SOUTH SEA BUBBLE] -- Het Groote Tafereel der Dwaasheid, Vertoonende de opkomst, voortgang en ondergang der Actie, Bubbel en Windnegotie, in Vrankryk, Engeland, en de Nederlanden . [Amsterdam:] 1720. Famous book on the first stock market crash caused by John Law in the 18th century . In order to cover the debts of the French state after the death of Louis XIV in 1710, the Scottish banker John Law proposed to the Regent, Philippe d'Orleans, the creation of a general bank which should issue shares. A portion of the funds derived from the sale of the shares were to be invested in a Compagnie d'occident destined to exploit the French colonies of Louisiana and Canada — the rare map of Louisiana is present here in this copy. An unprecedented speculation ensued, ending only with the fatal crash of 1720, now known as the Mississippi Bubble. The bankruptcy of the company sent shockwaves through the European economy, most notably in France, Holland and England. The imprint of the present lot states it is 'Printed as warnings for the descendants', and contains caricatures of the speculators and the disastrous consequences of Law's schemes. 'The engravings, which illustrate the rise and fall of the great speculation, are full of humor; many of them are exceedingly ludicrous, and some very obscene' (Sabin). All copies of this edition are made in a slightly different way, and the bibliographies do not agree. This copy does not have 4 of the plates found in the Pierre Berès copy — see Christie's 12 July 2017, lot 54 — but does have 2 plates 'Madame Law' and 'Jacques III Pretendent d'Angleterre' not present in the Berès copy. This suggests that this volume was composed to appeal to a Jacobite supporter. Kress 3217; Goldsmiths 5879 (70 plates only); Sabin 28932. Folio (392 x 248 mm). Letterpress title printed in red and black, additional engraved folding Eere-Titel ('Honorary Title') and 74 plates, comprising: 50 double-page plates, of which 9 folding, and 23 single-page plates, of which 8 folding; the 8 figures of dwarfs mounted on two leaves (without the final 9/10pp. of text called for by Kress and Goldsmiths, occasional scattered spotting and browning). Contemporary calf, gilt spine (joints splitting, extremities rubbed, heavily to head- and tailcaps and corners).
SOUTH SEA BUBBLE] -- Het Groote Tafereel der Dwaasheid, Vertoonende de opkomst, voortgang en ondergang der Actie, Bubbel en Windnegotie, in Vrankryk, Engeland, en de Nederlanden . [Amsterdam:] 1720. Famous book on the first stock market crash caused by John Law in the 18th century . In order to cover the debts of the French state after the death of Louis XIV in 1710, the Scottish banker John Law proposed to the Regent, Philippe d'Orleans, the creation of a general bank which should issue shares. A portion of the funds derived from the sale of the shares were to be invested in a Compagnie d'occident destined to exploit the French colonies of Louisiana and Canada — the rare map of Louisiana is present here in this copy. An unprecedented speculation ensued, ending only with the fatal crash of 1720, now known as the Mississippi Bubble. The bankruptcy of the company sent shockwaves through the European economy, most notably in France, Holland and England. The imprint of the present lot states it is 'Printed as warnings for the descendants', and contains caricatures of the speculators and the disastrous consequences of Law's schemes. 'The engravings, which illustrate the rise and fall of the great speculation, are full of humor; many of them are exceedingly ludicrous, and some very obscene' (Sabin). All copies of this edition are made in a slightly different way, and the bibliographies do not agree. This copy does not have 4 of the plates found in the Pierre Berès copy — see Christie's 12 July 2017, lot 54 — but does have 2 plates 'Madame Law' and 'Jacques III Pretendent d'Angleterre' not present in the Berès copy. This suggests that this volume was composed to appeal to a Jacobite supporter. Kress 3217; Goldsmiths 5879 (70 plates only); Sabin 28932. Folio (392 x 248 mm). Letterpress title printed in red and black, additional engraved folding Eere-Titel ('Honorary Title') and 74 plates, comprising: 50 double-page plates, of which 9 folding, and 23 single-page plates, of which 8 folding; the 8 figures of dwarfs mounted on two leaves (without the final 9/10pp. of text called for by Kress and Goldsmiths, occasional scattered spotting and browning). Contemporary calf, gilt spine (joints splitting, extremities rubbed, heavily to head- and tailcaps and corners).
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Suchauftrag anlegen![SOUTH SEA BUBBLE] -- Het Groote Tafereel der Dwaasheid, Vertoonende de...](http://www.christies.com/img/LotImages/2017/CKS/2017_CKS_14301_0237_000(south_sea_bubble_--_het_groote_tafereel_der_dwaasheid_vertoonende_de_o).jpg?height=400 "Quelle: Christie's")
