|Value||20 Lire (20 ITL)|
|Orientation||Coin alignment ↑↓|
Bald head of king Vittorio Emanuele III facing left.
Lettering: VITTORIO EMANUELE III RE E IMPERATORE
Allegorical female figure symbolizing Italy, leading with her right hand a statue of Victory and with left a fasces. The figureis seated on a chariot drawn by four horses with slow pace to the right. To the left the year also in the Fascist Era. In exergue the Shield of Savoy adorned with fasces with the value at both sides. Under the base of the chariot left the author's name (G • ROMAGNOLI), right the mint mark (R).
NOTE: Years from 1937 to 1941 have been coined for collectors only and had no legal tender
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