1835 France. Bank of Valenciennes Foundation (by the Decree of February 25, 1835). Silver Medal. NGC MS-62!
Mint Place: Paris Reference: Gadoury 91-2689. Mint Year: 1835 (struck after 1880!) Condition: Certified and graded by NGC as MS-62! Denomination: Medal - Bank of Valenciennes Foundation (by the Decree of February 25, 1835). Material: Silver Diameter: 27.5mm Weight: 10.33gm
Reverse: Central inscription "Decree of February 25, 1835" in center, surrounded by a a band of stars. Legend: * CAISSE D'EPARGNE DE VALENCIENNES Translate: "Savings bank of Valenciennes."
The "Ordonnance du 25 Février 1835" (Decree of February 25, 1835) was a formal royal decree issued by the French King Louis-Philippe I during the July Monarchy. It primarily served to officially authorize and establish early regional branches of the Caisse d’Épargne (the French Savings Bank), specifically approving their operational frameworks and local governance.
When a town—such as Valenciennes or Sarreguemines—gained royal approval for its bank via these 1835 decrees, they celebrated by striking high-quality commemorative medals. Local administrative board members, elite initial donors, and municipal founders were given these medals to cement their association with an institution meant to bring financial security to the working public.