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E-auction 219-144582 - fjt_285525 - BANKS - CRÉDIT INSTITUTIONS BANQUE D’ORLÉANS 1838

BANKS - CRÉDIT INSTITUTIONS BANQUE D’ORLÉANS AU
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NO BUYER'S FEE.
Estimate : 55 €
Price : 51 €
Maximum bid : 57 €
End of the sale : 26 June 2017 18:15:00
bidders : 7 bidders
Type : BANQUE D’ORLÉANS
Date: 1838
Metal : silver
Diameter : 30,5 mm
Orientation dies : 12 h.
Edge : lisse
Puncheon : main ARGENT
Rarity : R2

Obverse


Obverse legend : LOUIS PHILIPPE IER ROI DES FRANÇAIS.
Obverse description : Tête de Louis-Philippe à droite signé CAQUÉ.

Reverse


Reverse legend : BANQUE D’ORLÉANS 1838.
Reverse description : dans une couronne ouverte de chêne à droite et de laurier à gauche.

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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