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The Libertad coins are silver and gold bullion coins originating from Mexico and minted by the La Casa de Moneda de México (Mexican Mint). The Mexican Mint was established in 1535 and is the oldest mint in the Americas. The modern coins contain 99.9% silver or gold (.999 fineness) and are available in various sizes. Both metal coins have ...
100 pesos of the old Mexican peso, 1988 (Series A). Between 1960 and 1971, new coinage was introduced, consisting of brass 1 and 5 centavos, cupro-nickel 10, 25, and 50 centavos, 1, 5, and 10 pesos, and silver 25 pesos (only issued 1968 and 1972). In 1977, silver 100 pesos were issued for circulation.
Faced with this threat to her silver exports, Mexico returned to the old eight-real peso by decree of May 29, 1873, but international trade was already shifting from silver to gold, and after 1873 there was a steady decline in the international price of silver. Until 1873 the Mexican dollar would have been to all intents and purposes equal in ...
The mint's silver eight-real coins and its successor coin, the silver peso, circulated widely in the Americas and Asia well into the 19th century and became the basis of the modern national currencies of many countries in these parts of the world, including the United States dollar, [5] the Japanese yen and the Chinese yuan. [6]
Silver Peso of Philip V. A major drive of the Spanish colonization of the Americas during the late 15th and 16th centuries was the discovery, production, and trading of precious metals at a time when there was a severe shortage of them.
Silver coin: 8 reales Mexico, 1840 GoPJ Silver coin: 8 reales Mexico, 1890 ZsFZ Silver coin: 8 reales Mexico, 1897 GoRS. The real was a currency of Mexico, issued until 1897. [1] There were 16 silver reales to 1 gold escudo, with 8 tlacos to the real. The peso, which circulated alongside the real and eventually replaced it, was equal to 8 reales.
The Spanish dollar, also known as the piece of eight (Spanish: real de a ocho, dólar, peso duro, peso fuerte or peso), is a silver coin of approximately 38 mm (1.5 in) diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g (0.8219 ozt) fine silver.
The monetary unit in the former Spanish colonies was the silver peso, with a value of 8 reales. Silver coins were: cuartillo (1/4 R), medio (1/2 R), real, peseta (2 R), medio peso (4 R), and peso (8 R). If minted to standard, they were either 0·916 fine or (from 1772) 0·902 fine.