effigy of King Charles III for all Australian legal tender circulating, collectable and investment coins.

Assistant Minister for Competition, Charities and Treasury Andrew Leigh said the final series of collectable coins would serve as a lasting tribute to Queen Elizabeth II.

“We expect to be able to announce the design of the first King Charles III coins early in 2023, with coins featuring this effigy to be released late in 2023,” Leigh said.

“We are in a period of transition between the effigy of Her Majesty Queen Elizabeth II and the effigy of His Majesty King Charles III. During this period, the Mint will use the Memorial Obverse to continue producing collectable and investment coins,” Royal Australian Mint CEO Leigh Gordon said.

“Our fundamental obligation is to ensure that circulating coins are available for all Australians. Until circulating coins with the effigy of King Charles III have been produced, the Mint will continue to service the demand for coins using the standard 2022 Queen Elizabeth obverse.”

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