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Classical Numismatic Group, LLC
Auction 121  6-8 Oct 2022
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Lot 1233

Estimate: 300 USD
Price realized: 1500 USD
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FRANCE, Second Empire. Napoléon III. 1852-1870. AR Medal (51mm, 64.33 g, 12h). Legislative Session of 1869. By Barré. Dated 1869. Presented to Émile Pereire. NAPOLEON III EMPEREUR, laureate head right / * CORPS LEGISLATIF * SESSION DE 1869, ÉMILE/ PEREIRE/ (GIRONDE) within wreath. Collignon –. Once wiped, now retoned. EF.

Émile Pereire served from 1863 to 1869 as a member of the Corps Legislatif for Gironde, but he and his brother Isaac are even more well known for their involvement in France's financial sector. The brothers' grandfather was Jacob Rodrigues Pereira, a Spanish Sephardi Jew who moved to France in 1741, where he helped develop French sign language and served as an interpreter for Louis XV. Émile and his brother engaged in a number of successful business ventures in the 1830s, including heavy involvement in financing the construction of France's railways, and their house was a major competitor of the Rothschilds. In 1852, the brothers founded Crédit Mobilier, continuing their involvement in railroad and other financing. Despite the eventual failure of the bank and a general decline in the family's fortune, the Pereires were major contributors to France's internal development during the Second Empire.
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