France 1692-L louis d'or

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Heritage sale 3010, lot 20870
France 1692L louis dor rev Heritage 3010-20870.jpg

This specimen was lot 20870 in Heritage sale 3010 (Boston, August 2010), where it sold for $1,495. The catalog description[1] noted, "Louis XIIII gold Louis d'Or 1692L, MS61 ANACS, Bayonne, date listed as RARE in the SCWC. Fully lustrous and attractive, struck over an earlier gold Louis, but with bold details nevertheless." Droulers[2] calls this type louis d'or à l'écu (louis of the shield). This louis d'or à l'écu was struck 1690-93. 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[2] catalogs this date as rare.

Recorded mintage: 18,327 "flans neufs" plus a few "flans reformés".

Specification: 6.75 g, .917 fine gold, reeded edge, 24-26 mm diameter, designed by Joseph Roéttiers.

Catalog reference: KM 278.9, Dr/4 no. 406, Dr/2 no. 258.

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]Tucker, Warren, Scott Cordry and John Kraljevich, Heritage Sale 3010: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.

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