Depicts a vessel sailing floating under the twelve stars of the European Union, representing Europe. The issue year on the left, the monogram of the Italian Republic (RI) on the right, and the engraver's name below.

Depicts the Tower of Belém in Lisbon; on the right, the coin's value; at the bottom the architectural style of the tower, “GOTICO MANUELINO” and the mintmark “R”; around “Europe of Arts”.

Belém Tower, officially the Tower of Saint Vincent is a 16th-century fortification located in Lisbon that served as a point of embarkation and disembarkation for Portuguese explorers and as a ceremonial gateway to Lisbon. It was built during the height of the Portuguese Renaissance, and is a prominent example of the Portuguese Manueline style, but it also incorporates hints of other architectural styles.

The Manueline, occasionally known as Portuguese late Gothic, is the sumptuous, composite Portuguese architectural style originating in the 16th century, during the Portuguese Renaissance and Age of Discoveries. Manueline architecture incorporates maritime elements and representations of the discoveries brought from the voyages of Vasco da Gama and Pedro Álvares Cabral. This innovative style synthesizes aspects of Late Gothic Flamboyant architecture with original motifs and influences of the Plateresque, Mudéjar, Italian, and Flemish architecture. It marks the transition from Late Gothic to Renaissance. The construction of churches and monasteries in Manueline was largely financed by proceeds of the lucrative spice trade with Africa and India.