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E-auction 166-102794 - fwo_395540 - WEST AFRICAN STATES (BCEAO) 500 Francs BCEAO 1972 Paris

WEST AFRICAN STATES (BCEAO) 500 Francs BCEAO 1972 Paris MS
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NO BUYER'S FEE.
Estimate : 30 €
Price : 23 €
Maximum bid : 26 €
End of the sale : 20 June 2016 17:48:00
bidders : 3 bidders
Type : 500 Francs BCEAO
Date: 1972
Mint name / Town : Paris
Quantity minted : 100000
Metal : silver
Millesimal fineness : 900 ‰
Diameter : 37 mm
Weight : 25 g.
Edge : striée
Catalogue references :

Obverse


Obverse legend : BANQUE . CENTRALE . DES . ÉTATS . DE . L’AFRIQUE . DE . L’OUEST. // 1/NOVEMBRE/1962 // 1/NOVEMBRE/1972.
Obverse description : Masque africain.

Reverse


Reverse legend : HAUTE - VOLTA / MAURITANIE / NIGER / SENEGAL / TOGO / COTE D’IVOIRE / DAHOMEY / SOUS UNE FRISE ET AUTOUR D’UN COLLIER DE BLASON LIÉS PAR LA LÉGENDE RÉPÉTÉE UNION MONÉTAIRE OUEST-AFRICAINE / 500 / FRANCS / 1972.
Reverse description : Collier de blasons.

Commentary


Pour cette monnaie, 100.000 monnaies d’usage courant ont été frappées ainsi que 2.000 exemplaires en FDC.
For this coin, 100,000 coins of current use were struck as well as 2,000 examples in FDC

Historical background


WEST AFRICAN STATES (BCEAO)

(1956-)

The Central Bank of West African States (BCEAO) is the principal monetary institution of the West African Economic and Monetary Union (WAEMU), which comprises Benin, Burkina Faso, Côte d'Ivoire, Mali, Niger, Senegal, and Togo. Its headquarters are located in Dakar. It succeeded the French West Africa and Togo Issuing Institute. The Bank of France guarantees the convertibility of the CFA franc into the French franc and, from 1999, into the euro..

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