Head of King Vittorio Emanuele III facing left and the engraver’s name above his neck
Obverse script
Latin
Obverse lettering
VITTORIO.EMANUELE.III.RE.E.IMP.
G.ROMAGNOLI (Translation: Vittorio Emanuele III King and Emperor (of Italy) G. Romagnoli)
Reverse description
Eagle perched on a branch, with outstretched wings and head right. Below the eagle is a faces in vertical position with an axe at right. Below the Savoy Shield divides the value, with the date and mintmark to the left, and the date of the Fascist Era to the right
Reverse script
Latin
Reverse lettering
ITALIA
1940 XVIII
R
L. 1 (Translation: Italy 1940 - XVIII R 1 Lira)
Edge
Reeded
Mint
R Rome, Italy (476-date)
Mintage
1939 R - XVII; Shares mintage with 1939 XVII KM# 77b - 10 033 000 1939 R - XVIII; Shares mintage with 1939 XVIII KM# 77b - 15 997 000 1940 R - XVIII; Shares mintage with 1940 XVIII KM# 77b - 25 997 000