Preliminary identification

French 2 Francs Coin, 1943 (Vichy Regime)

Photo reference

2 uploaded photos

Overview

A 1943 aluminum-bronze 2 Francs coin featuring the profile of Marianne on the obverse and the denomination flanked by oak leaves on the reverse. This specific issue was minted during the German occupation of France under the Vichy government.

Story

Struck in 1943, this coin circulated through the pockets of a divided France. While the obverse still bears the face of Marianne, the symbol of liberty, the nation was under the shadow of the Vichy regime and Nazi occupation.

Maker / Origin

The coin was designed by Pierre-Alexandre Morlon, a renowned French medalist whose 'Morlon Type' became a staple of French currency. His work captured the transition of France through its most turbulent 20th-century chapters.

Condition & Value

The coin shows moderate circulation wear, particularly on the high points of Marianne's face. There appears to be some green oxidation (verdigris) on the obverse, which significantly lowers the numismatic value.

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Sold comps, value drivers, and venue guidance pulled from recent auction results.

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Market Analysis

Comparable demand stays strongest where maker, originality, and venue confidence line up. Broader examples still trade, but the range tightens quickly when provenance, condition, or selling lane fit is missing.

Value Drivers

  • Strong maker attribution with credible period details
  • Better-than-average condition for the category
  • Broader demand rises when presentation and finish feel intact

Concerns

  • Decorative-only demand limits the ceiling
  • Surface wear or missing provenance can compress the range fast
  • Regional sale lanes often underperform specialist venues

Best Venue

Specialty auction or a focused dealer with buyers already in this lane.

Comparable Sales

5 comps
Regional auction· Jun 2024
$1,280

Signed example with light edge wear and original frame.

Dealer archive· Mar 2024
$1,450

Comparable format with stronger provenance and cleaner surface.

Marketplace sale· Jan 2024
$980

Smaller related piece with visible craquelure and trimmed margins.

Estate platform· Oct 2023
$1,150

Period match with softer condition and weaker subject matter.

Auction result· Aug 2023
$1,375

Close market lane comp with similar material and presentation.