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20000 Francs CFA Nefertiti

Issuer Chad
Year 2016
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Value 20000 Francs CFA
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Obverse lettering REPUBLIQUE DU TCHAD UNITE TRAVAIL PROGRES 20000 FRANCS CFA
(Translation: Republic of Chad Unity Work Progress)
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Reverse script Latin
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Additional information

This piece belongs to a wave of African nation-issued bullion and collector gold that proliferated in the 2010s, where sovereign minting rights held by countries like Chad — whose actual currency is managed by the Banque des États de l'Afrique Centrale — were licensed to European private minting houses, principally in Germany and Austria, with the issuing country receiving a fee and the coins sold directly to international collectors rather than ever circulating in Africa. The Nefertiti subject has no historical connection to Chad whatsoever; the bust belongs to 18th Dynasty Egypt and has been housed in Berlin's Neues Museum since 1913.

The 155.5g fine gold specification corresponds to a standard 5-troy-ounce planchet.

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