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Royal Mail's swap out scheme is open for exchanging first and second class stamps with the Queen's profile for new barcoded versions. Definitive stamps featuring the Queen will be scrapped by January 31, 2023. After this date, only barcoded stamps with the Queen's profile or non-barcoded Christmas and special collection stamps can be used. Letters sent with non-barcoded stamps after January 31, 2023 may face an insufficient postage surcharge. It is unclear how much the surcharge will be, but according to the Royal Mail website, a letter or large letter may incur a £2 fee for no postage. To prevent stamps from becoming worthless, individuals can exchange them through the swap out scheme.