  We report the first observation of the 2$^+$ isomer in $^{52}$Co, produced in
the $\beta$ decay of the 0$^+$, $^{52}$Ni ground state. We have observed three
$\gamma$-rays at 849, 1910, and 5185 keV characterizing the $\beta$
de-excitation of the isomer. We have measured a half-life of 102(6) ms for the
isomeric state. The Fermi and Gamow-Teller transition strengths for the $\beta$
decay of $^{52m}$Co to $^{52}$Fe have been determined. We also add new
information on the $\beta$ decay of the 6$^+$, $^{52}$Co ground state, for
which we have measured a half-life of 112(3) ms.
