1762-A Sou M MS (PCGS# 158680)

2004 November Palm Beach, FL Signature Sale #358

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    5016
  • Grade:
    MS62
  • Price:
    $1,553.00
Lot Description
1720-A MS Livre d'argent (20 sols) MS62 NGC. Young bust right/Crowned back-to-back L's, Gad-296, C-2137, Dup-1663, KM-453. John Law's scheming caused rampant inflation in 1720 at which time these silver pieces were issued at an over-valued rate of one livre. Many were imported into French America a couple years later and circulated on this continent. This is the issue intended by the Guide Book for their 1720-A 20 sols, however, that reference describes these as having the Crowned Arms reverse, which is actually the standard French design of that time.
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