Sujet
10 livres tournois banknote, issued by the Banque Royale, France, 1720
Légende
10 livres tournois banknote, issued by the Banque Royale, France, 1720. In 1716, Scottish economist John Law established a bank in France. It was bought by the French government in 1718 and renamed the Banque Royale. Law also founded the Mississippi Company. However, he overvalued its assets, creating a bubble, as more and more people bought shares. shareholders demanded cash payment, leading to a run on the bank and financial chaos in France.
Date
1720
Crédit
Photo12/Ann Ronan Picture Library
Notre référence
ARP17A10_058
Licence
Droits gérés
Format disponible
60,0Mo (3,6Mo) / 48,2cm x 31,2cm / 5689 x 3686 (300dpi)