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fme_770213 - INSURANCES Médaille, Société de Secours Mutuels des coiffeurs

INSURANCES Médaille, Société de Secours Mutuels des coiffeurs AU
70.00 €(Approx. 75.60$ | 59.50£)
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Type : Médaille, Société de Secours Mutuels des coiffeurs
Date: 1908
Mint name / Town : 75 - Paris
Metal : silver
Diameter : 103 mm
Orientation dies : 12 h.
Weight : 12,23 g.
Edge : lisse + tête de sanglier + losange
Puncheon : Tête de sanglier et losange
Rarity : R1
Coments on the condition:
Patine hétérogène, quelques marques d’usure
Catalogue references :

Obverse


Obverse legend : SOCIETE DE SECOURS MUTUELS DES COIFFEURS DE PARIS - ST LOUIS ET UNION REUNIES.
Obverse description : Abeilles tournant autour d’une ruche dans le médaillon central, entouré d’une couronne de laurier.

Reverse


Reverse legend : CONCOURS / D’ONDULATION / 2.E PRIX / 1908 / DECERNE / A LEON GRILLERE.
Reverse description : Légende en 6 lignes horizontales.

Commentary


Diamètre sans bélière ni ruban : 33 mm
Ruban noir rayé jaune et bleu.
La décoration a été remise à un concours d’ondulation.

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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