France 1704-& louis d'or

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Heritage sale 3076, lot 31437
France H3076-31437r.jpg

This specimen was lot 31437 in Heritage sale 3076 (Long Beach, CA, September 2019), where it sold for $1,680. The catalog description[1] noted, "France. Louis XIV gold Louis d'Or 1704-& MS62+ NGC Aix mint. Overstruck on an earlier emission of the same monarch. Highly pleasing quality for this elusive and highly sought-after mint, traces of the undertype strongest on the truncation, but otherwise relative unobtrusive. Currently the second finest of this mint-date combination seen by NGC, with a micro-granularity to the surfaces that speaks of quality." Droulers[2] calls this type louis d'or aux insignes (louis with insignia). This type is usually found struck over older coins, a process involving all 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 insignes, struck 1704-09, was preceded by the louis d'or aux 8 L struck 1700-04. Droulers[2] gives this date from the Aix mint a 10% premium over the common date (1704-A) but none are cheap.

Recorded mintage: unknown[2], all on "reformed" blanks.

Specification: 6.75 g, 0.917 fine gold, reeded edge, 24-26 mm diameter, designed by Joseph Roëttiers.

Catalog reference: Dupl., 1446A; Gad-254; Fr-439, Dr/4 № 416, Dr/2 № 275, KM 365.24.

Source:

  • 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.
  • [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]Bierrenbach, Cristiano and Warren Tucker, Heritage World and Ancient Coins Auction 3076, featuring the Allen Moretti Swiss Collection and the James Mossman Collection of Canadian Coinage, Dallas, TX: Heritage Auction Galleries, 2019.

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