Depicts Palau's national arms with Neptune and mermaid, shows the motto of the insular state above a traditional outrigger canoe, with the face value below.

Depicts coloured Alberto Ascari's Ferrari 500 and crowd, surrounded by inscriptions and Italian flag. Date below.

The Ferrari 500, also Ferrari 500 F2, was a Formula 2 racing car, built and used by Scuderia Ferrari.

The 1952 Belgian Grand Prix was a Formula Two race held on 22 June 1952 at Circuit de Spa-Francorchamps. It was race 3 of 8 in the 1952 World Championship of Drivers, in which each Grand Prix was run to Formula Two rules rather than the Formula One regulations normally used.

Alberto Ascari (1918–1955) was an Italian racing driver and twice Formula One World Champion. He was a multitalented racer who competed in motorcycle racing before switching to cars. Ascari won consecutive world titles in 1952 and 1953 for Scuderia Ferrari. He was the team's first World Champion and the last Italian to date to win the title. This was sandwiched by an appearance in the 1952 Indianapolis 500. Ascari also won the Mille Miglia in 1954. Ascari was noted for the careful precision and finely-judged accuracy that made him one of the safest drivers in a most dangerous era until his death.