France 1790-W ecu

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Jean Elsen sale 164, lot 1830
JE164-1830r.jpg

This specimen was lot 1830 in Jean Elsen sale 164 (Brussels, March 2026), where it sold for €340 (about US$473 including buyer's fees). The catalog description[1] noted,

"FRANCE, Royaume, Louis XVI (1774-1793), AR écu aux rameaux d'olivier, 1790 W, Lille. D/ B. habillé à g., les cheveux noués par un ruban. R/ Écu de France couronné, entre deux rameaux d'olivier. Belle patine. Très Beau à Superbe. (kingdom of France, Louis XVI, 1774-93, écu of the olive branches of 1790, Lille mint. Obverse: uniformed bust left, hair tied in a ribbon; reverse: crowned arms of France between two olive branches. Nice patina, Very Fine - Extremely Fine.)"

This specimen is an écu au buste habillé struck at the Montpellier mint, one of a type struck there 1775-91. Its divisions were the ½, 1/5, 1/10 and 1/20 écu, struck in modest quantities. The écu was worth $1.10 in the USA before the Civil War. The écu au buste habillé is a popular coin of Louis XVI among collectors. Most of the mints were in small towns, operated to provide patronage for local politicians. In silver, Bayonne, Paris and Pau predominated. France has little bullion ore within its boundaries, so most of the silver came from melted foreign coin, especially Spanish. The gold to silver ratio in France was 14.5:1, favoring silver.

Recorded mintage: 122,093 (104,000 per the SCWC), a slightly better date.

Specification: 29.49 g, 0.917 fine silver, 39 mm diameter, edge lettered DOMINE SALVUM FAC REGEM, designed by Benjamin Duvivier; this specimen 29,22 g.

Catalog reference: Dav-1333, KM 564.16, Dr/4 № 883, Dupl. 1708; Gad-356.

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.
  • Davenport, John S., European Crowns, 1700-1800, 2nd Ed., London: Spink & Son, 1964.
  • Michael, Thomas, Standard Catalog of World Coins, 1701-1800, 7th ed., Iola, WI: Krause Publications, 2016.
  • George Sobin, Jr., The Silver Crowns of France, 1640-1973. Teaneck, NJ: Richard Margolis, 1974.
  • [1]Elsen, Philippe, et al., Vente Publique 164: Monnaies du duché de Brabant et du royaume de Belgique, Brussels: Jean Elsen et ses Fils S.A., 2026.

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