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E-auction 498-408557 - fme_783019 - BANKS - CRÉDIT INSTITUTIONS Médaille, Centenaire de la Société Générale

BANKS - CRÉDIT INSTITUTIONS Médaille, Centenaire de la Société Générale AU
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NO BUYER'S FEE.
Estimate : 55 €
Price : 11 €
Maximum bid : 21 €
End of the sale : 31 October 2022 18:28:00
bidders : 3 bidders
Type : Médaille, Centenaire de la Société Générale
Date: 1964
Metal : bronze
Diameter : 67,5 mm
Orientation dies : 12 h.
Weight : 171,20 g.
Edge : lisse + corne BRONZE
Puncheon : corne BRONZE
Coments on the condition:
Patine hétérogène avec quelques taches et concrétions. Présence de coups et rayures

Obverse


Obverse legend : SOCIETE / GENERALE // 1864.
Obverse description : Couple devant l’entrée de la Société Générale.

Reverse


Reverse legend : 1964 / 1964 / 1964 //1964 / 1964 / 1964 // 1964 / 1964 / 1964 // 1964 / 1964 / 1964 // 1964 / 1964 .
Reverse description : Carte de la France posée sur une carte du monde, étoile au niveau de Paris.

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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