Coin collectors and enthusiasts alike will have to wait a few years before they see King Charles lll on their legal tender coins.
In the new design, the King faces left - keeping with conventions that each new sovereign changes directions.
The Reserve Bank expects the 10 cent coin to be minted in 2025 - with the others following in 2027.
Director of Money and Cash Ian Woolford told Heather du Plessis-Allan they still have a lot of coins with the Queen's effigy on hand.
“Also it’ll be a couple of years before we do a new order, and it doesn’t make sense to destroy good coins.”
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.