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500 Francs CFA Cancer
| Issuer | Benin (1975-date) |
|---|---|
| Year | 2017 |
| Type | Non-circulating coin |
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|---|---|
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| Reverse script | Latin |
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| Edge | Reeded |
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| Additional information |
Benin issues coins under the Banque Centrale des États de l'Afrique de l'Ouest framework but has no independent mint infrastructure, so pieces like this are struck by contract facilities in Europe — most commonly the Monnaie de Paris or private houses serving the collector market. This is a bullion-adjacent commemorative with no meaningful circulation history; the CFA franc zone operates on aluminum-bronze for everyday commerce, and silver-plated issues exist entirely for the numismatic export trade.
The zodiac series to which this belongs has been a recurring revenue mechanism for several ECOWAS-aligned states since the 2000s.