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E-auction 314-232154 - fjt_510961 - BANKS - CRÉDIT INSTITUTIONS Caisse générale du commerce et de l’industrie 1837

BANKS - CRÉDIT INSTITUTIONS Caisse générale du commerce et de l’industrie XF
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NO BUYER'S FEE.
Estimate : 90 €
Price : 36 €
Maximum bid : 41 €
End of the sale : 22 April 2019 18:32:30
bidders : 6 bidders
Type : Caisse générale du commerce et de l’industrie
Date: (1842-1845)
Date: 1837
Metal : silver
Diameter : 34,5 mm
Orientation dies : 12 h.
Weight : 16,85 g.
Edge : lisse
Puncheon : Proue ARGENT
Rarity : R2
Coments on the condition:
Nettoyé

Obverse


Obverse legend : JACQUES - LAFFITTE.
Obverse description : Buste à droite, au-dessous signature MONTAGNY. F..

Reverse


Reverse description : En sept lignes dans une couronne de chêne : CAISSE GÉNÉRALE/ DU/ COMMERCE/ ET DE/ L’INDUSTRIE./ Ier OCTOBRE/ MDCCCXXXVII.

Commentary


Poinçon Proue.

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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