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500 Francs CFA Helmut Schmidt

Issuer Togo
Year 2004
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Shape Round
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Reverse description Gold-plated portrait bust of Helmut Schmidt in high relief, depicted facing right in a plain truncation style against a matte silver field. Surrounding the central effigy, a spiralling biographical legend records the successive offices held by Schmidt throughout his political career. His name 'HELMUT SCHMIDT' appears prominently along the lower arc, with the title 'BUNDESKANZLER' inscribed in large letters across the upper portion of the field.
Reverse script Latin
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Additional information

Togo's authority to issue commemorative coinage in CFA francs has long been a point of friction — the country is a member of the West African Economic and Monetary Union, whose coinage policy is administered collectively, yet Togo has periodically licensed its name to foreign minting operations producing pieces with no practical circulation role. This Helmut Schmidt issue is one such item, almost certainly produced under a licensing arrangement by a European private mint and sold directly to collectors rather than through any banking channel.

Schmidt served as West German Chancellor from 1974 to 1982, navigating the oil crisis and the politically brutal Autumn of 1977.

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