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African Currency Cfa

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Nic's Avatar
Philippines
1156 Posts
 Posted 12/22/2009  03:50 am Show Profile   Bookmark this topic Add Nic to your friends list Get a Link to this Message Number of Subscribers
the monetary union of africaine franc currency is used by 14 countries, would appreciate any info on the type of markings? on the coins to differentiate each country.

I know only of the letter "E" at Rev on top and "ESSAI" on the elands top left horn. That would be for Cameroon

What would be the marks to look for, for the other countries?
these are
Benin
Burkina Faso
Central African Republic
Chad
Republic of the Congo
Cote D'Ivoire
Equatorial Guinea
Gabon
Guinea-Bissau
Mali
Niger
Senegal
Togo

Thank you

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Sap's Avatar
Australia
16837 Posts
 Posted 12/22/2009  06:20 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The CFA franc is subdivided into two separate monetary unions, the "West African States" and the "Central African States" (the successors to the two old French colonial divisions of French West Africa and French Equatorial Africa). While the West African and Central African francs are essentially equivalent (they are both pegged at 656 francs to the euro), they are not interchangeable - West African francs are not legal tender in Central Africa, and vice versa.

Coinage of the West African monetary union (Benin, Burkina Faso, Cote d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo) is not, and never has been, differentiated by country - there are no distinguishing marks or "mintmarks" on any of the coins. Most of these countries are often the last to be filled for an OFEC collector, because the only way to obtain a "coin from that country" is to buy an expensive NCLT.

In the Central African monetary union (Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon) things were different and, up to 1996, much more diverse. The 1, 5 and 10 franc coins have no national marks. The 100 franc coins have the name of the country stamped on them in full, and these 100 franc coins are usually listed separately, under the countries of issue.

It's only the 50 and 500 franc coins that are distinguished by letter-codes, which resemble mintmarks. The following codes were used:

A: Chad
B: Central African Republic/Empire
C: Congo-Brazzaville
D: Gabon
E: Cameroon

Equatorial Guinea might have been letter "F" had the system remained in use past 1996, but no coins with this letter were issued. Being the only Spanish-speaking member of the union, an entirely separate coinage for Equatorial Guinea, denominated in "francos", was issued as an interim measure; these coins are filed under "Equatorial Guinea" in the catalogue. No coins issued since 1996 have had any distinguishing letter codes on them at all.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Nic's Avatar
Philippines
1156 Posts
 Posted 12/22/2009  11:32 pm  Show Profile   Bookmark this reply Add Nic to your friends list Get a Link to this Reply
Thank you sap for the detailed info. much appreciated, that leaves me with the A to E codes for the Central African states and for the West african states it appears an expensive NCLT is the only way for the "coin from there" which is the very basis of my collection...and yes, most likely those will be the last ones to be filled

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