1 Franc - Yusuf

Struck for Morocco while it remained under the French Protectorate established in 1912, this issue was produced at the Paris Mint during a period when the Makhzen's fiscal autonomy had been almost entirely absorbed into French colonial administration. The Banque d'État du Maroc, nominally a multinational institution, was in practice dominated by French financial interests and controlled the coinage program directly.

Yusuf reigned as Sultan from 1912 to 1927, his rule beginning the same year the protectorate was imposed — a coincidence that defined the character of every coin struck in his name.