1720 Medal Betts-140 Silver John Law - Mississippi Scheme MS(PCGS#922012)

August 2023 Global Showcase Auction U.S. Coins

拍卖行

Stack's Bowers

批号

2012

等级

MS62

价格

78,643

详细说明

Spectacular 1720 Parisian West Indian Louisiana Company Medal 1720 John Law / Parisian West Indian Louisiana Company Medal. Betts-140, Adams-12. Silver. MS-62 (PCGS). 26.5 mm. A spectacular example, with bright flashy luster on both sides amidst lovely navy blue, pale violet, and silver-gray toning. Trivial scattered marks are seen. A die crack near 9 o'clock on the obverse aligns perfectly with a vertical crack on the right side of the reverse, suggesting a die injury caused by something that ended up between the dies. Both sides of this medal are entirely text. As noted in our Ford sale, "the die is similar to that of [Betts-121] but not identical to it." While Ford had both a Betts-121 and a Betts-140, Adams had neither, nor did LaRiviere. The Adams plate piece is in ANS. Though lacking graphically, this medal offers a rich insight into the Law drama as it unfolded. Adams quotes Benjamin Betts' description and it's worth excerpting here: The last three lines on the obverse seemingly refer to, and should be read after the reverse, which is a song or verse of two responsive couplets: in the first, Law asserts that the shares are to pay good interest; while in the second, the doubters express their dissent from this proposition. This is one of the few Law-related medals that actually mentions Louisiana: PARISER WEST-INDISCH LOUISIANISCHER COMPAGNIE translates as "Parisian West Indian Louisiana Company." Provenance: From the Skyler Liechty Collection. Earlier from John Kraljevich, July 2021. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.