Italy (Kingdom); Bronze,medal  

obverse illustrating an army helmet, backed by an upward-pointing sword and a branch of oak leaves, surrounded by the inscription "ASSOCIAZIONE NAZIONALE COMBATTENTI" and engraver marked "S.A. PAGANI",

 reverse illustrating a winged angel in flight, a sword in her right hand, a branch of laurel leaves in her left hand, a star above, five rows of stacked letters "M/IS/TR/VZ/ZI" near her foot at the left, a series of flags below, six of which are in the forefront, three bearing the Italian coat-of-arms and three with fasces, three staffs at the right, surrounded by the inscription "ADUNATA NAZ PER IL VENTENNALE DELLA VITTORIA / ROMA 4 NOV 1938 XVII", 32 mm,

no ribbon    these medals were commonly awarded  / presented with a small wire pin