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Live auction - fme_863862 - BANKS - CRÉDIT INSTITUTIONS Médaille, Crédit du Nord

BANKS - CRÉDIT INSTITUTIONS Médaille, Crédit du Nord AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 60 €
Price : no bid
Maximum bid : no bid
End of the sale : 25 June 2024 15:39:30
Type : Médaille, Crédit du Nord
Date: n.d.
Metal : bronze
Diameter : 62,5 mm
Orientation dies : 12 h.
Weight : 122,39 g.
Edge : lisse + corne BRONZE
Puncheon : corne BRONZE
Coments on the condition:
Patine hétérogène. Présence de quelques taches d’oxydation, notamment sur la tranche

Obverse


Obverse legend : CREDIT DU NORD.
Obverse description : Représentation de trois personnages dont Hermès à gauche, coiffé d’un chapeau ailé et tenant un caducée, un vieillard assis sur une enclume, une massue à la main, une femme nue à droite tenant trois épis de blé. Signé : H. DROPSY.

Reverse


Reverse legend : GONTRAN / DUQUENNOY.
Reverse description : Nom du récipiendaire sous une vue sur la façade du bâtiment du Crédit du Nord.

Commentary


Médaille décernée à Gontran Duquennoy.

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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