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Saturday 11 February 2012
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Cobs, Pieces of Eight and Treasure Coins: The Early Spanish-American Mints and their Coinages 1536-1773by Sewall MenzelIn the 1520s the Spanish crown began to realise through expanded explorations of the likes of Hernando Cortez and Francisco Pizarro that it was in charge of an enormous empire requiring extensive settlement and systems of control. Royal mints were founded to control, evaluate and tax gold and silver coming from the mines, as well as to produce the coins needed for everyday commercial transactions. For some 250 years the mints churned out millions of cob-style coins, many of which found their way into the treasure galleons of the day. Soon mints such as Mexico and Potosi became known as the financial 'pillars of empire' and enabled Spain to engage in seemingly endless wars of conquest and plunder. Geography, crown intransigence, bureaucratuc incompetence, royal intrigues and outright scandal all had an impact on the mints and their productions. Browse other Numismatics - General books Browse other America - General books |
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