Catalog
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| Issuer | Chad |
|---|---|
| Year | 2023 |
| Type | Log in to see details |
| Value | 250 000 francs CFA |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | REPUBLIQUE DU TCHAD 2023 UNITE TRAVAIL PROGRES 250000 FRANCS CFA (Translation: Republic of Chad Unity Work Progress) |
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| Reverse lettering | 1/2 oz Au 999.9 Fine Gold m |
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| Additional information |
Chad is a member of the CEMAC monetary zone, where the CFA franc is administered by the Beac (Banque des États de l'Afrique Centrale) — an institution with no mandate whatsoever for bullion coinage. Issues like this one are produced under licensing arrangements with private mints, typically European, that pay a fee to sovereign issuers for the legal-tender designation. The face value is purely nominal; at any CFA exchange rate, 250,000 francs represents a fraction of the gold's spot value.
The 15.55 g fine gold weight is a half-troy-ounce specification, the most commercially liquid increment in the modern bullion market.