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No. There is no precedent. When Elizabeth became queen, banknotes did not picture the monarch, and continued to be printed with the same design. Over the next
by Symbiote 4y ago
No. There is no precedent. When Elizabeth became queen, banknotes did not picture the monarch, and continued to be printed with the same design.
Over the next 70 years, the designs were changed to include Elizabeth -- although only in 1981 for the £50 note.
> come replenishment time it will automatically be replaced with a new Charles III note
Yes, almost certainly.
> no more Elizabeth II/Turing £50s (with the possible exception of uncirculated stock) will enter service
No, it's not a given that more notes of Series G won't be printed. Changing banknotes is much more disruptive than changing one side of the coins, and there will not yet have been enough £50 notes printed to keep good-quality notes in circulation for 10-20 years.
My guess is the BoE will continue to print the existing £50 for at least 5 more years, probably 10, and possibly 20 more years (given the high denomination). We might see a £5 note with Charles in 2025-2027 or so.