The Bank of Central African States issues collector pieces under the CFA franc framework, a currency system tied to the French Treasury by guarantee since 1945 — a arrangement that has generated sustained political controversy, particularly in the post-independence decades. These gilded silver issues circulate well outside the six member states they nominally represent, absorbed almost entirely by the European and Asian collector market.
The Bank of Central African States issues collector pieces under the CFA franc framework, a currency system tied to the French Treasury by guarantee since 1945 — a arrangement that has generated sustained political controversy, particularly in the post-independence decades. These gilded silver issues circulate well outside the six member states they nominally represent, absorbed almost entirely by the European and Asian collector market.