France 1691-& louis d'or

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from Stack's Bowers 2016 ANA sale, lot 20427
France SB816-20427r.jpg

This specimen was lot 20427 in Stack's Bowers ANA sale (Anaheim, CA, August 2016), where it sold for $4,700. The catalog description[2] noted, "FRANCE. Louis d'Or, 1691-&. Aix Mint. Louis XIV (1643-1715). NGC MS-62. RARE. Two year issue and without a price in Krause for 1691 dated examples. A marvelous example with bright yellow surfaces and free of major marks. A touch of weakness seen through the portrait, but without a trace of wear." This type is usually found struck over older coins, a process involving all French silver and gold coinage during 1690-1709. These "reformations" were the result of financial manipulations too tedious to discuss here. The louis d'or à l'écu was succeeded by the louis d'or aux 4 L struck 1693-1700. Both these types are the first somewhat common gold coins since the 1640's but all are expensive relative to the silver écus. Droulers[1] gives this date a 20% premium over the common date (1690-A).

Recorded mintage: 1,372 plus 137,066 struck over older coins[1], a fairly common date.

Specification: 6.75 g, .917 fine gold, plain edge, designed by Jean Warin.

Catalog reference: Dr/4 no. 405, Dr/2 no. 257, Fr-429; KM-278.18; Gad-250.

Source:

  • [1]Droulers, Frédéric, Répertoire General des Monnaies de Louis XIII à Louis XVI (1610-1792), 4e édition, Paris: AFPN, 2009.
  • Duplessy, Jean, Les Monnaies Françaises Royales de Hugues Capet à Louis XVI (987-1793), Tome II, 2e édition, Paris: Maison Platt, 1999.
  • Gadoury, Victor, Monnaies Royales Françaises, 1610-1792, 4me éd., Monaco: Éditions Victor Gadoury, 2012.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • [2]Ponterio, Richard, The August 2016 Anaheim ANA Auction: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2016.

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