Watch List notes:

(g) France, Second Empire, Napoléon III (1852-70), gold 5-Francs, 1854-A, Paris, small flan issue, "tranche lissé" type, edge plain (Le Franc 500.1; Gad 1000; Fb 578; KM 783), a most choice example with attractive cartwheel mint lustre, in PCGS holder, graded MS65, one of the finest extant on the population report.
PCGS Certification #36122228