Western Africa (BCEAO) Western Africa (BCEAO) 500 francs, 2003-2010

1. Introduction: The Western Africa (BCEAO) 500 francs coin from the period 2003-2010 stands out as a significant piece of West African CFA currency. This bi-metallic coin not only holds monetary value but also carries historical and cultural importance that appeals to both collectors and enthusiasts.
2. Historical Background: Issued by the Central Bank of West African States, also known as the BCEAO, this coin served as a crucial medium of exchange within the member countries of the West African Economic and Monetary Union (WAEMU). The West African CFA franc has a rich history dating back to its introduction in 1958, symbolizing economic cooperation among participating nations.
3. Design Features: The obverse of the coin displays the inscription "BANQUE CENTRALE DES ETATS DE L'AFRIQUE DE L'OUEST," highlighting its origin. On the reverse, the denomination "500 FCFA" is accompanied by "UNION MONÉTAIRE OUEST AFRICAINE," emphasizing the coin's association with the West African Monetary Union.
4. Technical Specifications: This 500 francs coin weighs 10.60g and has a diameter of 28.00mm. Its bi-metallic composition consists of a copper-nickel center surrounded by a copper-aluminium-nickel ring, adding to its visual appeal and durability.
5. Collectible Value: The Western Africa 500 francs bi-metallic coin holds both numismatic and historical significance, making it a sought-after collectible item. Its limited mintage period from 2003 to 2010 contributes to its rarity, enhancing its value among collectors. The unique design and connection to the West African region further elevate its collectible appeal.
6. Conclusion: In conclusion, the Western Africa (BCEAO) 500 francs bi-metallic coin represents a blend of artistry, history, and monetary value. Whether for numismatic purposes or as a cultural artifact, this coin offers collectors a piece of West African heritage encapsulated in a beautifully crafted numismatic piece. By exploring the intricate details and significance of the Western Africa 500 francs coin, collectors and enthusiasts can appreciate its unique charm and place within the broader landscape of West African numismatics.

Coin Images

Obverse

Reverse