Obverse
The Ian Rank-Broadley portrait of Her Majesty the Queen with the legal tender value of each coin below the portrait, in use since 1998, as with all British coins, the obverse design changed to the "fourth portrait", showing a more mature likeness of The Queen.
Lettering: RED ' FID ' DEF ' 50 ' PENCE ' ELIZABETH ' II ' D ' G IRB
Reverse
Designed by Jody Clark, the 2014 proof version depicts Britannia standing with a tamed lion at her feet and a three-dimensional globe in the background.
Lettering: BRITANNIA 999.9 1/40 OZ FINE GOLD 2014 J.C