Result list 16 October 2021

The results of our October 16 sale are now online. Unsold items can be obtained in our aftersale until Nov 14 (first come, first served). .

Lotnumber: 729
FIRENZE. Azione da lire 500. green, black. #100000. No 13129. Some staining in the upper right corner. A share of the Crédit Mobilier Italien, founded by the Pereire brothers. They wished to export their revolutionary idea of a merchant bank to finance the industry from France ("Soc. Gén. de Credit Mobilier") to other European countries. During the second half of the 19th century, the young Italian state was lagging in terms of industrial development when compared to France and Great-Britain, in the absence of an autonomous capital market or of institutional banks who were directly involved in the capital accumulation process. So there were things to do for the Crédit Mobilier Italien. Together with the Banca Generale, they started modernizing the Italian economy. The Pereire brothers invested for instancein the construction of the Italian railroad network, the iron industry and the Italian mining companies. In 1893-94, a serious economic and banking crisis led to the demise of the CreditoMobiliare and the Banca Generale, and their substitution by mixed banks. Text in Italian and French.
Themes: BANK & FINANCE
ITALY
Date: 31 December 1869
Quality: VF
Startprice: € 50