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Louis d'or
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==Louis XV== [[File:France 1717 2 Louis d’or (Louis XV).jpg|right|300 px|thumb|2 Louis d’or of Louis XV (1717){{#tag:ref |The 2 Louis d’or contains (on average) 12.235g of 0.9170 fine gold, and weighs 0.3607 ounces.{{sfn|Cuhaj|2009|p=399}}| group="nb"}}]] Under [[Louis XV]], mintage of the Louis d’or was at first reduced while [[John Law (economist)|John Law]] introduced paper money. After Law's system failed and [[André-Hercule de Fleury|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 content of 0.2405 troy oz, it was revalued at 20 ''[[French livre|livres]]'' (₶.), and a commitment was made to maintain this valuation. This promise was kept until 1740 when the louis d’or was revalued to 24 [[French livre|₶.]], thereby effecting a 20% devaluation of the [[French livre|livre]]. This was the last devaluation until the French revolution replaced the louis d’or by the franc.<ref>Coins in History, John Porteous , p 216.</ref> * Recto: Crowned young head. Notable changes were made to the portrait when the weight of the Louis d’or was stabilized in 1726 and when it was revalued in 1740. * Verso: The early coinage of Louis XV has a variety of rapidly changing reverse types. When the value of the Louis d’or was stabilized in 1726, a reverse type with the coats of arms of France and Navarre in two ovals was adopted. This reverse earned the coin the nickname "Louis aux lunettes", i.e. Louis with glasses. * Engraver: Norbert Roettiers (1703–1748)
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