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You are asking about a Two Shilling coin from South Africa (KM#50). The coin is 28.3mm in diameter, weighs 11.31 grams, and is 50% silver, giving it an ASW (Actual Silver Weight) of 0.1818 troy ounces. The front bears an image of Queen Elizabeth the Second and the words "Elizabeth II REGINA" (Latin for "Elizabeth the Second, Queen"). The back has a shield with the date above, the words "SOUTH AFRICA" to the right, "SUID-AFRIKA" (Afrikaans for "South Africa") to the left, and "2s" (for "Two Shillings" below. 5,866,000 were produced in 1954, the largest annual mintage (by quite a margin) during Elizabeth's reign, and another 3,150 were produced in Proof for collectors.
With silver at US$21.70 per troy ounce (as of October 1, 2010), the "melt value" of the coin is about $3.94.
According to the Standard Catalog of World Coins, the coin is valued at bullion value in circulated condition, US$7 in Uncirculated condition, and US$6.50 in Proof.
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