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500 Francs CFA British Britannia

Issuer Benin (1975-date)
Year 2024
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Value 500 Francs CFA
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Obverse description The obverse displays the national coat of arms of the Republic of Benin centrally in the field, featuring a quartered shield supported by two leopards rampant, with a buffalo head crest above. The shield quarters depict a fortified tower, a cross, a palm tree, and a sailing vessel. A ribbon beneath the shield bears the national motto in three segments. The circular legend reads REPUBLIQUE DU BENIN above and the denomination 500 FRANCS CFA below the arms.
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Reverse script Latin
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Additional information

The Francs CFA zone, administered through the BCEAO for West African member states, has long been a vehicle for commemorative silver programs with no meaningful connection to the issuing country. Benin's participation is purely nominal — the coins are contracted through European minting houses and marketed directly to collectors abroad. This piece never circulates in Cotonou.

The Britannia series itself dates to 1987 as a British bullion program. Benin's appropriation of that iconography for a CFA-denominated silver issue is an artifact of the modern commemorative licensing trade.

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