Obverse : Boy Bust, facing right; "ALFONSO XIII POR LA G·DE DIOS" 1899 below, between 6-pointed star (18 incuse in left and 99 in right ).
Reverse : Crowned drapped arms in Collar of the Golden Fleece; "REY CONSTL. DE ESPAÑA" above, "20 PESETAS" below, S·M· below left and ·V· below right.
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