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500 Francs CFA Scorpio

Issuer Banque Centrale des États de l'Afrique de l'Ouest (BCEAO)
Year 2017
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Shape Round
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Reverse script Latin
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Edge Reeded
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Additional information

The BCEAO issues coins under the West African CFA franc system, a currency arrangement established in 1945 and tied to the French franc — and after 1999, to the euro at a fixed rate of 655.957 francs per euro. These 500-franc collector pieces are not monetary instruments in any practical sense; they circulate among collectors, not markets in Dakar or Abidjan. The zodiac series to which this piece belongs was produced for the international bullion and novelty collector trade, with silver-plated copper-nickel the obvious concession to price point over prestige.

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