Watch List notes:

FRANCE, Second Empire. Napoléon III. 1852-1870. Altered CU 10 Centimes (30mm, 9.68 g, 6h). Napoléon's Humiliation at Sedan. Made circa 1870. 1855 A 10 Centimes, altered to depict Napoléon in a Prussian pickelhaube, with chained collar around his neck reading LACHE (coward!). Collignon, Guerre p. 56 note. Brown surfaces. VF.

From the J. Eric Engstrom Collection.