1000 Francs CFA Giraffe

Gabon's franc CFA coinage is issued under the authority of the BEAC — the central bank serving six Central African states — but commemorative silver pieces like this one are contracted through private minting programs and have no BEAC involvement whatsoever. The issuing arrangement is purely nominal, with Gabon lending its name and legal tender status to coins produced entirely for the collector market and never intended to circulate in Central Africa.

The KM#38.1 designation suggests a variant within a broader giraffe series, likely differentiated by finish or privy mark rather than a substantive design change.