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Live auction - fme_889140 - BANKS - CRÉDIT INSTITUTIONS Médaille, Banque de l’Indochine

BANKS - CRÉDIT INSTITUTIONS Médaille, Banque de l’Indochine AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 70 €
Price : 35 €
Maximum bid : 35 €
End of the sale : 25 June 2024 15:36:35
bidders : 1 bidder
Type : Médaille, Banque de l’Indochine
Date: 1975
Mint name / Town : Monnaie de Paris
Metal : gold plated bronze
Diameter : 91 mm
Orientation dies : 12 h.
Weight : 348,97 g.
Edge : lisse + 1975 + corne BR FLOR
Puncheon : corne BR. FL.
Coments on the condition:
Patine hétérogène, présentant des taches d’oxydation. De l’usure sur les reliefs. Présence de coups et rayures

Obverse


Obverse legend : 1975 / BANQVE / DE / L’INDOCHINE / ET. DE / SVEZ.
Obverse description : Inscription dans un soleil radié, carte du monde en arrière plan, étoiles et constellations. Signé : A. DE JAEGER.

Reverse


Reverse legend : INDE 1876. HONG KONG 1894. THAILANDE 1897. CHINE 1898. / SINGAPOVR 1905. ETHIOPIE 1935. GRANDE-BRETAGNE 1940. / JAPON 1941. ETATS VNIS 1948. ARABIE SAOVDITE 1948. / YEMEN 1949. AFRIQVE DV SVD 1949 LIBAN 1951 SVISSE 1957 / MALAISIE 1958 GIBRALTAR 1971 COREE 1974 DVBAI 1975 // FRANCE / 1875 / INDOCHINE / 1875 / NOVVELLE / CALEDONIE / 1888 / POLYNESIE / 1905 / DJIBOVTI / 1908 / NOVVELLES / HEBRIDES / 1948 // 1875 BANQVE. DE. L’INDOCHINE 1975.
Reverse description : Légende en 5 lignes semi-circulaire, puis légende en 14 lignes centrales, fonds de fleurs et points.

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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