This coin shows "The School of Athens", one of the most famous paintings by the Italian Renaissance artist Raphael. It was painted between 1510 and 1511 as a part of Raphael's commission to decorate with frescoes the rooms now known as the Stanze di Raffaello, in the Apostolic Palace in the Vatican. The Stanza della Segnatura was the first of the rooms to be decorated, and The School of Athens the second painting to be finished there, after La Disputà, on the opposite wall. The picture has long been seen as "Raphael's masterpiece and the perfect embodiment of the classical spirit of the High Renaissance.".
The reverse depicts Queen Elizabeth II profile.