PARIS. Action hypothécaire de F1000. black. No 87. The fourth Banque of France, founded August 1799. It was mainly a real estate bank, selling the 'biens nationaux', often confiscated property by the French state after the French Revolution 10 years earlier. The banque was founded by Pierre Samuel du Pont de Nemours and Jean-Barthélémy Le Couteulx de Canteleu (the founder of the national bank of France, la Banque de France) and Jacques Necker (important politician and financer, principal adviser of King Louis XVI). This piece is signed by PIERRE SAMUEL DU PONT DE NEMOURS (1739-1817). He was a major financier of the period; in 1782 he contributed to resolving the financial problems arising from American independence, and was a friend of presidents Jefferson and Madison and co-negotiated the Louisiana-purchase. Together with his son, Eleuthère Irénée, he founded the great American armaments and chemicals company that still bears his name today. In excellent condition for its age. The earliest French bank share we know of. Rarity 8.
Themes: BANK & FINANCE, BEFORE 1800
DU PONT DE NEMOURS, Pierre Samuel
Date: 5 November 1803
Startprice: € 800