5 Centesimi - Vittorio Emanuele III

Obverse

Bare head of King Vittorio Emanuele III facing right

Lettering: VITT·EM· | III·RE·E·IMP·

Translation: Vittorio Emanuele III King and Emperor (of Italy)

Engraver: Giuseppe Romagnoli 

Reverse

Eagle in profile, with outstretched wings and head right has fasces with axe in its claws. Below the fasces the crowned Shield of Savoia divides value at sides, with date and mintmark far to the left and the date in the fascist era to the right. Name of the engraver below

Lettering:
ITALIA
1938 R
XVI
C. 5
G. ROMAGNOLI

Translation:
Italy
1938 R
XVI
5 Centesimi
G. Romagnoli

Engraver: Giuseppe Romagnoli 

Edge

Smooth