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E-auction 483-394625 - fme_761054 - BANKS - CRÉDIT INSTITUTIONS Médaille, Société marseillaise de crédit

BANKS - CRÉDIT INSTITUTIONS Médaille, Société marseillaise de crédit AU
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NO BUYER'S FEE.
Estimate : 70 €
Price : 19 €
Maximum bid : 56 €
End of the sale : 18 July 2022 18:12:00
bidders : 8 bidders
Type : Médaille, Société marseillaise de crédit
Date: 1965
Metal : bronze
Diameter : 59 mm
Orientation dies : 12 h.
Engraver SIMON Georges (1906-1982)
Weight : 124,68 g.
Edge : lisse + corne BRONZE
Puncheon : corne BRONZE
Coments on the condition:
Patine hétérogène, des marques d’usure sur les reliefs. Présence de coups et rayures

Obverse


Obverse legend : SOCIETE - MARSEILLAISE - DE - CREDIT.
Obverse description : Homme tenant un caducée, sur le dos d’un dauphin. Signé : G. SIMON.

Reverse


Reverse legend : 100 ANS DE JEUNESSE // 1865 / 1965.
Reverse description : Légende circulaire et millésimes sur une coquille.

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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