1078426 | FRANCE. Louis XV. 1720-W AR 1/3 Ecu (Petit Louis d'Argent). PCGS AU58. Lille. Bust of the King, right / Crowned back to back L's; a fluer de lis in each angle. KM 455.18; Gadoury 305.

Scarcer mint for the issue.


Please use this link to verify the PCGS certification number 49588024




This piece was used extensively in Louisiana and Canada. John Law had purchased the right to produce coins for his Compagnie des Indes (also known as the Mississippi Company) from the French government. He also produced paper money and bonds in ever-increasing numbers in the 1720-1 period. Wild inflation came about, and a financial collapse was the result, known today as the Mississippi Bubble.