Speaking in the Scottish Borders, the 89-year-old monarch said the title was “not one to which I have ever aspired”.
The Queen will have reigned for 63 years and seven months – calculated at 23,226 days, 16 hours and approximately 30 minutes at about 17:30 BST.
David Cameron said the service she had given was “truly humbling”.
Dressed in turquoise with her trusty black handbag at her side, the Queen spoke briefly to the gathered crowds on the day she passes the record set by her great-great-grandmother Queen Victoria.
She said: “Inevitably a long life can pass by many milestones – my own is no exception – but I thank you all and the many others at home and overseas for your touching messages of great kindness.”
In the day’s main events:
- The Queen and Prince Philip travelled by steam train from Edinburgh to Tweedbank, where she formally opened the new £294 Scottish Borders Railway
- They were accompanied by Scotland’s First Minister Nicola Sturgeon, who praised the Queen’s “dedication, wisdom and exemplary sense of public service”
- In London, a flotilla of historic vessels, leisure cruisers and passenger boats took part in a procession along the Thames and HMS Belfast sounded a four-gun salute
The exact moment the Queen becomes the longest-reigning sovereign is not known because her father, George VI, passed away in the early hours of 6 February 1952.
Her Majesty’s Milestone
- Tributes to longest-serving monarch
- What other records has the Queen broken?
- Rarely seen pictures of the young Queen
- 63 memories for 63 years on the throne
- World leaders the Queen has outlasted
Business in the Commons was postponed for half an hour so that MPs, led by Mr Cameron, could pay tribute to the Queen.
The prime minster said she had been a “rock of stability” in an era when so much had changed, and her reign had been the “golden thread running through three post-war generations”.
He said it was “typical of Queen’s selfless sense of service” that she thinks today should be a normal day.
Acting Labour leader Harriet Harman said it was “no exaggeration” to say the Queen was “admired by billions of people all around the world”.
Ministers are to present the Queen with a bound copy of cabinet papers from the meeting in 1952 when Sir Winston Churchill’s government approved the content of her first Queen’s Speech.
There have been glowing tributes and much talk about the significance of this moment. No such words were uttered by the subject of all the attention.
She undertook a run-of-the-mill engagement on a far from run-of-the-mill day. And in her brief remarks – her lengthy reign hasn’t lessened her aversion to making speeches – she displayed some classic British understatement.
Overtaking her great-great-grandmother wasn’t something she’d ever aspired to, she said. She was simply the beneficiary of a long life.
In Scotland – and indeed in other parts of the United Kingdom- that life and her reign has been celebrated very publicly.
Privately, later, the Queen will mark the moment she enters the record books. Prince Philip will be with her – her husband of 67 years has been the one constant in a reign of sometimes dizzying change.
Buckingham Palace has released two official photographs to mark the occasion, taken by Mary McCartney in the Queen’s private audience room.
This is where she holds weekly audiences with prime ministers of the day, and receives visiting heads of state and government.
The Queen is taking her traditional summer break at this time of year at her private Scottish home, Balmoral.
Queens of the modern age
Victoria’s record
- Victoria became queen at 18, while Elizabeth was 25
- Elizabeth II rides in the same coach as Victoria did for the annual State Opening of Parliament
- Both queens were shot at by a lone gunman while out riding near Buckingham Palace
- Elizabeth loves the private royal estate at Balmoral, which was bought by Victoria
- Victoria ruled over an empire of 400 million people. Elizabeth is head of state for 138 million people
Queen Victoria became queen at the age of 18 and ruled for 63 years, seven months and two days.
Queen Elizabeth’s reign has included 12 prime ministers, two more than served under Victoria.
One of those prime ministers, Conservative Sir John Major, rejected any suggestion the Queen had been too passive as head of state: “The monarchy wouldn’t be as popular if they were part of politics – they’re above and beyond it.
“But when the Queen meets her prime minister she has the opportunity to question, to ask, to counsel. Nobody knows and no prime minister is going to tell you exactly what happens at those meetings. So those who say she’s been too passive, how can they possibly know?”
‘Genuinely exceptional’
The Queen is Head of the Commonwealth and sovereign of 15 Commonwealth realms in addition to the UK, and the organisation’s Secretary-General, Kamalesh Sharma, sent his congratulations.
“As a symbol of continuity during decades of unprecedented change, and by drawing our people together in their rich diversity, Her Majesty has embodied all that is best in the Commonwealth,” he said.
“With vision and dedication her example has encouraged successive generations of leaders and citizens to embrace the promise of the future.”
Anti-monarchist group Republic said the Queen’s long reign was a reason for reform not celebration.
Chief executive Graham Smith said: “It is now time for the country to look to the future and to choose a successor through free and fair elections, someone who can genuinely represent the nation.”