E-auction 253-177123 - fjt_454889 - BANKS - CRÉDIT INSTITUTIONS Caisse d’escompte du commerce 1802
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| Estimate : | 55 € |
| Price : | 43 € |
| Maximum bid : | 46 € |
| End of the sale : | 19 February 2018 18:49:00 |
| bidders : | 7 bidders |
Type : Caisse d’escompte du commerce
Date: 1802
Metal : bronzed tin
Diameter : 34,5 mm
Orientation dies : 12 h.
Edge : lisse
Catalogue references :
Obverse
Obverse legend : CAISSE D'ESCOMPTE DU COMMERCE ; À L’EXERGUE : VIGILANCE.
Obverse description : Légende circulaire. Une femme debout tenant une lampe ; à gauche, un coq sur un autel signé ANDRIEU. F. sur la base ; .
Reverse
Reverse legend : ASSOCIATION DU IV FRIMAIRE AN VI POUR LA PROSPERITE DU COMMERCE.
Reverse description : En six lignes.
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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