France 1691-& 2 louis d'or

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from Heritage sale 3049, lot 30736
France H3049-30736r.jpg
This specimen was lot 30736 in Heritage sale 3049 (Long Beach, September 2016), where it sold for $4,993.75. The catalog description[1] noted,
"Louis XIV gold 2 Louis d'Or 1691-& XF Details (Surface Hairlines) NGC, Aix mint, Listed simply a[s] 'Rare' in the Standard Catalog of World Coins and similarly treated in Gadoury with only dashes where most issues have prices. In addition to this piece's considerable rarity, it's also rather attractive, and far exceeds the appearance one might expect from the NGC grade. In fact, it's hard to not find the NGC grade incredibly conservative, as the strike is actually rather bold for the type with few remnants of the undertype and actual friction on the surfaces is confined to the highest points, the fields retaining much of their original flash. Extremely trivial hairlines can be detected upon magnified inspection, but otherwise their presence is essentially nonexistent. All considered, a coin that will undoubtedly appeal heavily to the specialist with little to no concessions having to be made on quality as is often the case with extreme rarities."
This double louis d'or à l'écu was the first double louis to be struck in France since the double louis d'or à la méche longue issued in the 1650's. The type as a whole is scarce to rare so there is little premium for rare dates.

Recorded mintage: 4,310 fn plus 42,774 rf. This date listed but not priced in Droulers.

Specification: 13.50 g, .917 fine gold, reeded edge, designed by J. Roéttiers.

Catalog reference: KM280.15, Fr-428, Gad-259.

Source:

  • 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.
  • 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.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3049, featuring the Ohio Valley Collection, the Redwood Collection and the F.P. Briand Collection, Dallas, TX: Heritage Auction Galleries, 2016.

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