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1000 Francs CFA Moscow

Issuer Republic of Benin
Year 2014
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Value 1000 Francs CFA
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Obverse lettering REPUBLIQUE DU BENIN FRATERNITE JUSTICE TRAVAIL 1000 FRANCS CFA
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Reverse lettering LES PLACES ROMANTIQUES MOSCOW 2014
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Additional information

Benin's commemorative franc CFA issues of the 2010s were largely produced by the Berne-based Coin Invest Trust and similar European minting houses under licensing arrangements — the coins having no practical circulation function and targeting the collector market almost exclusively. The Republic of Benin, like several other small West African franc zone members, leveraged its nominal issuing authority to generate foreign currency revenue through novelty coinage, a practice that drew quiet criticism from BCEAO, the regional central bank overseeing the CFA franc zone.

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