500 Francs CFA Italy Bottle Cap

Chad's CFA franc is issued under the authority of the Bank of Central African States, but the novelty coinage program — of which this piece is a part — is licensed through private minting arrangements with European firms targeting the collector market rather than circulation. The Italian bottle cap motif belongs to a broader series of such issues exploiting Chad's relatively permissive approach to novelty legal tender authorization.

Collectors should know these are not produced by or for the Chadian government in any meaningful fiscal sense.