Watch List notes:

France (Grenoble mint), gold louis d'or mirliton, Louis XV, 1723-Z, LL monogram with palm branches, rare, NGC UNC details / saltwater damage / Le Chameau (Shipwreck Blue Label). Gad-338; KM-unl. Choice bold strike with muted luster, minor die-cracks but no adjustment marks, small spots of red toning, rare mint and date (none listed in the original 1971 Parke-Bernet auction and unlisted in KM, also rated R4 in Gadoury). Recovered from: Le Chameau, sunk in 1725 off Nova Scotia, Canada.

Estimate: $2500 - $5000