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E-auction 196-126395 - fjt_361062 - BANQUE DE FRANCE BANQUE DE FRANCE 1800

BANQUE DE FRANCE BANQUE DE FRANCE XF
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NO BUYER'S FEE.
Estimate : 25 €
Price : 15 €
Maximum bid : 17 €
End of the sale : 16 January 2017 18:00:30
bidders : 4 bidders
Type : BANQUE DE FRANCE
Date: (1860- 1879)
Date: 1800
Metal : silver
Diameter : 36 mm
Orientation dies : 12 h.
Weight : 24,77 g.
Edge : lisse
Catalogue references :

Obverse


Obverse legend : LA SAGESSE/ FIXE/ LA FORTUNE.
Obverse description : Minerve (la Sagesse) tenant un bouclier à gauche, la main gauche posée sur l'épaule de la Fortune, à droite, qui déverse une corne d’abondance sur un coffre, à l’exergue signature : DUMAREST.

Reverse


Reverse legend : BANQUE DE FRANCE AN VIII.
Reverse description : Inscription en quatre lignes : BANQUE/ DE/ FRANCE/ AN VIII dans une couronne formée d’une branche de chêne et une branche de laurier, avec nœud.

Historical background


BANQUE DE FRANCE

(creation of January 18, 1800)

The Banque de France was created on January 18, 1800 as a partnership limited by shares, with merchants and bankers and with the support of Bonaparte. Its purpose was to restore confidence in the coin to promote economic recovery. It issues notes payable at sight and to bearer in return for the discount on commercial paper in Paris. In 1803, it obtained the exclusive privilege of issuing banknotes. A governor has run it since 1806. Since 1808, it has had branches. It was reorganized in 1936 with a General Assembly and then in 1945, it was nationalized. It has been part of the European System of Central Banks since 1999..

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