Obverse

The coat of arms of the Republic of Cyprus (a dove holding an olive twig, the independence year 1960, laurel twigs around).
Country name in English, Greek and Turkish.

Lettering:
CYPRUS · ΚΥΠΡΟΣ · KIBRIS
1960
· 1996 ·

Engraver:Antis Ioannides

Reverse

A composition based on a 4th century BC coin of the Cypriot Kingdom of Marion depicting the abduction of Europe by Zeus transfigurated into a bull.
"King Timocharis" written in Cypriot syllabary (characters not supported here).

Lettering:50

Translation:
King (pasi)
Timocharis (timokariwose)
50

Engraver:Antis Ioannides

Edge

Smooth