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fjt_289303 - BANKS - CRÉDIT INSTITUTIONS CAISSE D'ESCOMPTE 1767

BANKS - CRÉDIT INSTITUTIONS CAISSE D ESCOMPTE AU
350.00 €(Approx. 378.00$ | 301.00£)
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Type : CAISSE D'ESCOMPTE
Date: 1767
Metal : silver
Diameter : 33 mm
Orientation dies : 12 h.
Weight : 16,46 g.
Edge : lisse
Rarity : R2

Obverse


Obverse legend : LUD. XV. REX - CHRISTIANISS..
Obverse description : Buste à droite de Louis XV, au-dessous signature fine : B. DUVIV. F. , buste type Guéant Prieur 662B.

Reverse


Reverse legend : CAISSE D’ESCOMPTE ; À L’EXERGUE : 1767.
Reverse description : Dans une couronne formée d’une branche d’olivier et d’une branche de laurier, en deux lignes : .

Commentary


Ce jeton est inconnu du Feuardent tant pour 1768 que pour 1767.

Historical background


BANKS - CRÉDIT INSTITUTIONS

Until the middle of the 19th century, there were only private banks intended for large fortunes like the Rothschilds. They then took the name of investment banks such as the Banque de Paris et des Pays-Bas, the Union Générale, etc. The development of the activity, born of the Industrial Revolution, caused the creation of banks of a new type, for all, called deposit banks. The first was the Comptoir d'escompte founded in 1853. Other establishments followed: Crédit Industriel et Commercial, Crédit Lyonnais (1863), Société Générale, etc..

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