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50 Francs Independence

Issuer Senegal
Year 1968
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Shape Round
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Obverse script Latin
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Reverse lettering 50 FRANCS 1968 INDEPENDANCE 4 AVRIL 1960
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Additional information

Senegal's 1968 gold issue marks the eighth anniversary of independence from France, part of a broader wave of commemorative coinage that newly sovereign African states used to establish numismatic credibility on the international market — and to generate hard currency through collector sales abroad rather than domestic circulation. Few of these pieces ever spent a day in a Senegalese pocket.

The .900 fineness follows the old Latin Monetary Union standard, a deliberate echo of the French monetary system Senegal had only recently left.