This coin is circulated condition; I would grade it a VF20.
The obverse shows Queen Elizabeth the 2nd from the shoulders up and facing right, wearing a fairly dainty looking crown. The legend reads (starting at 8:00): “Regina Elizabeth * II * Dei * Gratia”.
The reverse shows the Coat of Arms of Bermuda (without any of the heraldic colors, of course). A lion (symbol of England) is holding a shield emblazoned with a ship wrecking against an aft shore. The shipwreck shown is a historic one – it was the Sea Venture, the flagship of the Virginia Company. The ship carried the first settlers to the island when it was deliberately driven on to the reefs of Bermuda by Admiral Sir George Somers in 1609, to prevent it from foundering in a storm. All aboard survived, and the majority stayed to build the new settlement. The Latin motto under the coat of arms reads “Quo Fata Ferunt” (it means “Whither the Fates Carry [Us]”). The denomination is written from 8:00 to 4:00, it reads “One Bermuda Crown”. The date is split on either side of the coat of arms.
Identification code: Bermuda KM-14 (this pattern was only minted for one year, in 1964)
Mint Mark: n/a (minted in the US by the Franklin Mint)
Country of origin: United States
Composition: 50% Silver (0.3636 oz ASW)
Size: 36 mm
Estimated Value: $16-20 with silver around $30/oz