© Chris Nestorovski
© Chris Nestorovski
Token - Louis XVI - Insurance chambers of Rouen ND
| Silver | 9.26 g | 30 mm |
| Location | France |
|---|---|
| King | Louis XVI (1774-1792) |
| Type | Attendance tokens › Bank and insurance company shareholder tokens |
| Years | 1774-1791 |
| Composition | Silver |
| Weight | 9.26 g |
| Diameter | 30 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Coin alignment ↑↓ |
| Updated | 2024-11-13 |
| Numista | N#321588 |
|---|---|
| Rarity index | 97% |
Reverse
Woman seated on the right, leaning on a chest covered with an anchor with DU signature; in the distance to the left, two ships sailing in a storm.
Script: Latin
Lettering:
FELIX SI VITÆ SALUS UT OPUM
CHAMBRES DASSURAN DE ROUEN
Translation:
As happy to save lives as goods
Insurance chambers of Rouen
Comment
In the 16th to 18th centuries (1501-1800) insurance was above all maritime. It is a contract by which an individual undertakes to repair the losses linked to a shipwreck, in return for a certain sum which is paid to the bearer in advance.Under the reign of king Louis XV, the general insurance company obtained the privilege in 1753 to furthermore extend the insurance. Which then included insurance against fires, maritime trade, and house fires.
This insurance coin was issued between 1774-1791 during the reign of King Louis XVI of France and Navarre. (1791-1792 as only king of France) Duly noted this was the last reign of a king of France leading the the French revolution.
Sheldon Numismatic Rarity Scale rating of: R-2
Uncommon - 501-1250 known to exist
