The Oscar winner has picked up the role as the royal from actress Claire Foy, who portrayed The Queen in seasons one and two of the Netflix hit.
In the new trailer, which dropped on Friday, September 20, Colman, as Elizabeth, assesses a new stamp featuring her side profile.
Imitating The Queen's distinctive voice, Olivia, who played batty Queen Anne in "The Favourite", jokes she's become "an old bat" as aides persuade her the new image reflects "Her Majesty’s transition from young woman to... settled sovereign".
Colman adds, "A great many changes. Nothing one can do about it. One just has to get on with it".
It debuts on Netflix on 17 November.