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Subtotal: 55,00€
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Subtotal: 55,00€
Around 1490, European countries agreed on the creation of a silver coin known for its high purity. Monetary reform began in Spain, leading to the introduction of a new currency type, the 8 reales coin, in 1497.
In 1537, a new coin was minted: the Spanish gold Escudo, valued at 16 times that of the reales. The discovery of vast silver and gold deposits in the New World, particularly in Mexico, Peru, and Bolivia, facilitated the production of new silver coins.
The first coins minted were characterized by an irregular shape, as stamping machines had not yet been invented. At that time, the New World represented a gold mine for the Spanish monarchy. In fact, the first ships transporting gold and silver could not reach Spanish shores due to the weight of the cargo. This free wealth enriched many families in Spain, leading to inflation and contributing to the decline of the Spanish Empire over the following three centuries.
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The Currency of the Conquistadors
The Mexican Coin of 1536
The Peruvian Coin, Before 1598
The "Busto" Piastre
The "Columnar Piastre"
The "Macuquino" Type Coin
The "Perulero" Type Coin
Original jewelry with Conquistador coins?