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NYINC Signature Sale 3037 Sess. 1  4 January 2015
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Lot 29403

Estimate: 5000 USD
Price realized: 3400 USD
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France
Louis XV gold Louis d'or 1737-M MS63 NGC, Nantes mint, KM489.13 (unlisted date), Gadoury-340 (listed, but unpriced), Bust left / Crown over arms of France and Navarre, with date and mintmark. Fully lustrous with a softly struck reverse.A previously unknown issue with research from noted French Numismatic scholar Amaud Clairand (and English translation by Marc Emory) as follows, "Marc Emory (Heritage, Dallas), a eu la gentillesse de nous signaler un louis d'or dit ★ aux lunettes » frappé en 1737 à Toulouse (M). D'après les différentes éditions du Répertoire de Frédéric Droulers, ce louis aurait été frappé à 15192 exemplaires, mais n'aurait pas été retrouvé à ce jour. Les registres des délivrances ne sont pas conservés pour les espèces frappées à Toulouse en 1737. D'après la côte Archives nationales Z1b 779, 33 louis ont été mis en boîte ; ce chiffre a été également été publié en 1996 (A. Clairand, Monnaies de Louis XV, Le temps de la stabilité monétaire, 1726-1774, p. 80). Les règles d'emboîtage prévoyaient alors une pièce d'or en boîte pour 400 produites (cf. A. Clairand, op. cit., p. 60), nous pouvons ainsi estimer le nombre de louis frappés à 13200 exemplaires. Le registre conservé anciennement dans les Archives de la Monnaie de Paris dans le carton A3, dossier 19, nous donne toutefois une indication plus précise sur la quantité frappée, le poids d'or monnayé. Il fut de 506 "marcs" 3 onces 4 deniers 17 grains (123,942 kg d'or) correspondant à une frappe de 15192 exemplaires, chiffre conforme à celui de Frédéric Droulers."The translation reads as follows: "Marc Emory (Heritage, Dallas), was kind enough to inform us of a Louis d'or, ★aux lunettes » type, struck in 1737 at Toulouose (M). According to various editions of the Répertoire, by Frédéric Droulers, this Louis d'or would have been struck with a mintage of 15,192 pieces, but not one specimen has been seen to this day. The delivery registries for legal tender struck in 1737 at Touolouse were not preserved. From the National Archives, file Z1b 779, 33 Louis d'or were put in boxes, and this statistic was published as well in 1996 (A. Clairand, Monnaies de Louis XV, Le temps de la stabilité monétaire, 1726-1774, page 80). The rules of packaging called for one piece to go into a box for every 400 pieces coined (cf. A. Clairand, op. cit., p. 60), so we can therefore estimate the number of coins struck to be at 13,200 pieces. The register formerly conserved in the archives of the Paris Mint in carton A3, dossier 19, does, however, gives us a more precise indication of the quantity of coins struck: the weight of gold coined. It was given as "506 marcs," 3 ounces, 4 deniers and 17 grains (132.942 kilograms of gold), corresponding to a mintage of 15,192 examples, a figure which is in agreement with that of Frédéric Droulers."This issue seems to have been minted in substantial quantities, but as Droulers stated, not one piece has been seen. None have been auctioned, no prices are listed in any catalog, and this appears to be the only confirmed example.

Estimate: 5000-6000 USD
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