Head of Liberty, wearing a Phrygian cap, the country name above and date below.

The Phrygian cap is a soft conical cap with the top pulled forward, associated in antiquity with several peoples in Eastern Europe and Anatolia, including Phrygia, Dacia, and the Balkans. In early modern Europe it came to signify freedom and the pursuit of liberty through a confusion with the pileus, the felt cap of manumitted (emancipated) slaves of ancient Rome. Accordingly, the Phrygian cap sometimes is called a liberty cap; in artistic representations it signifies freedom and the pursuit of liberty.

Engraver: Eugène André Oudiné

Value within a mirrored-like wreath of 2 olive branches.