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100 Francs CFA Elephant

Issuer Benin (1975-date)
Year 2024
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Value 100 Francs CFA
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Obverse script Latin
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Reverse description The reverse of this three-dimensional sculptural coin takes the form of a highly detailed, naturalistically rendered African elephant standing in profile facing left, its trunk lowered toward the ground. The figure is cast in high relief and rises dramatically above the flat coin base, rendered in gold-plated copper with fine surface texture throughout the hide, ears, and tusks. The elephant stands with all four legs visible, conveying a sense of weight and monumentality characteristic of African wildlife sculptural coinage. The entire piece is finished in a uniform gold tone, unifying the sculptural figure with its circular plinth.
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Additional information

Benin's CFA franc issues of this type are struck for the collector market, not for circulation — the West African CFA franc zone's actual 100-franc coin is an aluminum-bronze piece issued collectively through the BCEAO and used daily across eight member states. This piece has no monetary function there.

At 170 grams of gold-plated copper, the economics are straightforward: production cost comfortably exceeds face value, which is why these are sold at substantial premiums through third-party distributors rather than through any central bank window.

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