E-auction 343-257917 - fjt_511392 - BANKS - CRÉDIT INSTITUTIONS SOCIETE DE DEPOTS ET DE COMPTES COURANTS 1863
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| Estimate : | 75 € |
| Price : | 52 € |
| Maximum bid : | 76 € |
| End of the sale : | 11 November 2019 18:12:00 |
| bidders : | 6 bidders |
Type : SOCIETE DE DEPOTS ET DE COMPTES COURANTS
Date: 1863
Mint name / Town : s.l.
Metal : silver
Diameter : 38 mm
Orientation dies : 12 h.
Weight : 23,04 g.
Edge : lisse
Puncheon : abeille ARGENT
Obverse
Obverse description : Façade de l'immeuble de la société, place de l'Opéra.
Reverse
Reverse legend : DECRET DU 6 JUILLET 1863 / SOCIETE / DE / DEPOTS / ET DE / COMPTES COURANTS / PLACE DE L'OPERA.
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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