France 1691-A louis d'or

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Jean Elsen sale 134, lot 1696
This specimen was lot 1696 in Jean Elsen sale 134 (Brussels, September 2017), where it sold for €1,300 (about US$1,836 including buyer's fees). The catalog description[1] noted,
"FRANCE, Royaume, Louis XIV (1643-1715), AV louis d'or à l'écu, 1691A, Paris. 1e réformation. D/ T. vieillie à d., coiffée d'une perruque laurée. R/ Ecu de France couronné. Très Beau à Superbe. (kingdom of France, Louis XIV, 1643-1715, gold louis of the shield of 1691, Paris mint, first reformation. Obverse: old peruked bust to right; reverse: crowned arms of France. Very fine to extremely fine.)"
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. This is the commonest date after 1690-A and 1693-A.

Recorded mintage: 177,293[2] on new blanks + more on "reformed" blanks.

Specification: 6.75 g, .917 fine gold, plain edge, designed by J. Roéttiers, this specimen 6,68 g.

Catalog reference: Dr/4 no. 405, Dr/2 no. 257, Fr-429; KM-278.1, Dupl. 1435A; Gad-250.

Source:

  • [2]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]Elsen, Philippe, et al., Vente Publique 134, Brussels: Jean Elsen et ses Fils S.A., 2017.

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