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E-auction 162-99481 - fjt_395634 - BANKS - CRÉDIT INSTITUTIONS BIENVENU 1720
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| Estimate : | 75 € |
| Price : | 20 € |
| Maximum bid : | 20 € |
| End of the sale : | 23 May 2016 18:57:30 |
| bidders : | 3 bidders |
Type : BIENVENU
Date: 1720
Metal : brass
Diameter : 32 mm
Rarity : R1
Obverse
Obverse legend : BIENVENU.
Obverse description : 1720 dans le champ.
Reverse
Reverse legend : A L'EXERGUE 1710.
Reverse description : Monogramme.
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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