Stack's Bowers & Ponterio
August 2021 ANA Auction 16-21 Aug 2021
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FRANCE. Louis d'Or, 1690-D. Lyon Mint. Louis XIV. PCGS MS-63 Gold Shield.
Fr-429; KM-278.3; Gad-250; Dupl-1435a; Ciani-1797; Droulers-343; DFW-243. Although the insert marks this example as "flan reformé," which is confirmed by the crescent at the bottom of the reverse, there is no trace of the undertype. A lustrous and boldly struck "louis d'or à l'écu".
Fr-429; KM-278.3; Gad-250; Dupl-1435a; Ciani-1797; Droulers-343; DFW-243. Although the insert marks this example as "flan reformé," which is confirmed by the crescent at the bottom of the reverse, there is no trace of the undertype. A lustrous and boldly struck "louis d'or à l'écu".
The French regime began the insidious practice of "reforming" the coinage in 1690 and would do so repeatedly until 1704. Each time a reform was announced, a tax was collected on holders of the older coinage before it could be reminted into the new.
Estimate: $1800 - $2400