E-auction 338-253112 - fme_444392 - BANKS - CRÉDIT INSTITUTIONS Médaille, Cinquantenaire de la Banque franco-italienne pour l'Amérique du Sud
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| Estimate : | 75 € |
| Price : | 22 € |
| Maximum bid : | 42 € |
| End of the sale : | 07 October 2019 18:19:00 |
| bidders : | 6 bidders |
Type : Médaille, Cinquantenaire de la Banque franco-italienne pour l'Amérique du Sud
Date: 1960
Mint name / Town : France et Italie
Metal : bronze
Diameter : 68 mm
Orientation dies : 12 h.
Weight : 147,3 g.
Edge : lisse + BANQUE FRANCAISE ET ITALIENNE 1910-1960 + Corne BRONZE
Coments on the condition:
Médaille en état neuf, dans sa boîte ronde en carton d’origine. Patine brune
Obverse
Obverse legend : DUCUNT TRIONES SEPTEM NOS.
Obverse description : 7 étoiles liées entre elles.
Reverse
Reverse legend : OUEDO LA CRUZ COMO ARGENTADO BROCHE.
Reverse description : 4 étoiles.
Commentary
La Banca Commerciale Italiana, souvent appelée Comit par les Italiens, fut l'une des premières banques et l'une des plus importantes du pays. En 1910, elle créa en association avec Paribas, la Banque Française et Italienne pour l'Amérique du Sud - Sudameris, dont le siège était à Paris alors que son activité était implantée en Amérique Latine..
The Banca Commerciale Italiana, often referred to as Comit by Italians, was one of the first and most important banks in the country. In 1910, in association with Paribas, it created the French and Italian Bank for South America - Sudameris, headquartered in Paris while operating in Latin America.
The Banca Commerciale Italiana, often referred to as Comit by Italians, was one of the first and most important banks in the country. In 1910, in association with Paribas, it created the French and Italian Bank for South America - Sudameris, headquartered in Paris while operating in Latin America.
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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