France (1411) ecu d'or Fr-291

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from the Stack's Bowers 2019 NYINC sale, lot 40150
France SB119-40150r.jpg

This specimen was lot 40150 in Stack's Bowers NYINC sale (New York, January 2019), where it did not sell. The catalog description[1] noted, "FRANCE. Ecu d'Or, ND (5th emission, 2 November 1411). Paris Mint. Charles VI (1380-1422). PCGS MS-64 Gold Shield. 3.76 grams. Ecu d'or à la couronne type. Although somewhat available as a issue, extremely collectible in this condition, with crisp detail in the centers, full legends and a perfectly round flan that is void of the commonly seen waviness. The single finest graded of its kind at PCGS as well, which only serves to boost the desirability to even higher heights." This écu d'or à la couronne replaced the franc à cheval of the previous reign and was initially valued at 22 sols, 6 deniers tournois, which was raised to 30 sols in 1419 and 40 sols in 1420 then back to 22 sols, 6 deniers later that year. The écu d'or would remain the primary French gold coin thru the reign of Louis XIII but would never remain stable either in weight or in value. The manipulations of Charles VI are recorded as follows:

  • 1st emission (March 1385): 4.07 g, 1.000 fine gold;
  • 2nd emission (February 1388): 3.99 g, 1.000 fine gold;
  • 3rd emission (September 1389): same as the second;
  • 4th emission (July 1394): 3.94 g, 1.000 fine gold;
  • 5th emission (shown here): 3.82 g, 1.000 fine gold;
  • 6th emission (March 1419): 3.82 g, .958 fine gold;
  • 7th emission (February 1420): 3.65 g, .958 fine gold;
  • 8th emission (December 1420): 3.70 g, 1.000 fine gold.

Recorded mintage: unknown.

Specification: 3.82 g, 1.000 fine gold, this specimen 3.45 grams.

Catalog reference: Fr-291; Dupl-369D, Ciani-489.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • [1]Ponterio, Richard, Kyle Ponterio, Matt Orsini and Cris Chatigny, The January 2019 NYINC Sale: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2018.
  • Duplessy, Jean, Les Monnaies Françaises Royales de Hugues Capet à Louis XVI (987-1793), Tome I, 2e édition, Paris: Maison Platt, 1999.

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