Watch List notes:

FRANCE, Royal (Restored). Louis XVIII. 1814-1824. AR 40 Francs (26mm, 12.89 g, 6h). Lille mint; différents: horse head/caduceus. Nicolas-Pierre Tiolier, engraver general. Alexandre Beaussier, director. Dated 1818 W. Variety with fine lines on neck. VG 1092; KM 713.6; Friedberg 536. In NGC encapsulation graded MS 66 WINGS APPROVED. Gem BU. Finest 40 Franc we have ever seen. Only two 40 Francs of any type have reached this grade, both of this type.


Purchased from M. Louis Teller, November 1972.