1955 20 Francs PCGS SP63


Republic gold Specimen Medallic. Paris mint, Maz-2776a, Gad-867. A Very Rare issue, presented with light cameo contrast and struck to commemorate the mint visit of President René Coty of France. The screw-press reverse design should add significantly to this piece's incredible collector appeal. The first we've offered of the type ever. Very Rare!

Jules Gustave René Coty was President of France from 1954 to 1959. He was the second and last president of the Fourth French Republic. As President of the Republic, Coty was even less active than his predecessor in trying to influence policy. His presidency was troubled by the political instability of the Fourth Republic and the Algerian question. With the deepening of the crisis in 1958, on 29 May of that year, President Coty appealed to Charles de Gaulle, the "most illustrious of Frenchmen" to become the last Prime Minister of the Fourth Republic. Coty had threatened to resign if de Gaulle's appointment was not approved by the National Assembly. De Gaulle drafted a new constitution, and on 28 September, a referendum took place in which 79.2% of those who voted supported the proposals, which led to the Fifth Republic. De Gaulle was elected as President of the new Republic by parliament in December, and succeeded Coty on 9 January 1959.

Additional Rarity: A Republic silver Specimen Essai 20 Francs 1939 SP67 sold at auction on January 7, 2018 for $4,465.