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125 000 Francs CFA Bull and Bear
| Issuer | Chad |
|---|---|
| Year | 2023 |
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| Composition | Gold (.9999) |
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| Obverse description | The central field features the coat of arms of Chad, depicting a shield with a chevron pattern supported by a rampant goat to the left and a rampant lion to the right, surmounted by a radiant sun. A scroll beneath the shield bears the national motto in the exergue. The circular legend REPUBLIQUE DU TCHAD arcs across the upper field with the date 2023 to the right, while the denomination 125000 FRANCS CFA is inscribed along the lower rim. The design is struck in proof finish with deeply mirrored fields against frosted relief. |
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| Obverse lettering | REPUBLIQUE DU TCHAD 2023 UNITE TRAVAIL PROGRES 125000 FRANCS CFA (Translation: Republic of Chad Unity Work Progress) |
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| Additional information |
Chad's francs CFA are issued through the BEAC — the Bank of Central African States — which means the actual monetary authority behind this coin is a supranational body, not the Chadian government. That arrangement makes Chad, like its CEMAC neighbors, a nominal issuer on pieces that are largely produced for the collector market rather than any domestic monetary purpose. The 125,000 CFA face value is essentially ceremonial; 7.78 grams of .9999 gold at any recent spot price renders the denomination a fraction of the metal's worth.