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500 Francs CFA Chinese Panda
| Issuer | Central Bank of West African States (BCEAO) |
|---|---|
| Year | 2024 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | The obverse displays the coat of arms of the Republic of Benin in the center, featuring a quartered shield with a castle and Maltese cross in the upper quarters and a sailing ship and palm tree in the lower quarters, supported by two leopards rampant on either side beneath a buffalo head crest. A ribbon below the shield bears the national motto in Latin script: FRATERNITE · JUSTICE · TRAVAIL. The legend REPUBLIQUE DU BENIN arcs along the upper periphery, while the denomination 500 FRANCS CFA is inscribed in the lower field in bold relief. |
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| Obverse lettering | REPUBLIQUE DU BENIN FRATERNITE JUSTICE TRAVAIL 500 FRANCS CFA (Translation: Republic of Benin Brotherhood Justice Work) |
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| Additional information |
The BCEAO issues commemorative silver under the CFA franc framework largely as a licensing arrangement — the coins are legal tender in member states on paper, but are struck by private mints for the international collector market and never circulate. The Chinese Panda series connection here is purely commercial: panda-themed coinage from African issuers has proliferated since the mid-2010s, trading on the established demand for China's own Panda bullion series while routing production through jurisdictions with looser commemorative licensing constraints.