Crowned gothic letter N. Around it a smaller beaded ring, and beaded ring on the edge. Inscription between rings.
Obverse script
Latin (uncial)
Obverse lettering
SANTVS
OLAVV (Translation: Saint Olaf.)
Reverse description
Norwegian lion holding an axe facing left in shield, on a long cross dividing legend. Around it a smaller beaded ring, and beaded ring on the edge. Inscription between rings.