The first Gibraltar 50p to feature a portrait of King Charles III on the obverse.
The reverse design features a portrait of Her late Majesty Queen Elizabeth II looking right whilst a portrait of His Majesty King Charles III looks left.
The portraits are divided by the crown jewels, St Edward's coronation crown, the Sovereign's sceptre and Sovereign's orb – to represent the transition from one monarch to the next.
At the bottom of the design are sprigs of oak, inspired by the House of Windsor crest – which symbolise strength and longevity.
The inscription that surrounds the design reads, "IT IS MY SINCERE WISH THAT THE COMMONWEALTH WILL CONTINUE TO OFFER STABILITY AND CONTINUITY FOR FUTURE GENERATIONS".
Denomination: 50p