Obverse: The center features the denomination 50 SCHILLING, surrounded by Austrian heraldic shields and the inscription REPUBLIK ÖSTERREICH.
Reverse: Depicts the Austrian Parliament building in Vienna, with a matte field between the pillars. At the bottom appear the dates 1918–1968 and the inscription 50 JAHRE REPUBLIK, marking the 50th anniversary of the Republic.
About the coin: Issued in 1968, this 50 Schilling silver commemorative coin celebrates the 50th anniversary of the Republic of Austria. Struck in .900 fine silver, weight 20 g, diameter 33.5 mm. The obverse was designed by Edwin Grienauer, and the reverse by Fritz Tiefenthaler. The edge is smooth with incuse lettering FUENFZIG SCHILLING.