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500 Francs CFA Pope Paul VI
| Issuer | Benin (1975-date) |
|---|---|
| Year | 2014 |
| Type | Log in to see details |
| Value | 500 Francs CFA |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse lettering | 85 YEARS OF VATICAN CITY STATE 11.02.2014 * BENEDIKT XVI 2005-2013 |
| Edge | Reeded |
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| Additional information |
Benin's franc CFA coinage since the mid-1990s has been almost entirely commemorative silver and bimetallic issues produced for the collector market, with no meaningful circulation intended. The country's actual transactional currency is managed through the BCEAO — the regional central bank serving the West African Economic and Monetary Union — leaving individual member states like Benin to issue legal-tender commemoratives essentially as a revenue mechanism.
Paul VI reigned from 1963 until his death in 1978 and was beatified by Francis in 2014 — the same year this piece was struck — before his canonization in 2018.