France 1696-BB 2 louis d'or

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UBS sale 84, lot 759
This specimen was lot 759 in UBS sale 84 (Basel, January 2010). The catalog description[1] noted,
"FRANKREICH Königreich. Louis XIV. 1643-1715. 2 Louis d'or au quatre L 1696, Strassburg. Belorbeertes Brustbild nach rechts, darunter die Jahreszahl. Rv. Vier gekrönte Lilien ins Kreuz gestellt, in den Winkeln vier L, im Zentrum das Mzz. Réformation. Lt. just. Sehr schön-gutes sehr schön" (kingdom of France, Louis XIV, 1643-1715, double louis d'or au quatre L, 1696, Strasbourg mint. Laureate bust to right, date below. Rev: four crowned lilies in cross formation, four "L's" in the spaces, mintmark in the center. Restruck over earlier type, very fine to good very fine).
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 double louis d'or à l'écu was succeeded by the double 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] prices this issue as a slightly better than average date.

Recorded mintage: 1,948 struck on new flans plus an unknown number of "reformations".

Specification: 13.5 g, .917 fine gold, reeded edge, 28-30 mm diameter, designed by Joseph Roëttiers, this specimen: 13.40 grams.

Catalog reference: Dr/4 no. 399, Dupl. 1439A, Fr-432, KM 303.4.

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.
  • [1]UBS Gold & Numismatics, Auction 84: Gold and Silver Coins, Basel, 2009.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1601-1700, 6th ed., Iola, WI: Krause Publications, 2014.
  • Gadoury, Victor, Monnaies Royales Françaises, 1610-1792, 4me éd., Monaco: Éditions Victor Gadoury, 2012.

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