500 Francs CFA Monetary Union, Essai

Issuer Western African States
Year 1972
Type Coin pattern
Value 500 Francs CFA
Currency CFA franc (1958-date)
Composition Silver (.900)
Weight 25 g
Diameter 37 mm
Thickness 3 mm
Shape Round
Technique Milled
Orientation Coin alignment ↑↓
Engraver(s) Raymond Joly
In circulation to
Reference(s) KM#E7
Obverse description Sawfish
Obverse script Latin
Obverse lettering BANQUE CENTRALE DES ETATS D`AFRIQUE DE L`OUEST 1 NOVEMBRE 1962 1 NOVEMBRE 1972 ESSAI RJ
(Translation: Central Bank of [the] West African States 1st November 1962 1st November 1972 Trial)
Reverse description Denomination; coats of arms
Reverse script Latin
Reverse lettering HAUTE-VOLTA MAURITANIE NIGER SENEGAL TOGO COTE D`IVOIRE DAHOMEY 500 FRANCS 1972
(Translation: Upper Volta Mauritania Niger Senegal Togo Ivory Coast Dahomey)
Edge Reeded
Mint Monnaie de Paris, Paris (and
Pessac starting 1973), France (864-date)
Mintage 1972 - - 1 300
Numisquare ID 2577795500
Additional information

Historical Context: Issued in 1972, this 500 Francs CFA Essai from the Western African States signifies a pivotal post-colonial era. While individual nations gained independence, the CFA Franc Monetary Union represented a continued commitment to regional economic integration and monetary stability, linked to the French franc. This Essai, a test strike, reflects an exploration of new monetary expressions and the assertion of a collective identity for member states within the West African Economic and Monetary Union (UEMOA).

Artistry: The specific engraver for this Essai (KM#E7) is unrecorded, but the design reflects the prevailing numismatic aesthetic, often by Monnaie de Paris artists. Stylistically, it likely blends classical allegorical representations, such as a symbolic head embodying Union ideals, with motifs of West African agriculture or industry on the reverse. Common elements include local produce or a regional map, emphasizing economic unity. Essais often permitted more intricate designs than standard circulation issues.

Technical/Grading: Struck in .900 fine silver (25 grams, 37 mm), this Essai typically exhibits superior strike quality. High-points for grading include intricate details of any allegorical figure's hair/headdress, and delicate textures of agricultural motifs or geographical lines. Essais are often struck with enhanced pressure, yielding a full, sharp strike with crisp legends. Collectors should seek a strong proof-like or matte finish, minimal planchet imperfections, and no wear, as these pieces were not for circulation.

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