At twice the weight of the Louis d’or, it was equivalent in value to the gold pistole, the Spanish coin recognized throughout Europe as the standard unit of currency in international trade. Louis XIII’s successors issued the royal coinage until the French Revolution brought the reign of Louis …
Earlier French gold coin denominations such as the livre, were derived from the latin libra, meaning pound or book, so the French livre was similar to the British pound and the Italian lira. Others included the ecu …
Under Louis XV, mintage of the Louis d’or was at first reduced while John Law introduced paper money. After Law's system failed and Cardinal Fleury became Louis XV's chief magistrate in 1726, France returned to a policy of sound money and the mintage of the Louis d’or returned to normal levels. The weight of the Louis d’or was now increased to 8.1580 g and gold …
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