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500 Francs CFA Mexican Libertad
| Issuer | Benin (1975-date) |
|---|---|
| Year | 2024 |
| Type | Non-circulating coin |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse features a large central gilt medallion reproducing the design of the 1981 Mexican Gold Libertad coin, depicting the winged figure of Victory (La Victoria) striding forward in full relief, her right arm raised aloft holding a laurel wreath, her left arm extended, with the volcanic peaks of Popocatepetl and Iztaccihuatl visible in the background. Inscriptions within the gilt inner circle read 1 ONZA ORO PURO and 1981, with MEXICO in the exergue. The surrounding silver border bears the legend SILVER COIN arching across the top field and LEGENDARY GOLD CLASSICS across the bottom, flanked by five-pointed stars; the date 2024 appears on the left border and the fineness .999 on the right. |
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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.