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20 000 Francs CFA Giraffe

Issuer Bank of Central African States (BEAC)
Year 1996
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Reference(s) KM#199
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Obverse lettering REPUBLIQUE DU CONGO UNITE TRAVAIL PROGRES 20.000 FRANCS
(Translation: Republic of Congo Unity Work Progress)
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Reverse script Latin
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Additional information

The BEAC issued this oversized piece as part of a broader wave of large-format silver issues that swept through Francophone African monetary authorities in the 1990s, largely driven by European bullion dealers and numismatic distributors seeking novel products for collector markets. The coins were legal tender in name, but no one ever spent one. The issuing authority — a supranational central bank serving Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon — had little operational involvement in the distribution chain.

At a kilogram of .999 silver, the face value of 20,000 francs CFA was nominal fiction at the time of issue.

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