John Law Coins And North America Connection

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Author	Replies: 4 / Views: 1,766
Pistareen Valued Member United States 309 Posts	Posted 02/27/2015 5:22 pm Does anyone know which French coins may be associated with John Law? Which John Law coins may further be associated with the French Colonies in North America? What do you make of this one? Report this Post to the Staff

swamperbob Pillar of the Community United States 5362 Posts	Posted 03/01/2015 10:50 pm John Law was not a proponent of hard money - he believed in using bills of credit in lieu of silver and gold coin. His ideas (in my own opinion) were a failure in practice and probably hastened the demise of the French King but his ideas still are foundational in some circles of economic theory. I believe that paper money issued by Law's General Bank issued from 1716 to 1720 would be the ideal monetary collection of John Law money. Report this Post to the Staff
worldnumis Pillar of the Community United States 731 Posts	Posted 03/20/2015 4:29 pm That is a nice Petite Louis D'Argent which was supposedly exported for use in the French American colonies. including Canada and Louisiana territory. To my knowledge. John Law was not responsible for the issusnce of any coins. The French coins of the 1716-1722 period are sometime referred to as "John Law" issues, but I don't believe he had anything to do with them. Report this Post to the Staff
worldnumis Pillar of the Community United States 731 Posts	Posted 03/20/2015 5:37 pm NOTE: Your coin is not a petite Louis D'Argent, but a Livre D'Argent. Sorry for the mistake. Report this Post to the Staff
Pertinax Pillar of the Community United Kingdom 2134 Posts	Posted 03/20/2015 8:12 pm I think the image shown is normally termed Livre d'argent fin (de la Compagnie des Indes). It's also known as 1/6 ecu (worth 20 sols). Report this Post to the Staff
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