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fme_884640 - INSURANCES Médaille, Société de secours mutuels des dames de bon-secours n°498

INSURANCES Médaille, Société de secours mutuels des dames de bon-secours n°498 AU
60.00 €(Approx. 64.20$ | 51.60£)
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Type : Médaille, Société de secours mutuels des dames de bon-secours n°498
Date: n.d.
Metal : silver
Diameter : 43 mm
Orientation dies : 12 h.
Weight : 12,84 g.
Edge : lisse + losange
Puncheon : Tête de sanglier et losange
Coments on the condition:
Patine grise hétérogène, légèrement irisée. Présence de coups et rayures
Catalogue references :

Obverse


Obverse legend : VILLE DE MARSEILLE.
Obverse description : Blason posé sur un cuir tourelé.

Reverse


Reverse legend : SOCIETE DE SECOURS MUTUELS DES DAMES DE BON-SECOURS - FONDEE EN 1897 N°498 // TP.
Reverse description : Légende circulaire, monogramme gravé à droite d’une branche de laurier.

Commentary


Diamètre sans bélière : 29,5 mm
Médaille gravée au monogramme TP.

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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