In the quarterfinals, between Sweden and Finland, the Swedes completed an outstanding comeback, being down 4 goals 5–1 7 minutes into the second period. At that time, Sweden decided to change goalie, from Tommy Salo to Mikael Tellqvist. After the change, the Swedes scored 3 goals in a row in the second period to reduce the lead to 5–4. In the third period, Peter Forsberg scored a notable goal, when he skated from his own half of the rink all the way to Finland's offensive zone, scoring on a wrap around. Per Johan Axelsson scored the game winning goal in the third period to win the game 6–5 for the Swedes.
Ice Hockey World Championships 2003 commemorative coin
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To celebrate the games, the Finnish government issued a high value commemorative coin: the 2003 Ice Hockey World Championships commemorative coin, minted also in 2003. On the reverse, three ice hockey sticks with a puck can be seen.