Picasso 20 Euro

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Hi. I've bought a first day cover produced by Benham. It has a 20 Euro coin (token).




As can be seen the portrait of Picasso on the coin is frosted. There is no colouration on the coin. The website catalogue includes this: https://en.numista.com/catalogue/pieces45968.html

Its not very clear from the catalogue listing whether the portrait of Picasso on that coin is frosted or not but the "picture" is clearly coloured.

Is the coin I have a separate version? Should it be listed in the catalogue? If so as a separate coin or as a variant on the existing listing? Is there a coloured version or has this been independently done after the coin was minted?
New version: X# 131
Referee of south atlantic islands

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