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5000 Francs CFA Mandala Elephant

Issuer Bank of Central African States (BEAC)
Year 2019
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Diameter 39 mm
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Obverse description Central device depicts the coat of arms of the Republic of Chad, featuring a chevron-patterned shield supported by a goat dexter and a lion sinister, with a rising sun above the shield and a scroll bearing the national motto below. The legend REPUBLIQUE DU TCHAD arcs along the upper periphery, with the year 2019 following at right. The denomination 5000 FRANCS CFA is inscribed along the lower periphery in bold capital letters. The design is rendered in high relief against a polished field, giving the coin a proof-like appearance.
Obverse script Latin
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Additional information

The Bank of Central African States issues collector silver outside its standard fiduciary mandate, licensing designs to European minting firms — in this case almost certainly struck by a private mint under contract rather than at any BEAC facility. The CFA franc zone itself was established by France in 1945 and pegged first to the French franc, then to the euro, with monetary policy still set partly under French Treasury oversight. That a commemorative "Mandala Elephant" series circulates nominally as legal tender across six central African nations while being produced exclusively for the international bullion collector market is a recurring structural oddity of BEAC numismatic issues.

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