Watch List notes:

FRANCE, Second Empire. Napoléon III. 1852-1870. Altered CU 5 Centimes (25mm, 4.82 g, 6h). Napoléon's Humiliation at Sedan. Made circa 1870. 1856 A 5 Centimes, altered to depict Napoléon in a Prussian shako. Collignon, Guerre p. 56 note. Brown surfaces. VF.

From the J. Eric Engstrom Collection.