Depicts an older portrait of Franz Liszt facing to the right. Below the beaded edge pattern running around the rim of the coin, the inscription reads, "IN MEMORY OF FRANZ LISZT, THE GREAT HUNGARIAN COMPOSER." Below the portrait, the birth and death years "1811-1886" are placed at the edges, each flanked by a floral motif. Above the years, the engraver's privy mark is visible.

Franz Liszt (1811–1886) was a Hungarian composer, pianist, conductor, and teacher of the Romantic era. Renowned for his virtuosic piano skills, he achieved widespread fame during the 1830s and 1840s, captivating audiences across Europe and sparking "Lisztomania." A key figure in the New German School alongside Wagner, Liszt supported and influenced many composers of his time. He also revolutionized piano education, leaving a lasting impact with innovations like the symphonic poem and thematic transformation. Liszt's later works foreshadowed 20th-century classical trends through experimentation with atonality.

Depicts Hungary's small coat of arms with a crown, illustrated in a Baroque style, adorned with a wreath made of oak leaves on the left and laurel leaves on the right. The bottom edge of the wreath is tied with a ribbon. The issuance year "1936" is split into two parts and placed on either side of the coat of arms, with the mint mark "BP." located beneath the ribbon. The upper inscription of the coin reads "HUNGARIAN KINGDOM," decorated with a floral motif at each end. The lower inscription shows the denomination "2 PENGŐ."

The Holy Crown of Hungary (also known as the Crown of Saint Stephen) was the coronation crown used by the Kingdom of Hungary for most of its existence; kings have been crowned with it since the twelfth century. No king of Hungary was regarded as having been truly legitimate without being crowned with it. In the history of Hungary, more than fifty kings were crowned with it, up to the last, Charles IV, in 1916. The cross is attached to the crown in a rough manner, rising from the midriff of Christ in the central enamel plaque at the top of the crown. The cross was knocked crooked in the 17th century when the crown was damaged, possibly by the top of the iron chest housing the insignia being hastily closed without the crown having been placed in it properly. The cross has since been left in this slanted position, and is now always depicted as such.