200 Lire Philatelic Exhibition - Genoa'92, Italy

In the field a circle divided into two semicircles. In the upper semicircle three sails on a background of parallel lines. In the lower one three stylized waves and under the word GENOA `92. At both sides of the waves, on the left, the date and the mint mark while on the right, the authors name. Along the edge, outside the circle, word of the event and value.

Sergio Grossi

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Woman head with long curly hair facing right. Below the neck cut a big dot and the name of the engraver.

Mario Vallucci

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Reeded