Aphnaeus argyrocyclus, the Rare Silver Spot, is a butterfly in the Lycaenidae family. It is found in Ivory Coast, Ghana, Nigeria (the eastern part of the country and the Cross River loop), Cameroon, Gabon, the Republic of Congo, the Central African Republic, the Democratic Republic of Congo (Equateur, Tshopo and Maniema), Uganda and north-western Tanzania. The habitat consists of forests. The larvae feed on Alchornea cordifolia.