Live auction - fco_494976 - EGYPT - SUEZ CANAL 1 Franc Borel Lavalley et Compagnie 1865
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All winning bids are subject to a 18% buyer’s fee.
| Estimate : | 500 € |
| Price : | 250 € |
| Maximum bid : | 250 € |
| End of the sale : | 11 September 2018 17:57:36 |
| bidders : | 1 bidder |
Type : 1 Franc Borel Lavalley et Compagnie
Date: 1865
Quantity minted : -
Metal : brass
Diameter : 27 mm
Orientation dies : 12 h.
Weight : 7,9 g.
Edge : lisse à 24 pans
Rarity : R2
Catalogue references :
Obverse
Obverse legend : TRAVAUX DU CANAL DE SUEZ // ÉGYPTE.
Obverse description : voilier.
Reverse
Reverse legend : BOREL LAVALLEY ET COMPIE. // 1865 // BON POUR / 1 / FRANC.
Reverse description : dans le champ.
Commentary
L’ingénieur Edmond Lavalley (1826-1906) dirigeait cette compagnie qui effectua des travaux de terrassement pour Ferdinand de Lesseps.
Historical background
EGYPT - SUEZ CANAL
The first canal was started by Pharaoh Senousret III (1887-1849 BC) and completed by Seti I and Ramses II. Ferdinand de Lesseps (1805-1894), vice-consul of France in Alexandria, convinced the khedive Mohammed Saïd, of whom he was a friend, to build a canal linking the Mediterranean and the Red Sea. The firmans of 1854 and 1856 prepared and specified the act of concession of November 25, 1854 which allowed Ferdinand de Lesseps to undertake the construction of the canal. The firman of 1856 provided for freedom of movement. The capital was subscribed by France for more than half and the viceroy of Egypt for a quarter. Work began in 1859 and lasted ten years. The canal was inaugurated on November 17, 1869. Its length was 52 km in 1869 and its width was 44 meters..
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