1720 John Law Company Medal

Value of 1720 John Law and the Mississippi Company Medal

John Law, a promoter of questionable speculative enterprises in the Americans for the French, is negatively depicted in this medal. Obverse pictures Law himself, and around the image written, “Melac making a raid without fire or wood, on the purses of Europe, now utterly empty and turned inside out; Therefore John Law you need not expect anything here.” Reverse is assumed to be a warning to those who may be easily persuaded by Law’s questionable speculations. The Latin translates to “In regard, to the shares and notes of the Mississippi Company, the French have told us, and we all have repeated the story, the Englishman and the Hollander, Frankfort and Nuremburg, Hamburg and Augsburg, and those who have wished that their losses might be kept quiet. As to the rest, the scheme has it.”