Banknote Blog

Collector's Reference · July 2026 · 9 min read Why Queen Elizabeth II Banknotes Are Disappearing — and Why Collectors Are Paying Attention Her portrait appeared on more currency than any person in history. Since 2022, that entire body of money has been in slow, permanent retreat — country by country, denomination by denomination. Here is what is actually being withdrawn, what is being replaced, and what it means for the notes in collections today. Quick answer: Queen …