Catalog
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| Issuer | Togo |
|---|---|
| Year | 2007 |
| Type | Non-circulating coin |
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| Obverse description | The national coat of arms of Togo occupies the central field, depicting two rampant lions flanking a shield charged with the monogram 'RT', surmounted by crossed national flags bearing the inscriptions 'TRAVAIL' and 'LIBERTE'. The legend 'REPUBLIQUE TOGOLAISE' arcs along the upper periphery, while the denomination '1500 FRANCS' is inscribed in large characters along the lower rim. The devices are rendered in high relief against a polished field, with a beaded border encircling the entire design. |
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| Reverse script | Latin |
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| Additional information |
Togo's authority to issue commemorative coinage is itself a complicated matter — the country is a member of the CFA franc zone, where monetary policy is controlled by the BCEAO, yet a parallel stream of collector issues bearing Togolese authority has been licensed through external minting arrangements, primarily with the Bavarian State Mint and related European contractors. These pieces circulated nowhere and were sold directly into the international collector market.
At one gram of .999 gold, the economics are almost entirely premium over metal content.