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500 Francs CFA Mexican Libertad
| Issuer | Benin (1975-date) |
|---|---|
| Year | 2024 |
| Type | Non-circulating coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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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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| Reverse script | Latin |
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| Additional information |
Benin's use of the BCEAO-administered CFA franc means its commemorative bullion program is effectively a licensing arrangement — the coins are legal tender in name, struck to satisfy collector demand rather than any domestic monetary need, with minting contracted to private facilities operating well outside West Africa. The Mexican Libertad design appearing here is borrowed iconography, reproduced under agreement as part of a broader trend of BCEAO-zone issuers repackaging globally recognized bullion motifs for the numismatic market.
The .999 fine, half-ounce specification mirrors the standard Libertad weight class exactly — a deliberate commercial alignment with an established collector benchmark.