Royal family depicted in circular frames within beaded circle.
Obverse script
Latin
Obverse lettering
:JVAN:CARLOS:I:REY:DE:ESPAÑA:
19 92 (Translation: Juan Carlos I King of Spain)
Reverse description
Winners Nobel Prize in Literature depicted in oval frames, hand with quill and book, in circle below.
Reverse script
Latin
Reverse lettering
GABRIELA MISTRAL
JACINTO BENAVENTE
JUAN L. JIMENEZ
JOSE DE ECHEGARAY
MIGUEL A. ASTURIAS
GABRIELGa MARQUEZ
VICENTE ALEIXANDRE
CAMILO J. CELA
PABLO NERUDA
OCTAVIO PAZ
:QVINTO:CENTENARIO:
M:10000:PTAS:500 (Translation: 5th Centennial Madrid 10000 pesetas)
Edge
Mint
(M) Royal Mint of Spain (Real Casa de la Moneda), Madrid, Spain (1591-date)