Catalog
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| Issuer | Togo |
|---|---|
| Year | 2012 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | CFA franc (1958-date) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | The coat of arms of the Togolese Republic occupies the central field, flanked by the country's national symbols. The monogram 'RT' appears at the center of the arms. The legend 'REPUBLIQUE TOGOLAISE' arcs along the upper periphery, while the denomination '1500 FRANCS CFA' is inscribed along the lower periphery. A beaded border runs along the rim. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Additional information |
Togo's use of the CFA franc ties it to the West African Economic and Monetary Union, whose common currency has been pegged to the euro — and before that, the French franc — since 1945. These fractional gold issues targeting the collector market emerged as WAEMU nations began licensing their monetary authority for bullion and numismatic pieces, a practice that has drawn criticism from economists who argue it commodifies sovereign coinage rights with little benefit to issuing states.
At 0.5 grams of .9999 gold, the practical ceiling for striking quality at this diameter is low, and die-to-die consistency across the run is known to be uneven.