Jacques Cœur

Jacques Cœur (c. 1395 in Bourges – 25 November 1456 in Chios), was a French merchant, one of the founders of the trade between France and the Levant.

He was born at Bourges, the city where his father, Pierre Cœur, was a rich merchant. Jacques is first heard of around 1418, when he married Macée de Léodepart, daughter of Lambert de Léodepart, an influential citizen, provost of Bourges and a former valet of John, Duke of Berry.

About 1429 he formed a commercial partnership with two brothers named Godard; and in 1432 he was at Damascus, buying and bartering, and transporting the wares of the Levant—gall-nuts, wools and silks, mohair, brocades and carpets—to the interior of France by way of Narbonne. In the same year he established himself at Montpellier, and there began the gigantic operations which have made him illustrious among financiers. Details are wanting; but it is certain that in a few years he placed his country in a position to contend fairly well with the great trading republics of Italy, and acquired such a reputation as to be able, mere trader as he was, to render material assistance to the knights of Rhodes and to Venice itself.

In 1436, Cœur was summoned to Paris by Charles VII, and made master of the mint. This post was of great importance, and the duties onerous. The country was deluged with base monies from three reigns, charged with superscriptions both French and English, and Charles was determined to make sweeping reforms. In this design he was ably seconded by the merchant, who, in fact, inspired or prepared all the ordinances concerning the coinage of France issued between 1435 and 1451. In 1438, he was made steward of the royal expenditure; in 1441 he and his family were ennobled by letters patent. In 1444, he was sent as one of the royal commissioners to preside over the new parliament of Languedoc in Pézenas, where his house can still be seen, a position he held until the day of his disgrace. In 1445, his agents in the East negotiated a treaty between the sultan of Egypt and the knights of Rhodes; and in 1447, at his insistence, Jean de Village, his nephew by marriage, was charged with a mission to Egypt. The results were most important; concessions were obtained which greatly improved the position of the French consuls in the Levant, and that influence in the East was thereby founded which, though often interrupted, was for several centuries a major commercial glory for France. In the same year, Cœur assisted in an embassy to Amadeus VIII, former Duke of Savoy, who had been chosen Pope as Felix V by the council of Basel and in 1448 he represented the French king at the court of Pope Nicholas V where he was able to arrange an agreement between Nicholas and Amadeus, and so end the papal schism. Nicholas treated him with the utmost distinction, lodged him in the papal palace, and gave him special licence to traffic with the infidels. From about this time he made advances to Charles to carry on his wars and in 1449, after fighting at the King's side throughout the campaign, he entered Rouen in Charles' triumphal procession.

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