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E-auction 595-559559 - fme_927206 - INSURANCES Médaille, Maison de la mutualité

INSURANCES Médaille, Maison de la mutualité XF
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NO BUYER'S FEE.
Estimate : 50 €
Price : 3 €
Maximum bid : 7 €
End of the sale : 09 September 2024 20:40:40
bidders : 2 bidders
Type : Médaille, Maison de la mutualité
Date: 1981
Metal : bronze
Diameter : 62,5 mm
Orientation dies : 12 h.
Engraver BALME, J.
Weight : 138,77 g.
Edge : lisse + J. BALME + BRONZE
Puncheon : BRONZE
Coments on the condition:
Patine hétérogène avec des taches d’oxydation. Présence de traces d’usure, coups et rayures

Obverse


Obverse legend : . 50 ANS AU SERVICE DE LA REGION PARISIENNE. - MAISON DE LA / MUTUALITE / 1931. 1981.
Obverse description : Vue de la maison de la mutualité.

Reverse


Reverse legend : LA MUTUALITE : / UN HUMANISME ANIME / PAR LA VOLONTE DE SERVIR / JEAN AMIEL.
Reverse description : Légende en quatre lignes.

Commentary


Signature sur la tranche : J. BALME.

Historical background


INSURANCES

Under the Old Regime, insurance was above all maritime. It is a contract by which an individual undertakes to repair the losses linked to a shipwreck, for a certain sum which is paid to him in advance.. Thus, for example, we see that in the 18th century, in Bordeaux, maritime insurance was concentrated in the hands of a few large shipowners such as François Bonnaffé. An order of 1681 leaves the greatest freedom in the relationship between insurers and insured, hence the multiplication of players on the market. Still in Bordeaux, we then see the intervention of Parisian, Dutch and English companies. . . Non-maritime insurance became popular late (middle of the 18th century). They most often offer a guarantee against fire. Example: the general insurance company obtained the privilege of Louis XV in 1753 for the guarantee of maritime trade and to insure houses against fire. In the 19th century, we witness the emergence of countless companies, often specialized in very specific sectors, which will allow the development of the economy by pooling risks.. They are complemented by mutual associations and mutual aid.

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