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The New York Sale
Auction 49  15 Jan 2020
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Lot 1112

Starting price: 1200 USD
Price realized: 1900 USD
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France
Napeoleon III (1852-1870). Gold 100 Francs, 1858-A (Paris). Bare head right. Rev. Crowned Imperial arms, value at sides, date below (Fr 569; KM 786.1; Gad 1135). In PCGS holder graded MS 63. Value $1,500 - UP
After the coup of 1851, Louis Napoleon initially contented himself with the new title of Prince President, but just less than a year later, on December 2, 1852, he arranged the proclamation of a Second French Empire with himself ruling as Emperor Napoleon III. His reign was beneficial to France in many ways. He oversaw the rebuilding of Paris, which had been damaged over the preceding decades by repeated revolutions and foreign occupation; He enacted forward-thinking social reforms aimed at improving the lot of the working class-including the right to strike; and oversaw increasing economic prosperity. Nevertheless, political opposition to his reign began to mount in the 1860s on the grounds that the reign of Napoleon III prevented the French people from enjoying the republic that so many had died to establish in the 1790s. Trouble was certainly in the offing, but Napoleon III ultimately did himself in when he allowed himself to be lured into the disastrous Franco-Prussian War. In this conflict not only was the Empire defeated by superior Prussian forces, but he surrendered and was taken captive following the infamous battle of Sedan on September 2, 1870. In the following year the National Assembly formally deposed Napoleon III and he went into exile in England.
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