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Silver coins of the 1572 type were minted with PHILIPVS IV and a 1/2-real cob was added to the usual 1, 2, 4, and 8-real denominations. There were major gold deposits in Colombia; a mint opened at Santa Fe de Bogotá in 1620, and it produced the first gold coins (cobs) in Spanish America in 1622.
Struck and trimmed by hand in the 16th through 18th centuries at Spanish mints in Mexico, Peru, and Colombia (among others), silver and gold Macuquinas (cobs) are handsomely crude, nearly all with a cross as the central feature on one side and either a coat-of-arms (shield) or a tic-tac-toe-like "pillars and waves" on the other side. Silver ...
Most issued silver coins in denominations of 1 ⁄ 4, 1 ⁄ 2, 1, 2, 4 and 8 reales and gold coins for 1 ⁄ 2, 1, 2, 4 and 8 escudos. Exceptions were the Santo Domingo mint, which did strike maravedíes in the sixteenth century and the Caracas mint which issued fraction of real copper coins in the early nineteenth century to facilitate commerce.
Gold coins were issued in denominations of 1 ⁄ 2, 1, 2, 4 and 8 escudos, with the 2 escudos coin known as the doubloon.Between 1809 and 1849, coins denominated as 80, 160 and 320 reales (de vellon) were issued, equivalent, in gold content and value, to the 2, 4 and 8 escudo coins.
There were silver 1 ⁄ 2, 1, 2, 4 and 8 reales, and gold 1 ⁄ 2, 1, 2, 4 and 8 escudos, with silver 1 ⁄ 4 reales added in 1842. 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.
The Confederation issued Colombia's first postage stamps in August 1859 in denominations of 2 1 ⁄ 2, 5, 10, and 20 centavos and 1 peso. Silver dated 1859–1862 (coins minted at Bogotá are denominated in décimos, those minted at Popayán in reales).666 fine 1/4 décimo or real, 0.831 g.900 fine 1/2 décimo or real, 1.250 g; décimo, 2.500 g
The doubloon (from Spanish doblón, or "double", i.e. double escudo) was a two-escudo gold coin worth approximately four Spanish dollars or 32 reales, [1] and weighing 6.766 grams (0.218 troy ounce) of 22-karat gold (or 0.917 fine; hence 6.2 g fine gold). [2] [3] Doubloons were minted in Spain and the viceroyalties of New Spain, Peru, and New ...
Bertrand's box paradox: the three equally probable outcomes after the first gold coin draw. The probability of drawing another gold coin from the same box is 0 in (a), and 1 in (b) and (c). Thus, the overall probability of drawing a gold coin in the second draw is 0 / 3 + 1 / 3 + 1 / 3 = 2 / 3 .