News in Brief

New Coins for the Cayman Islands

Following the passing of Queen Elizabeth II, the currency of the Cayman Islands is set to be phased out and replaced with banknotes and coins featuring the effigy of King Charles III. The Cayman Islands Monetary Authority (CIMA) is currently in the process of redesigning the territory’s banknotes and is seeking public input on new themes intended for use on the updated notes.

The CIMA has confirmed that the coin designs will remain the same, with the only exception being that the portrait of the new King will replace that of the late Queen on the obverse.

TRM Pride Commemorative Coin Award Finalist

Launched last year to celebrate 50 Years of Britain’s LGBTQ+ community and of Pride UK, The Royal Mint’s commemorative 50p coin has now been selected as a finalist in the 2023 Brand & Lifestyle Licensing Awards, in the Inspired Innovation Brand Licensed Product or Range Award category.