African States 500 francs 10th Anniversary of Monetary Union silver coin 1972

The silver 500 Francs coin of 1972, issued by the West African States, commemorates the 10th Anniversary of the Monetary Union of West Africa (UMOA). This union, created in 1962, symbolized a historic step in strengthening economic cooperation among newly independent African nations. The obverse of the coin features a striking African mask, stylized in traditional art, flanked by inscriptions marking the founding date 1 Novembre 1962 and the jubilee year 1 Novembre 1972. Around the edge, the legend Banque Centrale des États de l’Afrique de l’Ouest emphasizes the unity and cultural identity of the region.

On the reverse, the design highlights the cooperative spirit of the member states with nine shields bearing national emblems of Benin, Burkina Faso (then Haute-Volta), Côte d’Ivoire, Mali, Mauritania, Niger, Senegal, and Togo. At the center appears the denomination 500 Francs and the date 1972, encircled by geometric ornaments that echo traditional African decorative motifs.

Struck in silver with a prooflike finish, this commemorative coin is more than a monetary instrument — it is a celebration of independence, cooperation, and African identity. A rare piece of numismatic history, it appeals to collectors of world silver, African themes, and historical anniversary issues.

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