Suara.com – Many Australians have probably never seen another image on a note or coin, other than the face of Queen Elizabeth II.
For decades this image has served as a reminder that Australia is part of the British Empire with the head of state being the Queen.
Now that the new king Charles III has succeeded Queen Elizabeth, what will happen to the notes and coins?
Why is there a picture of the Queen on the money?
It has been a tradition for centuries, images of Queens, Kings or Emperors are on banknotes or coins.
Queen Elizabeth Was Impressed by the Warmth of Indonesians
But the image of Queen Elizabeth II has become a symbol on currency the longest of any figure in the world.
Images of the Queen decorate coins in 35 countries including the UK, Canada, Australia, New Zealand and other Commonwealth countries.
His face has also appeared on banknotes, including the Australian $5 note and once on the Australian $1 note.
Queen Elizabeth’s father, King George VI appears on all Australian banknotes and coins which in his time were called the ‘pound’, ‘shilling’ and ‘pence’.
A few months after King George’s death in 1952, the Royal Mint, the agency responsible for issuing the money, conducted a competition to design Queen Elizabeth’s face to be immortalized on banknotes or coins to be worn in Britain and other countries, including Australia.
List of heirs to the British throne after the death of Queen Elizabeth II, who will succeed King Charles III later?
17 artists were selected to submit their proposals.
Two of them were invited to meet the Queen to make designs.
They were Mary Gillick who was then 71 years old, and Cecil Thomas, 67 years old.
In the end, Mary’s chosen design was deemed more “refreshing” with the Queen wearing a wreath instead of a crown.
The coins were used the following year, while coins bearing the image of King George VI were slowly withdrawn from circulation.
How often does the Queen’s image design change?
The Queen’s face was corrected in 1966 on Australian money, when the system changed to the decimal system, no longer using the terms ‘shilling’ and ‘pence’. Then it was repaired again in 1985 and 1998 in accordance with the development of the Queen’s age.
The last change made was in 2019.
Each time there is a change, each artist involved will add a different image of the crown, new jewelry and also additional wrinkles on the Queen’s face as she ages.
Arnold Machin’s design in 1966.
Raphael Maklouf’s design in 1985.
Ian Rank-Broadley’s 1998 design.
Jody Clark’s designs in 2019.
What will happen now?
New coins must now be made with the image of King Charles III.
But there will be a slight change where his face will face to the left.
This has been a longstanding tradition since the reign of King Charles II in the 1600s, which ordered that the images of the new king or new queen should be changed alternately from different directions.
There will likely be more competition in Australia to determine who will design the new coin, but the Royal Australian Mint and the Perth Mint, which is responsible for its creation in Australia, will await an opinion from Buckingham Palace.
How about the $5 bill?
The Australian Central Bank (RBA) said it was traditional for the image of a king or queen to appear on Australia’s lowest-valued banknote, which is currently $5.
But actually not entirely true, the image of King George VI appeared on all Australian banknotes during the king’s reign.
“This is what we expect will continue if there is a change in the monarchy,” an RBA spokesman said.
Even if there is a change of banknotes bearing the image of King Charles III, this will not make the previous banknotes worthless.
“All Australian banknotes issued since 1913 retain their value. So the $5 note is currently in circulation but can be used even if there are new notes later due to the change of monarchy,” the RBA spokesman said.
This article was produced by Sastra Wijaya of ABC News