France 1693-D louis d'or Fr-429

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Jean Elsen sale 131, lot 907
This specimen was lot 907 in Jean Elsen sale 131 (Brussels, December 2016), where it sold for €4,200 (about US$5,267 including buyer's fees). The catalog description[1] noted,
" FRANCE, Royaume, Louis XIV (1643-1715), AV louis d'or à l'écu, 1693D, Lyon. Flan neuf. D/ T. vieillie à d., coiffée d'une perruque laurée. R/ Ecu de France couronné. Extrêmement rare Fines stries de polissage du coin au droit. Superbe. (kingdom of France, Louis XIV (1643-1715), gold louis d'or of the shield of 1693, Lyon mint, struck on new blank. Obverse: old laureate, peruked head to right; reverse: crowned arms of France. Extremely rare, die polish lines on obverse, extremely fine.)"
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 reported, not confirmed.

Recorded mintage: 13,597 "flans neufs" plus a few "flans reformés" plus about 296,000 louis d'or aux 4 L.

Specification: 6.75 g, .917 fine gold, reeded edge, 24-26 mm diameter, designed by Joseph Roéttiers, this specimen 6,74 g.

Catalog reference: KM 278.9, Dr/4 no. 406, Dr/2 no. 258, Dupl. 1435, Gad. 250 (hors cote); L4L 243 (hors cote).

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 131, Brussels: Jean Elsen et ses Fils S.A., 2016.

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