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
Palace of Versailles to the mint to be melted. Clearly, the silver furniture alone represented a significant outlay in the finances of Versailles. While the decoration of the palace was costly, certain other costs were minimised. For example, labour for construction was often low, due largely to the fact that the army during times of peace and during the winter, when wars were not waged, was pressed into action at Versailles. Additionally, given the quality and uniqueness of the items produced at the Gobelins for use and display at Versailles, the palace served as a venue to showcase not only the success of