Denmark. AE Medal, 1921. For the 50th anniversary of the Danish Farmer's Bank (Danske Landmandsbanks). D/ Bust of female allegoric figure right, holding cornucopiae; below, coat of arms flanked by the years 1871 and 1921 on incuse tablets; in the background industry buildings. R/ Farmer ploughing with two horses; below, roses and inscription in five lines. 326.9 g. 90 mm. Opus: Alphonse Mauqouy. R. Rare. Minor oxidation spots. Good VF. Whilst the attribution to Alfons Mauquoy seems without doubt, the medal is not listed in the medallist’s catalogue raisonée.
The Danish Farmer’s Bank was founded by Hartvig Abrahamsson Gedalia, a saddle maker who traded bonds and shares as a sideline. By 1910 it had become the largest bank in Scandinavia. But only a year after this medal was struck the post-World War I economic crisis pushed the bank to near-failure from which the state was forced to bail it out.
The Danish Farmer’s Bank was founded by Hartvig Abrahamsson Gedalia, a saddle maker who traded bonds and shares as a sideline. By 1910 it had become the largest bank in Scandinavia. But only a year after this medal was struck the post-World War I economic crisis pushed the bank to near-failure from which the state was forced to bail it out.
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