Due to the high anisotropy of the dc conductivity (o,,/oL = lo4) the organic conductor (fluoranthene),X can be regarded as a model system for studying the Peierls instability in quasione-dimensional systems. The temperature dependence of the dc conductivity o,, ( T ) along the highly conducting crystal axis exhibits the typical behaviour of a quasi-one-dimensional metal with a Peierls transition at about 180 K to a charge density wave (CDW) ground state. As expected for a highly onedimensional conductor the exact transition temperature depends on three-dimensional coupling effects and therefore on the size of the counterion X -= PF, , AsF, , SbF, . Above the Peierls transition cr,, ( T ) can be described quantitatively within a model of CDW fluctuations leading to a pseudo gap in the electronic density of states. Below, the existence of a real energy gap at the Fermi level with a BCS-like temperature dependence determines the charge transport over more than eight orders of magnitude in the electrical resistance. For the intrinsic energy gaps 2A(O), which characterize the ground state of the Peierls semiconductor, values of 120-180 meV have been found for different crystals.