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Broadside in Dutch, ca.1720, Satirizing John LawÍs Mississippi Company Land Scheme.

Currency:USD Category:Coins & Paper Money / Paper Money - World Currency Start Price:130.00 USD Estimated At:250.00 - 500.00 USD
Broadside in Dutch, ca.1720, Satirizing John LawÍs Mississippi Company Land Scheme.
SOLD
130.00USDto C*********y+ buyer's premium
This item SOLD at 2018 Dec 04 @ 13:18UTC-5 : EST/CDT
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DE STROPENDE ACTIE-VALK, OM HALS, en 't BUBBLE-ROTJE onder de klaauwen van den UIL. 1720. 11 _î x 15î. 1720. Dutch text. Under the title a scathing wood cut symbolically depicts the investors in the form of one bird being pierced by another. An owl and hawk feed on a rat at lower right. The margin is narrow at right, otherwise in excellent condition. John Law gained the trust of the Duke of Orleans, and with this excellent connection was able to gain control of Louisiana. He developed an elaborate plan to exploit the resources of the region. The idea quickly gained popularity and people rushed to invest. Share prices opened at 500 livres and rapidly rose to 18,000 livres, then theæbubbleæburst and the company went bankrupt. Rare and attractive satirical broadside. (From the John E. Herzog Collection)