FRANCE - FRANCE Second Republic (1848-1852). Test piece of 5 francs, 1848 competition, 1st type by Gayrard [unsigned], Frappe spéciale (SP) 1848, Paris. FRENCH REPUBLIC. Bust of the Republic left, crowned with laurel, with the remains of the lion with its paws tied in front of its neck [unsigned]. Rv. LIBERTÉ* ÉGALITÉ* FRATERNITÉ. Within a wreath formed of an olive branch and an oak branch: 5 FRANCS (date). G.697P - Maz.1281f v. - VG.3074 v. ; Bronze - 57.47 g - 37 mm - 6 h Top Pop: the only graded example! PCGS SP63BN (57651994). Edge in relief: + COMPETITION / MONETARY / + PIEFORT. An old scratch on the cheek. Retains some shine under a glossy brown patina. Superb at Fleur de coin. * Following Council Directive (EU) 2022/542 of April 5, 2022, implemented in national law from 01/01/2025, buyers from within the EU have to pay 5.5% VAT on the hammer price of this lot. * Following Council Directive (EU) 2022/542 of April 5, 2022, implemented in national law from 01/01/2025, buyers from within the EU have to pay 5.5% VAT on the hammer price of this lot.