FRANCE / CAPETIANS - FRANCE / ROYAL Louis XVI (1774-1792). Shield with olive branches, variety LUD. XI 1786, Q, Perpignan. Av. LUD. XI. D. G. FR. ET NAV. REX (sic!). Bust of the King on the left, wearing an embroidered jacket, with the Order of the Holy Spirit, his hair tied at the nape of his neck with a ribbon. Signature B. DUVIV. F. on the edge of the bust; below (different). Rv. SIT. NOMEN. DOMINI. BENEDICTUM (different) (date). Oval crowned shield of France between two olive branches, (workshop) below. Dy.1708 v. - G.356 (R5) - Coll. Sobin n° 828 and 5 ex. reported - BSFN june 2017 ; Silver - 29,86 g - 41 mm - 6 h NGC XF DETAILS CLEANED (8583599-038). Rare variety with LUD XI! Of broad flan and clean strike, with even wear and grey patina. TTB to Superb. On this flawed mint, see the article by Jérôme Jambu - L'écu de Louis XVI frappée à Perpignan au nom de Louis XI : un crime de lèse-majesté - BSFN, juin 2017, LVe Journées Numismatiques à Perpignan, p.234-246. The author, who recalls that Louis XI was seen at the time of the French Revolution as "the archetypal tyrant" (p.238), concludes that there was a succession of errors in the production chain and the use of a faulty corner on 7 July 1786. These errors are listed in the verdict of the Cour des Monnaies of 24 March 1787: the two juge-gardes were jointly fined 1000 livres for failing to check the production; the clerk engraver Joseph Granes was sacked for having made a serious error; the director Jean Ribes was merely lectured and invited "to be more assiduous and exact".