Depicts the coat of arms of Guernsey surrounded by the inscription "Bailiwick Island of Guernsey".

The coat of arms of Guernsey is a shield with three lions (historically described as leopards) passant guardant surmounted by a small branch of leaves. It is very similar to the arms of Normandy, Jersey and England.

Depicts HMS Crescent, value above, date below.

HMS Crescent was a 36-gun Flora-Class frigate of the British Royal Navy. Launched in 1784, she spent the first years of her service on blockade duty in the English Channel where she single-handedly captured the French frigate, La Reunion. In 1795, Crescent was part of a squadron commanded by George Elphinstone, that forced the surrender of a Batavian Navy squadron at the capitulation of Saldanha Bay. After serving in the West Indies, Crescent returned to home waters and was wrecked off the coast of Jutland on 6 December 1808.

Initially commissioned under Captain William Young in May 1790, she was recommissioned in January 1793 under James Saumarez. Admiral James Saumarez, 1st Baron de Saumarez (or Sausmarez) (1757–1836) was an admiral of the British Royal Navy, notable for his victory at the Second Battle of Algeciras. He was born at St Peter Port, Guernsey to an old island family, the eldest son of Matthew de Sausmarez (1718-1778) and his second wife Carteret, daughter of James Le Marchant.

Engraver: Robert Elderton