MONTPELLIER STOCK EXCHANGE DOCUMENT FOR 500- LIVRES (Louis d'or) - dated 1751

Description

MONTPELLIER (France) STOCK EXCHANGE
DOCUMENT FOR 500- LIVRES (Louis d'or)
dated 11th November 1751
ALL LANGUAGES EVOLVE, CHANGE AND MUTATE WITH TIME AND SO DOES FRENCH.
MY OLD FRENCH IS NOT GOOD ENOUGH TO DECIPHER ALL TEXT BUT SOME WORDS NEVER CHANGE:
BOURSE
(STOCK EXCHANGE) + LIVRES (english: Pounds) + NUMBERS
MONTPELLIER IN SOUTHERN FRANCE IS CLOSE TO THE MEDITERRANEAN.
VERY EARLY
BOURSES
WERE MOSTLY COMMODITY BASED AND AS SUCH RATHER COMMODITY EXCHANGES. TRADING DEBT INSTRUMENTS IN THOSE EARLY DAYS WAS SECONDARY TO GOODS LANDED BY SHIPS AND THE CURRENCIES OF THE AFRICA TRADE.
LACK OF INFORMATION ABOUT THIS
BOURSE
SUGGESTS THAT IT DID NOT LAST VERY LONG OR WAS NOT OVERLY SUCCESSFUL. THIS - OF COURSE - ONLY INCREASES IT'S RARITY.
FISCAL TAX STAMP + INTEREST / REDEMPTION ANNOTATIONS ON VERSO OF DOCUMENT.
269 YEAR OLD DEBT INSTRUMENT.
HANDLAID PAPER WITH TYPICAL UNEVEN EDGES + SOME INK EROSION IN HORIZONTAL CENTRAL FOLD.
ONLY ONE AVAILABLE AND FOUND.