E-auction 114-61559 - fjt_294523 - BANKS - CRÉDIT INSTITUTIONS Jeton AR 36 poinçon abeille, Crédit foncier de France 1852
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| Estimate : | 58 € |
| Price : | 30 € |
| Maximum bid : | 30 € |
| End of the sale : | 22 June 2015 18:43:00 |
| bidders : | 4 bidders |
Type : Jeton AR 36 poinçon abeille, Crédit foncier de France
Date: (1860-1879)
Date: 1852
Metal : silver
Diameter : 36 mm
Orientation dies : 12 h.
Edge : lisse
Puncheon : (abeille) ARGENT
Rarity : R1
Obverse
Obverse legend : CRÉDIT / FONCIER / DE / FRANCE.
Obverse description : Couronne agricole composite, au centre en quatre lignes.
Reverse
Reverse legend : DÉCRETS / DES 28 MARS / ET 10 DÉCEMBRE / 1852.
Reverse description : Dans une couronne de chêne et laurier en quatre lignes ; au-dessous signature D-R.
Commentary
Le Crédit Foncier a été créé en 1852 pour financer la modernisation agricole.
Crédit Foncier was created in 1852 to finance agricultural modernization
Crédit Foncier was created in 1852 to finance agricultural modernization
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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