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French banknote for ten pounds from the Law Bank, dated 1st April 1719
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French banknote for ten pounds from the Law Bank, dated 1st April 1719
616855 French banknote for ten pounds from the Law Bank, dated 1st April 1719 (pen & ink on paper) (b/w photo) by French School, (18th century); Bibliotheque Nationale, Paris, France; (add.info.: Disastrous experiment with paper money by the Scotsman John Law (1671-1729) as controller general of French finances between January and May 1720; ); French, out of copyright
Media ID 22413002
© Bridgeman Images
Affair Bank Note Banknote Bankrupt Bankruptcy Bearer Currency Finance Financial Fraud Greed Paper Money Pound Pounds Scandal Share Speculation System Legal Tender Shareholder
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EDITORS COMMENTS
This print captures a French banknote for ten pounds from the Law Bank, dated 1st April 1719. The intricate pen and ink drawing on paper showcases the craftsmanship of the 18th-century French School. Housed in the Bibliotheque Nationale in Paris, France, this historical artifact tells a tale of scandal, greed, and financial turmoil. The banknote represents a disastrous experiment with paper money conducted by John Law, a Scottish economist who served as controller general of French finances between January and May 1720. This ill-fated venture aimed to establish paper currency as legal tender but ultimately led to bankruptcy for many involved. The photograph highlights the handwritten details on the banknote: its denomination of ten pounds, bearer information, and other essential elements. It serves as evidence of an era marked by speculation and fraudulent practices within the financial system. Despite its age and significance in history, this image remains out of copyright. It reminds us not only of past financial crises but also serves as a reminder to exercise caution when dealing with matters related to money. Bridgeman Images has expertly captured this piece from Fine Art Finder's collection without mentioning any commercial use restrictions associated with it.
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