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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 undergone a design change. In 1989, 3,500 1 ⁄ 4 ounce Libertad platinum coins were produced. Libertads are devoid of face value, yet are legal ...
Traditional metal working in Mexico dates from the Mesoamerican period with metals such as gold, silver and copper. Other metals were mined and worked starting in the colonial period. The working of gold and silver, especially for jewelry, initially declined after the Spanish conquest of the Aztec Empire. However, during the colonial period ...
Other types of bezel settings, less used in modern jewelry, are swivel bezels where the bezel, perhaps just formed of a stone with a metal rod through it, can rotate, and box bezels, where a "box" or cage forms the bezel, often sitting on the main ring hoop, and perhaps open at the top where there is a stone. [7]
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]
Copper coins for 1 ⁄ 16, 1 ⁄ 8 and 1 ⁄ 4 real were issued both by the Federal government at the Mexico City mint and by the state governments at various mints around the country. On the republic's coins, the Mexican eagle moved to the obverse, with the legend "República Mexicana". The reverse featured a liberty cap with rays behind. The ...
A silver Spanish dollar minted in Mexico City c. 1650. After the introduction of the Guldengroschen in Austria in 1486, the concept of a large silver coin with high purity (sometimes known as "specie" coinage) eventually spread throughout the rest of Europe. Monetary reform in Spain brought about the introduction of an 8-real (or 1-peso) coin ...