France 1701-L louis d'or

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Jean Elsen sale 141, lot 1327
This specimen was lot 1327 in Jean Elsen sale 141 (Brussels, June 2019), where it sold for €550 (about US$729 including buyer's fees). The catalog description[1] noted,
"FRANCE, Royaume, Louis XIV (1643-1715), AV louis d'or aux huit L et aux insignes, 1701L, Bayonne. 3e réformation. D/ T. laurée à d., les cheveux courts. R/ Croix formée de huit L couronnés, brochant sur un sceptre et une main de justice. Très Beau. (kingdom of France, Louis XIV, 1643-1715, gold louis of the eight "L's" and insignia of 1701, Bayonne mint, third reformation. Obverse: laureate head right with short hair; reverse: cross formed of eight "L's" over a scepter and the hand of justice. Very Fine.)"
This louis d'or aux huit L et aux insignes was struck 1700-04. 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 The louis d'or à l'écu was succeeded by the louis d'or aux 4 L struck 1693-1700, in turn superseded by the type shown here. Droulers[2] prices this issue as a slightly better date tho none are common.

Recorded mintage: 6,395 + some rf[2].

Specification: 6.75 g, .917 fine gold, 24-26 mm diameter, reeded edge, designed by Joseph Roéttiers, this specimen 6,71 g.

Catalog reference: Dr/4 no. 414, Dr/2 no. 270, Dupl-1443A; Gad-253.

Source:

  • Duplessy, Jean, Les Monnaies Françaises Royales de Hugues Capet à Louis XVI (987-1793), Tome II, 2e édition, Paris: Maison Platt, 1999.
  • [2]Droulers, Frédéric, Répertoire General des Monnaies de Louis XIII à Louis XVI (1610-1792), 4e édition. Paris: AFPN, 2009.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Gadoury, Victor, Monnaies Royales Françaises, 1610-1792, 4me éd., Monaco: Éditions Victor Gadoury, 2012.
  • [1]Elsen, Philippe, et al., Vente Publique 141, Brussels: Jean Elsen et ses Fils, S.A., 2019.

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