The reverse of the coin depicts, within a beaded border, the full port view of a three-masted sailing ship, with bowsprit, full rigging and bellowing sails (a representation of the Golden Hind of Sir Francis Drake), upon waves the lower outline of which is curved and concentric with the edge of the coin. Above the fore- and after-masts flutter the flags of St Andrew; above the main mast is a pennant incorporating the cross of St George.

Around above, the denomination HALF PENNY; below, the date 1952.

In the field, to the right of the stern, the designer’s initials HP (for [Thomas] Humphrey Paget).
(onlinecoin.club)