Author Topic: What was the purpose of the many octagonal silver medals of France?  (Read 92 times)

0 Members and 1 Guest are viewing this topic.

Offline Afrasi

  • Moderator
  • Honorary Member
  • *****
  • Posts: 2 478
  • To do is to doo be dooh ...
A question I asked my self since years:

What was the purpose of those octagonal silver medals of France?

Offline bagerap

  • Honorary Member
  • *****
  • Posts: 1 199
Re: What was the purpose of the many octagonal silver medals of France?
« Reply #1 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.

Offline Afrasi

  • Moderator
  • Honorary Member
  • *****
  • Posts: 2 478
  • To do is to doo be dooh ...
Re: What was the purpose of the many octagonal silver medals of France?
« Reply #2 on: March 06, 2019, 01:37:53 PM »
Thank You! :)