Ever since the death of Queen Elizabeth II in 2022, the question has been raised about if once her son Charles III’s portrait began to appear on coins and bank notes would currency with her portrait remain as legal tender?
The answer is “yes,” however this is not always true regarding coinage on which a nation’s leader is concerned. Politics plays a role in who gets to appear on coins and bank notes, who doesn’t get to appear, and whose money may be demonetized quickly following that leader’s demise.
Coins on which such leaders such as Alexander III “the Great” of Macedon not only remained as legal tender long after the Macedonian ruler died, but in the case of Alexander coins on which