ELIZABETH II DEI GRA REG FID DEF around the effigy of the Queen dressed in the coronation ornate, sitting on the St. Edwards chair
Description reverse
ANNIVERSARY OF THE GOLD SOVEREIGN 1489-1989 around a crowned royal coat-of-arms before the so-called Tudor Rose (a combination of two roses, a white and a red one which stand for the House of Lancaster and York)
Reference
United Kingdom. 1/2 Sovereign - Half Sovereign (Gold) 1989, The Royal Mint. CoCo GB-1989-0004.