Given the craze of all items with the Late Queen’s portrait now, I managed to purchase this 20 pound 2020 Banknote as a keepsake and tribute to HRH Elizabeth II. I am strictly a coin collector, but as I have traveled to the UK many, many times, I wanted this as a keepsake. I managed to get it at a reasonable price. It is in high grade uncirculated condition.
Nice note @Morgandude11 Here's mine, which I picked up at an exchange outlet about the time the pandemic hit. -Yes, absolutely. King Charles III's image will be on the next series of notes where we have seen QEII unless parliaments from Commonwealth nations insist otherwise (which is unlikely). It took 8 years for GB (& Jamaica) to put HM QEII image on their notes. Malta's transition was almost immediately but for Canada, it was 2 years. With today's technology it could be much sooner but it doesn't happen overnight.
New Zealand stating it might be 3 years before we see King Charles on coins. Notes seem to favor famous New Zealanders
-They never replace the image the same year a monarch passes on, so 2022 is OUT & the earliest could be 2023. Nick Logan, from the CBC, in his interesting article, predicts coins will get the first transition & banknotes later. I agree & suspect it will be 2024, or later, before we see the first $20 with King Charle's image. First, as Nick points out, they have to release the new vertical $5. Second, very few of the most recent $20 prefixes have been released/reported. For example, only half of the FYY & FYW prefixes have been released/reported. Most FZA-FZT prefixes are also only partially released suggesting large stockpiles of $20 sitting in vaults. Two new signature combinations have been seen in the other denominations & yet the $20 has dated signatures & prefixes that have only trickle out (super slowly). It is pretty unlikely that the BoC would choose to destroy the $20 just b/c they have QEII's image! That would be a colossal blunder & unsound decision environmentally on the behalf of the BoC (doubt that the king would approve).
Our NZ banks have stopped currency transactions and private currency dealers will not exchange old paper notes. So the day before the Queen died I took 400 paper $20 pounds to the airport to exchange for NZDollars. They were from a holiday in UK pre covid times. No point in keeping them for sale as they had writing on them. I still have my aUNC collection.
