Gold Ounce 2017 King Tut, Coin from Chad - detailed information

The Republic of Chad uses the Central African CFA Franc as its currency; it is the common currency of six independent states in central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. The CFA Franc has both common and national issues. All common circulating coins are issued under the authority of CEMAC ("Communauté Économique et Monétaire de l'Afrique Centrale" - Economic and Monetary Community of Central Africa) and have no issuing country. Separately, each member country can strike coins bearing its national symbols; these coins are legal tender in the other members of the bloc too.

Chad has authorised some foreign mints to strike coins under its issuing authority for collector's purposes, or as bullion. These are usually dedicated to historical or general popular culture themes not related to the country itself. Many of them are in standard bullion sizes, such as the internationally popular one troy ounce of gold format, such as this coin.

This 1 oz coin is the first gold coin in the Egyptian Relic series and is made to look just as if it were discovered from an ancient Pyramid, designed to bring King Tut to life. Each coin is individually struck without a collar allowing the gold to flow in such a way as to make each coin appear ancient and unique in shape. The coin has a distinct incuse design and a rough finish, giving it the appearance of an ancient coin in use for thousands of years.

King Tut’s tomb was first discovered by British Egyptologists Howard Carter and George Herbert in 1922. What stunned many at the time was the solid gold coffin. Inside were the remains of a pharaoh who, to that date, had been relatively unknown and lost to the history of the world.

Tutankhamun came to power at the age of just 9 or 10, as part of Egypt’s 18th dynasty, in 1332 B.C. His young age meant he likely had to rely on trusted advisers to help him rule over Ancient Egypt. One of his greatest achievements was reversing several changes made during his father's reign and restoring traditional Egyptian values.