Head of King Vittorio Emanuele III facing left and the name of the engraver below the neck
Obverse script
Latin
Obverse lettering
VITT·EM·III· RE·E·IMP·
G.ROMAGNOLI (Translation: Vittorio Emanuele III King and Emperor (of Italy) G. Romagnoli)
Reverse description
Head of a woman (representing Italy) with a fasces at left, in front of her hairs. Fasces is adorned with the Savoy shield and with an axe at left and the value below between dates and mintmark
Reverse script
Latin
Reverse lettering
ITALIA
R
XVIII
1939
C.20 (Translation: Italy R XVIII 1939 20 Centesimi)