Palace of Versailles Colbert's mercantilism, but also to display the finest that France could produce. Estimates of the amount spent to build Versailles are speculative. An estimate in 2000 placed the amount spent during the Ancien Régime as US$2 billion, this figure being, in all probability, an under-evaluation. France's Fifth Republic expenditures alone, directed to restoration and maintenance at Versailles, may have surpassed those of the Sun King. Palace of Versailles The Palace of Versailles (; ; ) was the principal royal residence of France from 1682, under Louis XIV, until the start of the French Revolution in 1789, under Louis XVI. It
History of the Palace of Versailles but eventually it was tabled. On 28 floréal an II (5 May 1794) the Convention decreed that the château and gardens of Versailles, as well as other former royal residences in the environs, would not be sold but placed under the care of the Republic for the public good. Following this decree, the château became a repository for art work seized from churches and princely homes. As a result of Versailles serving as a repository for confiscated art works, collections were amassed that eventually became part of the proposed museum. Among the items found at Versailles at this time a