Description:
Obverse
Head of King Vittorio Emanuele III facing right
Reverse
Female figure (allegory of Italy) standing on the prow of a ship, with a small statue of Victory in her left hand and a fasces in her right. Left, the year and the Fascist Era on two lines; at right the mintmark. On the bow of the ship the crowned Shield of Savoy is flanked by two beams. In exergue the value, with the name of the engraver at right, around the rim.
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