France 1702-N 2 louis d'or

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Heritage sale 3107, lot 30099
H3107-30099r.jpg

This specimen was lot 30099 in Heritage sale 3107 (Chicago, May 2023), where it sold for $11,400. The catalog description[1] noted, "France. Louis XIV gold 2 Louis d'Or 1702-N MS62 PCGS, Montpellier mint, Flan réformé. A simply stunning specimen from this highly collectible type and one that sees impressive sums when located in decidedly Mint State preservations. Blessed with a resounding strike that largely obliterated the host-coin details that so often poke through on even the finest representatives, the piece at hand endures as the finest, both conditionally and aesthetically for this scarce date/mint combination. As such we anticipate a bidder response commensurate with the growing appreciation for fine examples of early French gold." This type, called a double louis d'or aux 8 L et aux insignes was issued 1700-04 on new and "reformed" blanks and like all double louis before the 1740's, is rare. 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.

Recorded mintage: 25,538 fn plus 19,705 rf[2].

Specification: 13.350 g, 0.917 fine gold, designed by Joseph Roëttiers.

Catalog reference: Dr/4 № 400, Fr-435; Dupl-1442a; KM 335.11, Gad-261 (R4).

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, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • Gadoury, Victor, Monnaies Royales Françaises, 1610-1792, 5me éd., Monaco: Éditions Victor Gadoury, 2018.
  • [1]Cristiano Bierrenbach, Warren Tucker and Sam Spiegel, 2023 May 3 - 5 CSNS World Coins Platinum Session and Signature® Auction #3107, Dallas, TX: Heritage Auction Galleries, 2023.

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