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Live auction - fme_771935 - INSURANCES Médaille de récompense, La Nationale, Compagnie d’assurances sur la vie humaine

INSURANCES Médaille de récompense, La Nationale, Compagnie d’assurances sur la vie humaine AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 350 €
Price : 420 €
Maximum bid : 420 €
End of the sale : 25 October 2022 18:42:31
bidders : 5 bidders
Type : Médaille de récompense, La Nationale, Compagnie d’assurances sur la vie humaine
Date: 1929
Metal : silver
Millesimal fineness : 950 ‰
Diameter : 70 mm
Orientation dies : 12 h.
Engraver RASUMNY Félix (1869-1940)
Weight : 163,92 g.
Edge : Lisse + corne ARGENT + tête de sanglier
Puncheon : corne ARGENT
Coments on the condition:
Bel exemplaire présentant les traces d’un léger nettoyage
Catalogue references :

Obverse


Obverse legend : LA PRÉVOYANCE DOTE L'AVENIR // À L’EXERGUE : XXIII MAI / MDCCCXXX.
Obverse description : Un homme accompagné de son enfant, souscrivant une police d'assurance. Signé : F. RASUMNY.

Reverse


Reverse legend : LA / NATIONALE / COMPAGNIE / D'ASSURANCES SUR / LA VIE HUMAINE / A M.R J. E. CHANTAGUT / 1919-1929.
Reverse description : Légende en 7 lignes dans une couronne de chêne.

Commentary


La médaille a été décernée à J. E. Chantagut, elle est conservée dans son écrin d’origine en cuir noir gaufré d’une frise dorée avec l’intérieur en feutrine et soie bleu mauve.

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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