Live auction - fme_879862 - BANKS - CRÉDIT INSTITUTIONS Médaille, Hommage à Frédéric Raiffeisen, Crédit mutuel
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All winning bids are subject to a 18% buyer’s fee.
All winning bids are subject to a 18% buyer’s fee.
| Estimate : | 50 € |
| Price : | no bid |
| Maximum bid : | no bid |
| End of the sale : | 25 June 2024 15:39:50 |
Type : Médaille, Hommage à Frédéric Raiffeisen, Crédit mutuel
Date: n.d.
Metal : silver plated bronze
Diameter : 64,5 mm
Orientation dies : 12 h.
Weight : 166,08 g.
Edge : lisse + triangle BRONZE FL
Puncheon : Carré et BRONZE
Coments on the condition:
Présence de coups et rayures, notamment au revers
Obverse
Obverse legend : ANÉPIGRAPHE.
Obverse description : Tête de face, signé : PICHARD.
Reverse
Reverse legend : CREDIT GUILLAUME RAIFFEISEN 1818-1888 - CREDIT MUTUEL // GEORGES PECHERAUD.
Reverse description : Légende circulaire et en 1 ligne.
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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