100 Francs CFA Panda

The Central African Republic has issued numerous collector-oriented pieces under licensing arrangements that have little to do with domestic monetary policy — this Panda-themed issue is one of them, produced for the international bullion and novelty collector market rather than any local circulation purpose. The CFA franc zone, administered through the Bank of Central African States, rarely originates such pieces independently; these are typically contracted through private minting houses operating under official license.