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fjt_889535 - BANKS - CRÉDIT INSTITUTIONS Société anonyme de crédit industriel et commercial 1859

BANKS - CRÉDIT INSTITUTIONS Société anonyme de crédit industriel et commercial AU
65.00 €(Approx. 67.60$ | 53.95£)
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Type : Société anonyme de crédit industriel et commercial
Date: (1860-1879)
Date: 1859
Metal : silver
Diameter : 35 mm
Orientation dies : 12 h.
Weight : 18,81 g.
Edge : lisse
Puncheon : Abeille (1860 - 1880) ARGENT
Coments on the condition:
Magnifique patine

Obverse


Obverse description : Allégorie debout de face tenant un livre et appuyée sur un autel, derrière port, navire, caducée, usine, etc. signature au-dessous H DE LONGUEIL.

Reverse


Reverse legend : SOCIÉTÉ GÉNÉRALE DE CRÉDIT INDUSTRIEL ET COMMERCIAL 7 MAI/ 1859.
Reverse description : Légende circulaire. Dans une couronne formée de deux branches d’olivier : 7 MAI/ 1859.

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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