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Quinzain with 8 Ls - Louis XIV
Billon (.208 silver) | 1.85 g | 23.5 mm |
Issuer | France |
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King | Louis XIV (1643-1715) |
Type | Standard circulation coin |
Years | 1692-1705 |
Value | 1 Quinzain (1⁄16 LT) |
Currency | Livre tournois (1204-1795) |
Composition | Billon (.208 silver) |
Weight | 1.85 g |
Diameter | 23.5 mm |
Shape | Round |
Technique | Milled |
Orientation | Coin alignment ↑↓ |
Demonetized | Yes |
Updated | 2024-10-04 |
Numista | N#19922 |
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Rarity index | 48% |
Reverse
Crowned shield of France.
Script: Latin
Lettering: .SIT. NOMEN. DOMINI. BENEDICTVM. 1695
Engraver: Joseph Roëttiers
Edge
Plain
Comment
Coin that was struck on a new blank or on a previous dozen.Interesting fact
One interesting fact about the Quinzain coin with 8 Ls - Louis XIV 1692-1705 from France is that it was minted during a time of economic turmoil in France, known as the "Mississippi Bubble," which was caused by the collapse of the French Mississippi Company, a joint-stock company that had a monopoly on French trade with North America. The company's collapse led to a financial crisis that affected the entire country, and the minting of coins like the Quinzain was a way for the government to try to stabilize the economy. Despite the challenges of the time, the Quinzain coin remains a valuable and sought-after collector's item today.