Representation of Europe as a vessel sailing under the twelve stars of the Union. On the left side the year of issue, on the right the monogram `RI`, in the lower center the name of the author.
Obverse script
Latin
Obverse lettering
2003 RI
E.L. FRAPICCINI (Translation: Italian Republic)
Reverse description
Particular from the painting `The Three ages of Woman` by Gustav Klimt divides below the value at left and mintmark at right.
Reverse script
Latin
Reverse lettering
EUROPA DELLE ARTI
G. KLIMT
50 R
EURO (Translation: Europe of Arts)