正面: 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.
背面: 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 ❀ 1932 ❀ or from 1931 to 1936.
前: 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.
黑色: 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 ❀ 或者 1937- 1938.