Depicts the left-facing portrait of Miklós Horthy in an admiral's uniform, surrounded by the inscription "Miklós Horthy, Regent of Hungary" above. The engraver's privy mark is below the portrait.

Depicts the coat of arms of the Kingdom of Hungary topped with the Holy Crown. Surrounding the crown is a circular motif with the inscription "HUNGARIAN KINGDOM" above. The coat of arms is flanked by two angels. The issuing year is displayed above the motif, while the denomination is shown below, with the mint mark "BP." at the bottom.

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.