mm... no..

http://democats.org/blockchain/block/?name=lubecoin&hash=79a71580674042c9a481c6cf1b0a1fa1ef186171ec7ddcfd64d01f34fdd8198a

Blockchain says:
Base Reward    698,872.14531201

It makes sense also to my mining tests:

Height 1761, transaction d57b08cbd5f6e8ac74892f96ba9d7416c78b2a089d7629bb7d1a0c8                            c1300cfe8, received 698,976.12768578

So block reward is 698976 coins.