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500 Francs CFA South African Protea
| Issuer | Senegal |
|---|---|
| Year | 2021 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | At centre, the national coat of arms of Senegal is depicted, featuring a quartered shield supported by two lions rampant, surmounted by a green star, with a pendant below. The circular legend 'REPUBLIQUE DU SÉNÉGAL' arcs around the upper field, while the date '2021' appears above the shield. The denomination '500 FRANCS CFA' is inscribed along the lower portion of the coin. |
|---|---|
| Obverse script | Latin |
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| Additional information |
The Protea bullion series originated with South Africa's private minting sector as a vehicle for fractional gold outside the Krugerrand program, but issues like this one — struck for Senegal under the CFA franc framework — represent a secondary licensing arrangement that uses West African issuing authority to sell internationally marketed collectibles. Senegal itself has no independent monetary policy; the BCEAO governs all CFA franc coinage across eight member states, meaning this "Senegalese" issue is, in practice, a product of that supranational structure rather than any Dakar-based decision.