50 Pence - Charles III Red Arrows

The Red Arrows, formally 11 Squadron RAF, have flown as the national aerobatic team since 1965. This issue marks their diamond anniversary — sixty years of continuous operation, an unusually long run for what began as a cost-consolidation measure folding several display teams into one. The Treasury authorised a circulating commemorative rather than a collector-only release, meaning these are entering general circulation in standard Royal Mint production runs.