FRANCE: LOT of 3 silver 1/3 ecu coins of Louis XV, including KM-455.1 dated 1720-A, fine (2), and another dated 1720-X, fine, retail value $350, lot of 3 coins. These types were used extensively in the French possessions in North America; La Louisiane and Nouvelle-France. John Law had purchased the right to produce coins for his Compagnie des Indes (also known as the Mississippi Company) from the French government. He also produced paper money and bonds in ever-increasing numbers in the 1720-1 period. Wild inflation came about, and a financial collapse was the result, known today as the Mississippi Bubble.
Estimate: 200-300 USD