Front: The Three Feathers (from the tops of the towers) above the city walls and a cartouche with the nominal value L. 20 inside the circle above the fasces (bundle of wooden rods tied with an axe) at the bottom mintmark R (Rome, Italy). Around the legend name of the state ↷ divided in the center by a crown REPVBBLICA • ♔• DI • S •MARINO, at the bottom microtext above the cartouche, on the left designer E. SAROLDI on the right engraver A.M.INC.
Black: Bust of San Marino facing forward with the three towers of the Republic, in his right hand, within a circle. Around the motto SALVAM • FAC • REMPVBLICAM • TVAM (Save your republic) at the bottom the date ❀ 1935 ❀ or 1937- 1938.
