France 1702-9 louis d'or

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Heritage sale 3026, lot 26931
Reverse image is upside down--mint mark is actually a '9' not a '6'.

This specimen was lot 26931 in Heritage sale 3026 (Long Beach, October 2013), where it sold for $528.75. The catalog description[1] noted, "Louis XIIII gold Louis d'Or 1702 Rennes, AU Details, mount mark at the top and polished surfaces, bold date, struck over an earlier coin." Droulers[2] calls this type louis d'or aux 8 L et aux insignes (louis with 8 L's and insignia). 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 aux 8 L, struck 1700-04, was succeeded by the louis d'or aux insignes struck 1704-09. Droulers[2] gives this date from the Rennes mint a 15% premium over the common date (1701-A) but none are cheap.

Recorded mintage: 397 on new blanks plus 96,000 "flans reformés"[1].

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

Catalog reference: KM 334.25, Dr/4 no. 414, Dr/2 no. 270.

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.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Bierrenbach, Cristiano, Warren Tucker and Scott Cordry, Heritage Signature Auction 3026, World & Ancient Coins, featuring the RLM Collection, Part Two, the Nogales Collection and the Goetz Medals Die Archive, Dallas, TX: Heritage Auction Galleries, 2013.

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