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250 Francs CFA Unified Nations

Issuer Senegal
Year 2019
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Value 250 Francs CFA
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Obverse lettering REPUBLIQUE DU SENEGAL UN PEUPLE UN BUT UNE FOI 250 FRANCS CFA
(Translation: Republic of Senegal One Nation, One Goal, One Faith)
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Edge Reeded
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Additional information

The CFA franc zone has long been a point of contention in West African political discourse — the currency's peg to the euro and French Treasury backing have drawn criticism from economists and governments alike, most vocally in the years surrounding this coin's issue. Senegal minting a gold commemorative denominated in CFA francs while that very system faced calls for abolition is not without irony.

At 0.5 g of .9999 fine gold, this piece contains bullion value that dwarfs its face denomination many times over — a feature common to modern miniature gold issues designed for the collector market rather than any monetary function.

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