Live auction - fjt_477923 - BANKS - CRÉDIT INSTITUTIONS Jeton octogonal AR 35 poinçon corne, Banque d’escompte de Paris 1878
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All winning bids are subject to a 18% buyer’s fee.
| Estimate : | 100 € |
| Price : | no bid |
| Maximum bid : | no bid |
| End of the sale : | 10 April 2018 17:32:55 |
Type : Jeton octogonal AR 35 poinçon corne, Banque d’escompte de Paris
Date: (après 1880)
Date: 1878
Metal : silver
Diameter : 35,5 mm
Orientation dies : 12 h.
Weight : 25,67 g.
Edge : lisse, poinçon (corne) ARGENT
Puncheon : corne ARGENT
Coments on the condition:
Poinçon corne
Obverse
Obverse description : Armes de Paris posées sur un bateau vu de face, ancre en-dessous ; au-dessous signature STERN PARIS.
Reverse
Reverse legend : BANQUE/ D’ESCOMPTE/ DE PARIS 1878.
Reverse description : En trois lignes dans une couronne de chêne, au-dessous : 1878.
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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