A five pound commemorative crown piece coin featuring the head of King Charles III held by an employee of the Royal Mint in London, UK, on Thursday, Sept. 29, 2022.

The first coin featuring King Charles III will be in public use by the end of the year.

The British sculptor who created the likeness of the king said it was the smallest work he had ever done.

In keeping with a tradition, King Charles is facing left on the coin.

Queen Elizabeth II wore five coins during her reign, but he is not wearing a crown.

An employee arranges a display of coins during the unveiling of the design of King Charles III's first coins by the Royal Mint in London, UK, on Thursday, Sept. 29, 2022.

From the beginning of next year, the same image will be used on all coins.

The new coin has a shortened version of the Latin phrase "King Charles III, by the Grace of God, Defenders of the Faith."

The existing 29 billion coins featuring the queen in circulation in the U.K., as well as in Commonwealth countries including Australia, New Zealand and Canada, will be phased out naturally and over time.

Coins with more than one monarch were once common.

A display of coins showing the five versions of Queen Elizabeth II's head used over her lifetime, and the new King Charles III's head on a new 50 pence coin

The Royal Mint is Britain's oldest company and has made coins featuring the monarch for over 1,100 years.

The Royal Mint continues to honor British craftsmanship passed down through the centuries.

The King's effigy will be faithfully replicated on millions of coins, thanks to a team of skilled modellers, tool-makers and engravers.

The Royal Mint will release a £5 Crown, a coin intended as a souvenir or collector item that is not generally accepted for use, featuring images of Queen Elizabeth II at the beginning and end of her 70 year reign.

The reverse of a five pound commemorative crown piece coin featuring two portraits of Queen Elizabeth II held by an employee of the Royal Mint.

The death of Queen Elizabeth II led to the ascension of King Charles.

She died of old age, according to the palace. She was over the age of 100.