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E-auction 353-267188 - fme_444375 - BANKS - CRÉDIT INSTITUTIONS Médaille, Centenaire de la Banque pour la Construction et l'Équipement

BANKS - CRÉDIT INSTITUTIONS Médaille, Centenaire de la Banque pour la Construction et l Équipement AU
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NO BUYER'S FEE.
Estimate : 160 €
Price : 45 €
Maximum bid : 45 €
End of the sale : 20 January 2020 18:34:00
bidders : 5 bidders
Type : Médaille, Centenaire de la Banque pour la Construction et l'Équipement
Date: 1972
Mint name / Town : France
Metal : silver
Millesimal fineness : 950 ‰
Diameter : 51,2 mm
Orientation dies : 12 h.
Weight : 80 g.
Edge : lisse
Puncheon : Minerve
Coments on the condition:
Médaille en état neuf, dans son écrin d’origine

Obverse


Obverse legend : CGIB 1972-1872.
Obverse description : Divers bâtiments, du XIXe et du XXe siècles.

Reverse


Reverse legend : PARIS / NANCY / RENNES. ORLEANS / TOURS. NANTES. LYON / ST-ETIENNE. GRENOBLE / BORDEAUX / TOULOUSE / PERIGUEUX / BAYONNE / TOULON/ CANNES / MARSEILLE / NICE.
Reverse description : Légende en 13 lignes inscrite sur la carte de France ; cartouche circulaire avec CGIB.

Commentary


Intéressante médaille d’une banque disparue....

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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