France 1691-B louis d'or

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Sincona sale 38, lot 1296
This specimen was lot 1296 in Sincona sale 38 (Zurich, May 2017), where it sold for 1,300 CHF (about US$1,559 including buyer's fees). The catalog description[2] noted,
"FRANCE, Königreich, Louis XIV. 1643-1715 Louis dor à lecu 1691 B. Rouen Réformation. Vorzüglich. (kingdom of France, Louis XIV, 1643-1715, louis d'or à l'écu of 1691, Rouen mint, reformed, 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. Droulers[1] gives this date a 20% premium over the common date (1690-A).

Recorded mintage: unknown but mostly struck over older coins[1], a slightly better date.

Specification: 6.75 g, .917 fine gold, plain edge, designed by Jean Warin. This specimen is 6.72 g.

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]Jürg Richter, Auction 38, Gold Coins and Medals, Zurich: Sincona AG, 2017.

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