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Live auction - fme_685206 - BANQUE DE FRANCE Médaille, centenaire de la Banque de France

BANQUE DE FRANCE Médaille, centenaire de la Banque de France AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 300 €
Price : 959 €
Maximum bid : 995 €
End of the sale : 03 August 2021 20:36:20
bidders : 5 bidders
Type : Médaille, centenaire de la Banque de France
Date: c. 1900
Date: (1901)
Mint name / Town : Paris
Quantity minted : 3400
Metal : silver
Millesimal fineness : 950 ‰
Diameter : 68,5 mm
Orientation dies : 12 h.
Engraver ROTY Louis Oscar (1846-1911)
Weight : 131,1 g.
Edge : lisse + corne 1ARGENT
Puncheon : corne 1ARGENT
Rarity : R1
Coments on the condition:
Bel exemplaire en argent, légèrement nettoyé et présentant quelques coups et rayures, notamment sur la tranche
Catalogue references :

Obverse


Obverse legend : CENTENAIRE. DE - LA. BANQUE. DE - FRANCE. 1800-1900.
Obverse description : Buste casqué, lauré, ailé et cuirassé de la République à gauche ; signé O. Roty sur la cuirasse.

Reverse


Reverse legend : CONFIANCE ET TRAVAIL.
Reverse description : La Confiance et le Travail devant un paysage à gauche ; à l'exergue EUGENE CARDOT en creux.

Commentary


Cet exemplaire fut décerné à Eugène Cardot.

Historical background


BANQUE DE FRANCE

(creation of January 18, 1800)

The Banque de France was created on January 18, 1800 as a partnership limited by shares, with merchants and bankers and with the support of Bonaparte. Its purpose was to restore confidence in the coin to promote economic recovery. It issues notes payable at sight and to bearer in return for the discount on commercial paper in Paris. In 1803, it obtained the exclusive privilege of issuing banknotes. A governor has run it since 1806. Since 1808, it has had branches. It was reorganized in 1936 with a General Assembly and then in 1945, it was nationalized. It has been part of the European System of Central Banks since 1999..

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