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5000 Francs

Issuer Banque Centrale des États de l'Afrique de l'Ouest
Year 1959
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Reference(s) P#5
Obverse description Blue, brown and multicolour note with a bearded man's portrait at left and a building vignette at centre, set against a guilloche underprint. The denomination '5000' appears in numerals at lower left and right, with the issuing authority's full title across the upper margin.
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Protection type Watermark
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Comments

The BCEAO was established in 1962 to replace the earlier Institut d'Émission de l'Afrique Occidentale Française et du Togo, and the early notes of this series bridge that institutional transition — P#5 carries design heritage from the colonial-era CFA franc system while being issued under a nominally independent multinational authority. Seven newly sovereign states were sharing the same currency, a monetary arrangement that was, and remains, deeply contentious in francophone West Africa.

The 5000-franc denomination was the highest in this series, meaning these notes circulated hard and wore out fast. Finding examples without significant fold fatigue is genuinely difficult.