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France

The gold 5 francs of Napoleon III

France · 1854-1868 · Gold

Written by the Maison Or & Bijoux Cannes team · updated

ObverseReverse
Photo to come.
Specifications
CountryFrance
MetalGold at 900 thousandths
Weight1.6129 g
Fine gold1.4516 g
DiameterSmall module: about 14.4 mm; large bare-head module: 16.7 mm; laureate head: 17 mm
StruckFrom 1854 to 1868, no coins in 1861
MintsA (Paris), BB (Strasbourg)
Pieces madeNearly 46.7 million in all, about 18 million of them laureate heads
Catalogue numbersLe Franc F.500 to F.502; KM 787 (bare head) and KM 803 (laureate head)

Two portraits, three sizes, one weight: the gold 5 francs struck under Napoleon III from 1854 to 1868 can be classified in seconds once you know where to look. The bare head covers 1854 to 1860, first on a small and then on a large flan; the laureate head follows from 1862 to 1868. With 1.61 g of 900‰ gold, the coin weighs a quarter of a 20 francs of the same period.

Identification

The gold 5 francs of Napoleon III: how to recognise it

Obverse

Effigy of Napoleon III in profile, looking right, with the legend “NAPOLEON III EMPEREUR” in an arc. Two portraits follow one another: the bare head (1854-1860), then the head bound with laurel, a ribbon floating behind the nape (1862-1868). Signature BARRE at the base of the neck.

Reverse

In the centre, “5 / FRANCS” and the date, inside a wreath made of two tied laurel branches. Circular legend “EMPIRE FRANÇAIS”. The mint mark, A (Paris) or BB (Strasbourg), sits under the knot between two privy marks.

Edge
Reeded on almost every coin; only some 1854 small modules have a plain edge.
Engraver
Bare head by Jacques-Jean Barre; laureate head by Albert-Désiré Barre, who became Chief Engraver in 1855 in succession to his father.
Dates and mintages

The gold 5 francs of Napoleon III: key dates

The mintages below come from BDOR, in date order. The large bare head exceeds 24 million pieces, the laureate head 18 million. The thinnest dates are the 1855 large module (1,352 pieces), the 1858 BB (31,488) and, among laureate heads, the final Strasbourg run of 1868.

The gold 5 francs of Napoleon III: dates and mintages
YearMintMintageNote
1854A3,562,208First format, 14.4 mm
1855A937,732Last small module
1855A1,352First large module, minute mintage
1856A2,960,085Exists with 6 over 5
1857A3,479,167Paris only
1858A2,982,985
1858BB31,488First Strasbourg date
1859A5,659,773Most plentiful year
1859BB2,247,999
1860A4,798,1306 over 5 and bee varieties
1860BB2,021,675Last BB bare head
1862A1,100,515First laureate
1862BB882,075First BB laureate
1863A1,590,708
1863BB1,103,564
1864A2,239,561Highest laureate mintage
1864BB899,564
1865A824,020Lowest Paris laureate mintage
1865BB927,585
1866A1,948,610
1866BB1,388,489
1867A1,006,173
1867BB1,504,435
1868A1,864,491Type closes
1868BB726,994Lowest laureate mintage

Main source: BDOR. CGB gives 936,176 pieces for the 1855 small module, and Heritage 1,177,494 for 1862 A. Varieties, taken from Le Franc, have no separate line.

Classify your coin in three questions

First question: does the portrait wear a laurel wreath? If so, the coin dates from 1862 to 1868 and measures 17 mm. If not, it is a bare head, struck between 1854 and 1860.

Second question, for the bare head: how big is it? Around 14.4 mm, it is the small module of 1854-1855; around 16.7 mm, the large module introduced in 1855. Both weigh exactly the same, the second simply being wider and thinner.

Third question: which letter appears under the knot on the reverse? A means Paris, BB Strasbourg. The small module exists only with A, and the BB mint struck the type only from 1858.

Why the small module is uncommon

The decree of 12 January 1854 created a coin of about 14.4 mm, at first with a plain edge, then with a reeded one after a decree of July that year. The experiment was short-lived. In July 1855, 888,000 pieces were handed over for melting on the minister's decision, and the type lost legal tender status in 1859.

Out of some 4.5 million small modules struck, a sizeable share therefore vanished within months. The 1855 date, struck at under a million, is the scarcer of the two.

Laureate or bare: what the second portrait changes

The laureate portrait, engraved by Albert-Désiré Barre, was introduced in 1862 after a blank year: no gold 5 francs is dated 1861. The diameter grows to 17 mm. The reverse, however, keeps its laurel wreath, whereas the laureate 20 francs Napoleon III received the arms of the Empire.

Fewer laureate heads were made than large bare heads, and Strasbourg plays a bigger part: the BB mint struck every year from 1862 to 1868 and outdid Paris in both 1865 and 1867.

Neighbouring coins not to confuse

  • Gold 10 francs of the same reign: the first module of 1854-1855 is 17 mm, like a laureate 5 francs, but weighs twice as much, about 3.22 g. Read the figure on the reverse, or see the page on the gold 10 francs.
  • Silver 50 centimes: 18 mm, 2.5 g, white metal and the mark “50 C”.
  • Silver 5 francs: no likeness in size, 37 mm for 25 g; see the silver 5 francs crown.
  • Ceres gold 5 francs: struck from 1878 to 1889 under the Third Republic, with no emperor's portrait.

Examine, keep, beware

A ten-power loupe and a lamp held at an angle are enough. Wear first attacks the hair near the ear and the cheek on the bare head, the laurel leaves on the laureate head, then on the reverse the veins of the branches and the knot. Most family coins grade between Fine and Very Fine; an Extremely Fine piece keeps some original brightness near the letters. Each grade is set out on the grading page (in French).

Light and small, the coin often ended up as jewellery. Solder on the edge, flattened reeding, a filled hole or a re-polished area all point to a past mount. To rule out a copy, combine weighing, measuring the diameter for the type and checking the reeding and signature; the guide to fake coins goes further. And never rub the surface, as the guide on cleaning explains (both in French).

In Cannes

The gold 5 francs of Napoleon III on the French Riviera

The years of the laureate 5 francs are also those in which Cannes changed its face. Having become a health resort in the nineteenth century, the town filled with holiday residences built by English and Russian aristocrats, and the railway reached it in the spring of 1863, when its station opened on the section from Les Arcs. No record says which coins paid the winter visitors' bills; the small gold pieces of the Second Empire, bare head or laureate, are simply among what may turn up today in estates in the area. Their big brother is described on the page for the 20 francs Napoleon III.

The gold 5 francs of Napoleon III: frequently asked questions

How can I tell whether my coin is a bare head or a laureate head?

Look at the portrait: a wreath of leaves in the hair and a ribbon at the nape mark the laureate head, struck from 1862 to 1868. Without a wreath, it is the bare head, dated 1854 to 1860.

Was the laureate head struck in Strasbourg?

Yes, every year from 1862 to 1868, under the letters BB. In 1865 and 1867 Strasbourg even produced more than Paris.

What is the difference between a small and a large module?

The weight is the same, 1.61 g; only the diameter changes, about 14.4 mm for the 1854-1855 small module against 16.7 mm for the large one. A numismatist can help you decide during a free appraisal.

Was the gold 5 francs part of the Latin Union?

The monetary convention of 23 December 1865 lists the gold 5 francs piece among the planned denominations. France nevertheless stopped striking it as early as 1868.