France 1789-W 1/5 ecu

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Stack's Bowers June 2026 World Premier Collectors Choice Auction, lot 71014
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Stack's Bowers June 2026 World Premier Collectors Choice Auction, part of lot 71285
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The first specimen was lot 71014 in Stack's Bowers June 2026 World Premier Collectors Choice Auction (Costa Mesa, CA, June 2026), where it sold for $219.40. The catalog description[1] noted, "FRANCE. Kingdom. 1/5 Ecu, 1789-W. Lille Mint. Louis XVI. PCGS AU-50. Enticingly toned and only lightly circulated, this specimen exhibits some adjustment marks on the reverse. From the Richard Margolis Collection (acquired from Serge Boutin on 15 February 1968 in Paris for $8.25)." The second specimen was part of lot 71285 in the same sale, which sold for $854. The catalog description[1] noted, "FRANCE. Kingdom—Constitution. Nonet of Mixed Denominations (9 Pieces), 1789-93. Louis XVI. FINE Details to ABOUT UNCIRCULATED Details. 1) 1/2 Ecu, 1789-L. VERY FINE. Cleaned. 2) 1/2 Ecu, 1789-L. FINE. Scratched. 3) 1/2 Ecu, 1790-H. ABOUT UNCIRCULATED. Cleaned, Scratched. 4) 1/2 Ecu, 1790-T. FINE. Graffiti. 5) 24 Sols, 1789-W. AU. Graffiti. 6) 24 Sols, 1790-L. VERY FINE. Cleaned. 7) 12 Sols, 1789-A. Second semester. VERY FINE. 8) 12 Sols, 1789-N. EXTREMELY FINE. Cleaned. 9) Constitution. 6 Deniers, 1793-K. FINE. SOLD AS IS/NO RETURNS. From the Richard Margolis Collection." This specimen is a cinquième d'écu au buste habillé struck at the Lille mint, one of a type struck there 1788-89. The other mint for 1789 is Paris, mintmark "A". It was demonetized in 1804, unlike the écu and demi-écu, which were demonetized in 1834. The shorter period of circulation means more high grade survivors exist despite the small mintages.

Recorded mintage: 10,956[2], a scarce date.

Specification: silver, 11 deniers (0.917 fine), 41.5 pieces to the mark (5.83 g), face value 24 sols, 3926-27 mm diameter. Engraved by Benjamin Duvivier.

Catalog reference: Dr/4 № 886, Dr/2 № 619, KM-569.13; Gad-354 (R3).

Source:

  • [2]Droulers, Frédéric, Répertoire General des Monnaies de Louis XIII à Louis XVI (1610-1792), 2nd édition. Paris: AFPN, 1998.
  • 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]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, June 2026 World Premier Collectors Choice Auction - Selections from the L.E. Bruun Collection, the Richard Margolis Collection and the Kirk Menczer Collection of Republican Reales Minors, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2026.

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