Undated (ca. 1720) John Law / Money's the Watchword Medal. Betts-120, Adams-28. Silver. AU-55 (PCGS).
38 mm. "B 120" (the Betts number) and "3227" carefully penned in India ink and lacquered in the lower left reverse field. A lustrous and lovely example of this type, with rich old cabinet toning in bright shades of blue, translucent gold, and rich orange. Scattered contact marks are seen on both sides, none serious. The obverse shows two guards leaning in with a whisper while one hides a bag of money behind him, giving the legend "Money is the watchword" a double meaning. The other side shows a man holding a money bag aloft while coins pour through a hole in the bottom, surrounded by legends translating to "As it comes, so it goes" and, in the exergue, "nothing remains left over." Ford owned two of these, both pretty nice; one brought $3,220, the other $2,990. The two Heritage sold for John Adams in 2014 brought just a fraction of that, but two more sold in 2019 brought $2,640 and $12,000.
From the Skyler Liechty Collection. Earlier from Fred Baldwin (London) to an American collector, ca. 1960; John Kraljevich, December 2013. Collector envelope with attribution and provenance notes included.
Estimate: $1000
Price realized | 3'600 USD |
Starting price | 1 USD |
Estimate | 1'000 USD |