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20 Dollars

Issuer Republic of Liberia
Year 1964
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Value 20 Dollars
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Reverse description A facing portrait of William V.S. Tubman, 18th President of Liberia, rendered in high relief occupies the central field. The subject is depicted wearing spectacles with a composed expression. The legend 'WILLIAM V.S. TUBMAN' curves along the upper periphery in bold lettering. Below the portrait, a row of five-pointed stars flanks the date '1964', with the engraver's signature 'J.H. WASER' inscribed in small letters beneath the portrait. The Bern mint mark 'B' and the Liberian mint mark 'L' appear in the lower field.
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Reverse lettering WILLIAM V. S. TUBMAN J.H.WASSER L 1964 B
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Additional information

Liberia's 1964 gold coinage was produced during the administration of William V.S. Tubman, whose 27-year presidency oversaw a period of significant foreign investment — particularly from Firestone and American steel interests — that generated the revenue underwriting such issues. These coins were struck by the Valcambi mint in Switzerland rather than any domestic facility, as Liberia has never operated its own mint.

The .999 fineness is unusually high for a circulating-format gold issue of the period, suggesting these were intended from the outset as bullion or presentation pieces rather than everyday commerce.