E-auction 633-631741 - BANKS - CRÉDIT INSTITUTIONS Société anonyme de crédit industriel et commercial, refrappe 1859
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Type : Société anonyme de crédit industriel et commercial, refrappe
Date: (après 1880)
Date: 1859
Mint name / Town : s.l.
Metal : silver
Diameter : 36 mm
Orientation dies : 12 h.
Weight : 19,83 g.
Edge : lisse + corne ARGENT
Puncheon : corne ARGENT
Coments on the condition:
Patine hétérogène avec des traces d’usure, quelques coups et rayures. Taches d’oxydation. Concrétions rouges. Le revers présente une bonne partie de son brillant de frappe
Obverse
Obverse description : Allégorie debout de face tenant un livre et appuyée sur un autel, derrière port, navire, caducée, usine, etc. signature au-dessous H DE LONGUEIL.
Reverse
Reverse legend : SOCIÉTÉ GÉNÉRALE DE CRÉDIT INDUSTRIEL ET COMMERCIAL 7 MAI/ 1859.
Reverse description : Légende circulaire. Dans une couronne formée de deux branches d’olivier : 7 MAI/ 1859.
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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