Catalog
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| Issuer | Republic of Benin |
|---|---|
| Year | 1994 |
| Type | Non-circulating coin |
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| Obverse description | The central field displays the national coat of arms of Benin, comprising a quartered shield supported by two leopards rampant facing inward. The shield features a sailing ship and a palm tree in the lower quarters, with a castle tower and a star ornament in the upper quarters, all surmounted by a buffalo head above the shield. A ribbon below the supporters bears the national motto in the legend: FRATERNITE JUSTICE TRAVAIL. The circular legend REPUBLIQUE DU BENIN arcs across the upper periphery, while the denomination 200 FRANCS CFA appears prominently in the lower field. |
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| Reverse script | Latin |
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| Additional information |
Benin has no domestic minting infrastructure and no meaningful numismatic tradition of its own — these pieces were produced entirely for the collector market by European distributors working under licensing arrangements with the Beninese government. The CFA franc was and remains the actual currency of Benin; this coin never circulated and was never intended to.
The Schön reference places it among a wave of similar issues from small African nations in the early 1990s, when the secondary market for novelty legal-tender coins was briefly very active.