World of Coins

Modern European coins except the euro => France => Topic started by: Afrasi on March 05, 2019, 09:04:06 PM

Title: What was the purpose of the many octagonal silver medals of France?
Post by: Afrasi on March 05, 2019, 09:04:06 PM
A question I asked my self since years:

What was the purpose of those octagonal silver medals of France?
Title: Re: What was the purpose of the many octagonal silver medals of France?
Post by: bagerap on March 06, 2019, 02:14:37 AM
Jetons de Présence would, in todays world be classed as Attendance Fees. In 18th and 19th Century France, directors of companies or syndicates were presumed to be wealthy individuals. It would therefore be an affront to offer money in return for their directorial efforts. Thus was born the Jeton de Présence, a piece of silver equal in size and value to a high value circulating coin.
Title: Re: What was the purpose of the many octagonal silver medals of France?
Post by: Afrasi on March 06, 2019, 01:37:53 PM
Thank You! :)