France 1702-A 1/2 louis d'or

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Jean Elsen sale 141, lot 1331
This specimen was lot 1331 in Jean Elsen sale 141 (Brussels, June 2019), where it sold for €1,600 (about US$2,121 including buyer's fees). The catalog description[1] noted,
"FRANCE, Royaume, Louis XIV (1643-1715), AV demi-louis d'or aux huit L et aux insignes, 1702A, Paris. 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. Rare. Superbe. Provient de notre vente 83, 12 mars 2005, 2052. (kingdom of France, Louis XIV, 1643-1715, gold half louis of the eight "L's" and insignia of 1702, Paris 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. Rare, Extremely Fine.)"
This demi-louis d'or aux huit L et aux insignes was struck 1701-03. 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 The demi-louis d'or à l'écu was succeeded by the demi-louis d'or aux 4 L struck 1693-1700, in turn superseded by the type shown here. Droulers[2] prices this date slightly higher than the commonest date, 1701-A.

Recorded mintage: unknown, all rf[2].

Specification: 3.37 g, .917 fine gold, 21 mm diameter, reeded edge, designed by Joseph Roéttiers, this specimen 3,39 g.

Catalog reference: Dr/4 no. 423, Dr/2 no. 271, Dupl-1444A; Gad-241.

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.
  • 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.
  • [1]Elsen, Philippe, et al., Vente Publique 141, Brussels: Jean Elsen et ses Fils, S.A., 2019.

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