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E-auction 353-267211 - CORPORATIONS Médaille, MSD, 15 ans de collaboration

CORPORATIONS Médaille, MSD, 15 ans de collaboration AU
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NO BUYER'S FEE.
Estimate : 50 €
Price : 29 €
Maximum bid : 31 €
End of the sale : 20 January 2020 18:45:30
bidders : 3 bidders
Type : Médaille, MSD, 15 ans de collaboration
Date: n.d.
Metal : bronze
Diameter : 81 mm
Engraver Baron
Weight : 289,6 g.
Edge : lisse + corne BRONZE
Puncheon : corne BRONZE
Coments on the condition:
Exemplaire nettoyé. Traces de colle

Obverse


Obverse legend : YTIEIA.
Obverse description : Femme de face tenant un caducée et un serpent, un coq à ses pieds, vigne à gauche, flamme à droite. Signé : R. B. BARON.

Reverse


Reverse legend : MSD / MERCK / SHARP & / DOHME / CHIBRET // 15ANS DE COLLABORATION.
Reverse description : Légende en 5 lignes sur un mortier, branche, pilon et fiole en arrière plan. Signé : R. B. B..

Historical background


CORPORATIONS

In Rome, artisan groups existed: forming a college under the protection of a deity, with a house and a common fund. In medieval Europe, probably from religious brotherhoods were formed between economic groupings called Hanse merchants or ghilde. With the development of trade, the craftsmen organized in body or professional communities that grouped all those employed in the same profession: masters, journeymen or apprentices. To enter the body, it was necessary to "swear" the trade. In addition, there existed free trades that could be enjoyed by all. Each body was headed by a collegial body responsible for enforcing the rules of trade, to protect the business from the competition and lead the fraternal benefit society. At the end of the seventeenth century, the king began to sell as hereditary offices as a juror and corporate trustees which provoked serious financial difficulties at a time when corporations are met in addition to more new economic development requirements Industry and business concentration. This is also in England that corporations disappeared spontaneously because of the industrial revolution. Corporations will be deleted in France in 1791 by the Constituent Assembly.

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