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Live auction - fme_863828 - BANKS - CRÉDIT INSTITUTIONS Médaille, Banque de l’Union Parisienne

BANKS - CRÉDIT INSTITUTIONS Médaille, Banque de l’Union Parisienne AU
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All winning bids are subject to a 18% buyer’s fee.
Estimate : 120 €
Price : 65 €
Maximum bid : 65 €
End of the sale : 25 June 2024 15:38:50
bidders : 1 bidder
Type : Médaille, Banque de l’Union Parisienne
Date: n.d.
Metal : silver
Millesimal fineness : 950 ‰
Diameter : 58,5 mm
Orientation dies : 12 h.
Engraver SIMON Georges (1906-1982)
Weight : 97,57 g.
Edge : lisse + corne 1ARGENT
Puncheon : corne 1ARGENT
Coments on the condition:
Patine grise hétérogène. Présence de quelques coups et rayures. Légère usure

Obverse


Obverse legend : BANQUE DE L'UNION PARISIENNE.
Obverse description : Un navire stylisé dans un cercle. Sur le navire : B U P.

Reverse


Reverse legend : ANÉPIGRAPHE.
Reverse description : Athéna casquée assise à droite, branche de laurier. Au-dessous signature : G. SIMON.

Commentary


La médaille, conservée dans un écrin rouge, est non décernée.
La Banque de l’Union Parisienne a été créée en 1904 par reprise de l’activité de la Banque Parisienne fondée en 1874. Située Boulevard Haussmann à Paris, elle fusionne avec le Crédit du Nord en 1974.

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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