In silver, official national hallmark (used between 1934 and 1944), marked "800" (silver) and maker marked "F.M. LORIOLI FRATELLI MILANO ROMA" on the reverse, obverse illustrating a manned Roman chariot at the right with two lions in front, the Royal coat-of-arms in the background, surmounted by the Royal crown, with a ribbon banner below inscribed "FERT" (the motto of the royal house of Savoy-Sardinia and Italy), reverse illustrating a crowned spread-winged eagle bearing the Royal coat-of-arms on its chest, inscribed "MINISTERO DELLA GVERRA" (Ministry of War) above, measuring 39.7 mm in diameter, semi-dark patina, edge nicks, light contact and surface wear, better than very fine.