B.Picart fecit 1720.
Engraving. 275 x 370mm (10¾ x 14½"), with wide margins. Folded as issued.
'Monument consecrated to posterity in memory of the unbelievable folly of the 20th year of the 18th century.' A satire on the Mississippi Bubble, showing investors eager to buy 'Mississippi Company' shares from the cart of Fortune, led by Folly and drawn by allegorical figures of the various companies (South Sea, Mississippi, West India, East India) and John Law's 'Banque Générale Privée'. In the background is John Law's house in rue Quinquempoix. The share price shot up from 500 livres to 15,000, before collapsing back to 500 in 1721. Law had to flee the country. Published in 'Het Groote Tafereel der Dwaasheid' (The Picture of Stupidity), a collection of satires on financial bubbles.
BM: 1628.
[Ref: 35858] £350.00
Engraving. 275 x 370mm (10¾ x 14½"), with wide margins. Folded as issued.
'Monument consecrated to posterity in memory of the unbelievable folly of the 20th year of the 18th century.' A satire on the Mississippi Bubble, showing investors eager to buy 'Mississippi Company' shares from the cart of Fortune, led by Folly and drawn by allegorical figures of the various companies (South Sea, Mississippi, West India, East India) and John Law's 'Banque Générale Privée'. In the background is John Law's house in rue Quinquempoix. The share price shot up from 500 livres to 15,000, before collapsing back to 500 in 1721. Law had to flee the country. Published in 'Het Groote Tafereel der Dwaasheid' (The Picture of Stupidity), a collection of satires on financial bubbles.
BM: 1628.
[Ref: 35858] £350.00