France 1776-A louis d'or

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Jean Elsen sale 140, lot 729

This specimen was lot 729 in Jean Elsen sale 140 (Brussels, March 2019), where it sold for €2,400 (about US$3,197 including buyer's fees). The catalog description[1] noted,

"FRANCE, Royaume, Louis XVI (1774-1793), AV louis d'or aux lunettes, 1776A, Paris. Dit "au buste habillé". D/ B. à g., en habit brodé, les cheveux noués par un ruban. R/ Ecus ovales de France et de Navarre inclinés sous une couronne. Très rare Légèrement paillé. presque Superbe. (kingdom of France, Louis XVI, 1774-93, gold louis of the spectacles [sic] of 1776, Paris mint, uniformed bust type. Obverse: bust left in embroidered uniform, hair tied in a ribbon; reverse: oval arms of France and Navarre beneath a crown. Very rare, lightly polished, about Extremely Fine.)"

The louis d'or au buste habillé of Louis XVI continued to be struck to the standard of 1726 but the price of gold had risen, making the type uneconomical to issue. In 1785, minister Calonne lowered the weight to 7.65 grams and recoined all the stocks in government hands, rendering this earlier type very rare.

Recorded mintage: 133,356, a common date of a rare type.

Specification: 8.15 g, 0.917 fine gold, reeded edge, 24 mm diameter; this specimen is 8,13 g.

Catalog reference: Duplessy 1704; Fr-471; Gadoury 359, Dr/4 № 879, Dr/2 № 602.

Source:

  • 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.
  • Gadoury, Victor, Monnaies Royales Françaises, 1610-1792, 5me éd., Monaco: Éditions Victor Gadoury, 2018.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • [1]Elsen, Philippe, et al., Vente Publique 140, Brussels: Jean Elsen et ses Fils, S.A., 2019.

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