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Live auction - fme_768903 - INSURANCES Médaille, 50e anniversaire de la Mutuelle Saint-Martin

INSURANCES Médaille, 50e anniversaire de la Mutuelle Saint-Martin AU
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Estimate : 55 €
Price : no bid
Maximum bid : no bid
End of the sale : 25 June 2024 15:16:45
Type : Médaille, 50e anniversaire de la Mutuelle Saint-Martin
Date: 2000
Mint name / Town : Monnaie de Paris
Metal : bronze
Diameter : 59 mm
Orientation dies : 12 h.
Engraver CROUZAT Léopold Georges (1904-1976)
Weight : 128,41 g.
Edge : Lisse
Puncheon : corne d’abondance
Coments on the condition:
Quelques petits coups et rayures sont visibles à l’avers, au revers et sur la tranche
Catalogue references :

Obverse


Obverse legend : SAINT / MARTIN.
Obverse description : Représentation de Saint Martin à cheval avec à ses pieds un mendiant. Signé : Georges Crouzat.

Reverse


Reverse legend : MUTUELLE SAINT - MARTIN - 50E ANNIVERSAIRE / 1950 - 2000.
Reverse description : Légende en 3 ligne. Le logo “MONNAIE DE PARIS” est également visible avec les poinçon représentant une fleur et une double corne d’abondance.

Historical background


INSURANCES

Under the Old Regime, insurance was above all maritime. It is a contract by which an individual undertakes to repair the losses linked to a shipwreck, for a certain sum which is paid to him in advance.. Thus, for example, we see that in the 18th century, in Bordeaux, maritime insurance was concentrated in the hands of a few large shipowners such as François Bonnaffé. An order of 1681 leaves the greatest freedom in the relationship between insurers and insured, hence the multiplication of players on the market. Still in Bordeaux, we then see the intervention of Parisian, Dutch and English companies. . . Non-maritime insurance became popular late (middle of the 18th century). They most often offer a guarantee against fire. Example: the general insurance company obtained the privilege of Louis XV in 1753 for the guarantee of maritime trade and to insure houses against fire. In the 19th century, we witness the emergence of countless companies, often specialized in very specific sectors, which will allow the development of the economy by pooling risks.. They are complemented by mutual associations and mutual aid.

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