First portrait of HM Queen Elizabeth II (laureate bust) facing right, wearing a wreath. It was introduced in 1953, one year after the Queen acceded to the throne. It captures the grace and youth of the 26-year-old new Queen. Her hair is restrained by a laureate crown which is tied with ribbons at the back of her head. The Queen's shoulders are bare and the truncation follows the curve of the coin. The engravers initials M.G. are incuse, generally faint, and are located on the raised edge found at the base of the bust.

ELIZABETH II DEI GRATIA REGINA FIDEI DEFENSATRIX means Elizabeth II, by the grace of God, Queen and Defender of the Faith.

Engraver: Mary Gillick

Depicts St. George on horseback holding short sword, the horse rearing to right over a fallen dragon which has a broken lance in its chest; in exergue, the date and the artist's initials B.P.

Saint George (between 275–281 AD to 23 April 303), according to legend, was a Roman soldier of Greek origin and officer in the Guard of Roman emperor Diocletian, who was sentenced to death for failing to recant his Christian faith.

According to the legend, the narrative episode of Saint George and the Dragon took place somewhere he called "Silene", in Libya. The town had a small lake with a plague-bearing dragon living in it and poisoning the countryside. To appease the dragon, the people of Silene fed it two sheep every day. When they ran out of sheep they started feeding it their children, chosen by lottery. One time the lot fell on the king's daughter. The king, in his grief, told the people they could have all his gold and silver and half of his kingdom if his daughter were spared; the people refused. The daughter was sent out to the lake, dressed as a bride, to be fed to the dragon.

Saint George by chance rode past the lake. The princess tried to send him away, but he vowed to remain. The dragon emerged from the lake while they were conversing. Saint George made the Sign of the Cross and charged it on horseback, seriously wounding it with his lance. He then called to the princess to throw him her girdle, and he put it around the dragon's neck. When she did so, the dragon followed the girl like a meek beast on a leash.

The princess and Saint George led the dragon back to the city of Silene, where it terrified the populace. Saint George offered to kill the dragon if they consented to become Christians and be baptised. Fifteen thousand men including the king of Silene converted to Christianity. George then killed the dragon, and the body was carted out of the city on four ox-carts. The king built a church to the Blessed Virgin Mary and Saint George on the site where the dragon died and a spring flowed from its altar with water that cured all disease.

Engraver: Benedetto Pistrucci