Togo's CFA franc issues of this period were struck under license through the Monnaie de Paris as part of a broader wave of small-gold collector pieces sold primarily to European and Asian numismatic markets rather than circulated domestically. The country itself has used the West African CFA franc — pegged first to the French franc and since 1999 to the euro — with no meaningful domestic gold coinage tradition.
KM#90 belongs to a series where the nominal face value bears essentially no relationship to bullion content or legal tender reality within WAEMU member states.
Togo's CFA franc issues of this period were struck under license through the Monnaie de Paris as part of a broader wave of small-gold collector pieces sold primarily to European and Asian numismatic markets rather than circulated domestically. The country itself has used the West African CFA franc — pegged first to the French franc and since 1999 to the euro — with no meaningful domestic gold coinage tradition.
KM#90 belongs to a series where the nominal face value bears essentially no relationship to bullion content or legal tender reality within WAEMU member states.