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fme_927067 - INSURANCES Médaille, L’Avenir du prolétariat

INSURANCES Médaille, L’Avenir du prolétariat AU
24.00 €(Approx. 28.32$ | 20.88£)
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Type : Médaille, L’Avenir du prolétariat
Date: n.d.
Metal : gilt copper
Diameter : 40,5 mm
Orientation dies : 12 h.
Weight : 9,98 g.
Edge : lisse
Puncheon : sans poinçon
Coments on the condition:
Médaille dorée, présentant quelques taches vertes d’oxydation. Petite usure
Catalogue references :

Obverse


Obverse legend : L'AVENIR DU PROLETARIAT - L'UNION FAIT LA FORCE.
Obverse description : Entre l'ouvrier de forge tenant une masse et la paysanne tenant une faucille, les mains posées sur leurs épaules, le militant prolétarien en costume d'instituteur.

Reverse


Reverse legend : *SOCIETE CIVILE DE RETRAITE ET D’ASSISTANCE MUTUELLE // FONDEE / LE / 28 MAI 1893.
Reverse description : Dans un cartouche posé sur une palme.

Commentary


Médaille non décernée.
Diamètre sans bélière ni ruban : 38,5 mm.
Medal not awarded. Diameter without bail or ribbon: 38.5 mm

Historical background


INSURANCES

Under the Old Regime, insurance was above all maritime. It is a contract by which an individual undertakes to repair the losses linked to a shipwreck, for a certain sum which is paid to him in advance.. Thus, for example, we see that in the 18th century, in Bordeaux, maritime insurance was concentrated in the hands of a few large shipowners such as François Bonnaffé. An order of 1681 leaves the greatest freedom in the relationship between insurers and insured, hence the multiplication of players on the market. Still in Bordeaux, we then see the intervention of Parisian, Dutch and English companies. . . Non-maritime insurance became popular late (middle of the 18th century). They most often offer a guarantee against fire. Example: the general insurance company obtained the privilege of Louis XV in 1753 for the guarantee of maritime trade and to insure houses against fire. In the 19th century, we witness the emergence of countless companies, often specialized in very specific sectors, which will allow the development of the economy by pooling risks.. They are complemented by mutual associations and mutual aid.

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