This is a commemorative issue, which owes its existence to Mr. J. Wilfrid du Pre of the Societe Jersiaise. The coins were first minted in 1949 and commemorate the Liberation of the Island from the German Occupation of the 8th of May 1945. They were released into circulation on the 8th of May 1949. This issue was minted in 1949, 1950, and 1952.
When India became independent in 1947, the King gave up his title of Emperor of India (IND IMP) and this title was removed from coins.Also, on this coin, the title of the island is "Island of Jersey". This photograph was taken at an angle and appears to be mis-shapen