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10 000 Francs CFA Bullion Coinage - Elephant

Issuer Gabon
Year 2012
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Value 10 000 Francs CFA
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Reverse description The reverse features an imposing high-relief frontal portrait of an African bull elephant filling the field, rendered with exceptional sculptural detail capturing the wrinkled skin, broad flared ears, and prominent curved tusks. A naturalistic savanna landscape with sparse vegetation forms the background. Along the upper border, the legend ELEPHANT 9 SILVER OUNCES arcs above the date 2012. In the lower right field, a cartouche in the outline of the African continent bears the inscription AFRICA and the fineness designation 9oz Ag .999.
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Additional information

Gabon's bullion coinage program, operating under the Central Bank of West African States framework, occupies an unusual position: a CFA franc-zone member striking large-format silver pieces denominated in CFA francs but marketed almost exclusively to the international bullion and collector market rather than domestic circulation. The 10,000 franc face value bore no meaningful relationship to bullion value at the time of issue — silver at that weight was worth multiples of the stated denomination.

KM#25 is one of several large-format issues Gabon produced in the early 2010s through the Berne-based minting arrangements common to many African sovereign bullion programs of that period.

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