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500 Francs Independence

Issuer Niger
Year 1960
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Value 500 Francs (500 XOF)
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Obverse lettering INDEPENDANCE REPUBLIQUE DU NIGER 500 FRS 3 AOUT 1960
(Translation: Independence. Republic of Niger. August 3rd, 1960.)
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Reverse lettering · PRESIDENT DIORI HAMANI · REPUBLIQUE DU NIGER
(Translation: Republic of Niger.)
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Additional information

Niger gained independence from France on August 3, 1960, and this issue was struck to mark the occasion — one of several West African nations that commissioned commemorative silver pieces through the Paris Mint in that transitional year. France retained close monetary ties with its former territories through the CFA franc zone, making a silver independence commemorative something of a political curiosity: a sovereign gesture produced entirely within the infrastructure of the departing colonial power.

KM#5 is scarce in any grade; total mintage was extremely limited, and examples rarely appear outside specialist West African collections.