France 1781-W 2 louis d'or

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Goldberg NY International sale 58, lot 1096
GNY23-1096r.jpg

This specimen was lot 1096 in Goldberg's NY International sale 58 (New York, January 2023), where it sold for $5,760. The catalog description[1] noted, "France. Louis XVI (1774-1793). Gold Double Louis d' or au buste habille, 1781-W. Lille mint. Uniformed bust left. Rev. Crown over two oval shields of France and Navarre. Lovely golden rose peripheral toning on both sides. Pop 1; Only One Graded by PCGS. None at NGC. In PCGS holder graded MS 61." The double louis 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, finance minister Calonne lowered the weight to 15.30 grams and recoined all the stocks in government hands, rendering this earlier type very rare.

Recorded mintage: 8,100, a common date for the type[2].

Specification: 16.31 g, 0.917 fine gold, 28-29 mm diameter, reeded edge, designed by J.-C. Röettiers.

Catalog reference: Dr/4 № 875, Dr/2 № 601, Fr-470; Gad-362; KM 575.14.

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.
  • 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]Goldberg, Ira, Stephen Harvey and Vera Kan, Goldberg NY International 2023 Sale, Los Angeles: Goldberg Coins and Collectibles, 2022.

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