{"product_id":"1983-west-african-states-ivory-coast-500-franc-banknote-cote-divoire-a-1983-west-africa-ivory-coast-five-hundred-francs-note-p-106af-copy","title":"1985 West African States Togo 500 Franc Banknote - Togo (T) Series - 1985 West Africa Togo Five Hundred Francs Note - P#806Th","description":"\u003cp\u003eThis listing is for the photographed 1985 Central Bank of the West African States Togo 500 Franc Banknote. This note was issued by the Central Bank of the West African States, which issued similar notes to be circulated throughout the West African States. This note was issued for use in Togo, as identified by the letter \"T\" printed within the series number of the note, as each country had a corresponding letter identifying their currency among all of the similar notes of the West African States. The obverse of this note features an African carved wooden mask on the left end, a herd of Zebu cattle at the center, and a herdsman on the right end. The reverse shows an oil palm tree on the left end, an aerial view of a village at the center, and an African carved wooden mask on the right end. Beautifully detailed banknote design! Uncirculated (UNC) grade\/condition, no signs of circulation, crisp note! Fantastic piece of history with an interesting origin! P#806Th (Pick Number 806Th).\u003c\/p\u003e\n\u003cp\u003eIn 1955 the French Government transferred the issuance of banknotes for its colonies in West Africa to the newly established Banque Centrale des Etats de L'Afrique de L'Ouest (BCEAO), or the Central Bank of the West African States. In 1962 the West African Monetary Union was established, giving the BCEAO exclusive rights to banknote issuance among all of the member countries. At the time of its establishment seven countries were members of the West African Monetary Union; the Ivory Coast, Republic of Dahomey (Benin), Haute-Volta (later Burkina Faso), Mali, Mauritania, Niger, and Senegal. On December 17th, 1963, the country of Togo joined the Monetary Union. Along with establishing a central issuing authority among the West African States, the union also guaranteed unlimited convertibility between the colonial African franc and the French franc at a fixed exchange rate of 50 colonial African francs to 1 French franc. The BCEAO began issuing paper currency in each of the unions countries almost immediately, all of which shared the same design with the only thing differentiating them being a printed letter in their series number that corresponds to their country of issuance. This is a list of the letters and their corresponding issuing country:\u003c\/p\u003e\n\u003cp\u003eA- Ivory Coast, B- Benin, C- Burkina Faso, D- Mali, H- Niger, K- Senegal,  S- Guinea-Bissau, T- Togo\u003c\/p\u003e\n\u003cp\u003eThanks for stopping by!\u003c\/p\u003e\n\u003cp\u003e1985 West African States Togo 500 Franc Banknote - Togo (T) Series - 1985 West Africa Togo Five Hundred Francs Note - P#806Th\u003c\/p\u003e","brand":"Treasure Hunter Co","offers":[{"title":"Default Title","offer_id":67748180918569,"sku":"TGO-500F-1985-P806Th-UNC","price":18.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0793\/1540\/3049\/files\/IMG_9660.jpg?v=1793811653","url":"https:\/\/treasurehunterco.com\/th\/products\/1983-west-african-states-ivory-coast-500-franc-banknote-cote-divoire-a-1983-west-africa-ivory-coast-five-hundred-francs-note-p-106af-copy","provider":"Treasure Hunter Co","version":"1.0","type":"link"}