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Columnarios
Columnarios are silver coins that were minted by Spain from 1732 to 1773 throughout its New World colonies. While the majority of columnarios were struck in Mexico, smaller mints existed in Guatemala; Lima, Peru; Santiago, Chile; Potosí, Bolivia; and Colombia. The base denomination is an 8 reales coin (aka Piece of eight or Spanish dollar). Other minor denominations included 4 reales, 2 reales, 1 real, and 1/2 real. The 8 reales coin is the predecessor to the American dollar. Before the United States Mint was in production, columnarios circulated, along with other coinage, in the US colonies, as legal tender until the middle of the 19th century. Prior to the columnario, Spanish coins were hammer struck. These rather crude looking coins were called cobs. Clipping was a problem with cobs as it was easy to shave small amounts of silver from their edges, and although this action was punishable by death, it was still a widespread occurrence. The columnario, unlike the odd-s ...
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Cob (coin)
The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g = 0.822 oz t fine silver. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency. Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century. The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 oz t = 24.0566 g), and it remained legal tender in the United States until the Coinage Act of 1857. Many other currencies around the world, such as the Japanese yen and the Chinese yuan, were initially based on the Spanish dollar and other 8-real coin ...
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Spanish Dollar
The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g = 0.822 oz t fine silver. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency. Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century. The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 oz t = 24.0566 g), and it remained legal tender in the United States until the Coinage Act of 1857. Many other currencies around the world, such as the Japanese yen and the Chinese yuan, were initially based on the Spanish dollar and other 8-real ...
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Potosi Real
Potosí or Potosi may refer to: Places United States * Potosi, Missouri, in Washington County * Potosi, Nevada, a ghost town in Clark County, Nevada * Potosi, Texas, in Taylor County * Potosi (town), Wisconsin, in Grant County ** Potosi, Wisconsin, a village within the Town of Potosi Elsewhere * Potosí, the capital of Potosí Department, Bolivia, a UNESCO World Heritage Site * Potosí Department, a department in southwestern Bolivia * Potosi, Venezuela, a disestablished town in Táchira * San Luis Potosí City, capital and most populous city of San Luis Potosí, Mexico Mountains * Potosi Mountain (Nevada), U.S. * Potosí mountain range or ''Cordillera de Potosí'', to the southeast of the city of Potosí, Bolivia * Potosi Peak, in the Sneffels Range, Colorado, US * Cerro de Potosí, a mountain near the city of Potosí, Bolivia, also known as ''Cerro Rico''; a Spanish colonial mining site * Cerro Potosí, a mountain in Nuevo León, Mexico * Huayna Potosí, a mountain in ...
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United States Mint
The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money; that responsibility belongs to the Bureau of Engraving and Printing. The first United States Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point. History The Massachusetts Bay Colony established a mint in Boston in 1652. John Hull was Treasurer and mintmaster; Hull's partner at the "Hull Mint" was Robert Sanderson. The historical marker reads: The first authorization for the establishment of a mint in the United States was in a resolution of the Congress of the Confederation of February 21, 1782, and the first general-circulation coin of the United Stat ...
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Spanish Colonization Of The Americas
Spain began colonizing the Americas under the Crown of Castile and was spearheaded by the Spanish . The Americas were invaded and incorporated into the Spanish Empire, with the exception of Brazil, British America, and some small regions of South America and the Caribbean. The crown created civil and religious structures to administer the vast territory. The main motivations for colonial expansion were profit through resource extraction and the spread of Catholicism by converting indigenous peoples. Beginning with Columbus's first voyage to the Caribbean and gaining control over more territory for over three centuries, the Spanish Empire would expand across the Caribbean Islands, half of South America, most of Central America and much of North America. It is estimated that during the colonial period (1492–1832), a total of 1.86 million Spaniards settled in the Americas, and a further 3.5 million immigrated during the post-colonial era (1850–1950); the esti ...
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Silver Coins
Silver coins are considered the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver. As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar. Other than collector's silver coins, silver bullion coins are popular among people who desire a " hedge" against currency inflation or store of value. Silver has an international currency symbol of XAG under ISO 4217. Origins and early development of silver coins The earliest coins in the world were minted in the kingdom of Lydia in Asia Minor around 6 ...
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Medieval Currencies
In the history of Europe, the Middle Ages or medieval period lasted approximately from the late 5th to the late 15th centuries, similar to the post-classical period of global history. It began with the fall of the Western Roman Empire and transitioned into the Renaissance and the Age of Discovery. The Middle Ages is the middle period of the three traditional divisions of Western history: classical antiquity, the medieval period, and the modern period. The medieval period is itself subdivided into the Early, High, and Late Middle Ages. Population decline, counterurbanisation, the collapse of centralized authority, invasions, and mass migrations of tribes, which had begun in late antiquity, continued into the Early Middle Ages. The large-scale movements of the Migration Period, including various Germanic peoples, formed new kingdoms in what remained of the Western Roman Empire. In the 7th century, North Africa and the Middle East—most recently part of the Eastern Roman ...
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Bay Laurel
''Laurus nobilis'' is an aromatic evergreen tree or large shrub with green, glabrous (smooth) leaves. It is in the flowering plant family Lauraceae. It is native to the Mediterranean region and is used as bay leaf for seasoning in cooking. Its common names include bay tree (esp. United Kingdom), bay laurel, sweet bay, true laurel, Grecian laurel, or simply laurel. ''Laurus nobilis'' figures prominently in classical Greco-Roman culture. Worldwide, many other kinds of plants in diverse families are also called "bay" or "laurel", generally due to similarity of foliage or aroma to ''Laurus nobilis''. Description The laurel is an evergreen shrub or small tree, variable in size and sometimes reaching tall. The genus ''Laurus'' includes four accepted species, whose diagnostic key characters often overlap. The bay laurel is dioecious ( unisexual), with male and female flowers on separate plants. Each flower is pale yellow-green, about diameter, and they are borne in p ...
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Metallurgical Assay
A metallurgical assay is a compositional analysis of an ore, metal, or alloy, usually performed in order to test for purity or quality. Some assay methods are suitable for raw materials; others are more appropriate for finished goods. Raw precious metals (bullion) are assayed by an assay office. Silver is assayed by titration, gold by cupellation and platinum by inductively coupled plasma optical emission spectrometry (ICP OES). Precious metal items of art or jewelry are frequently hallmarked (depending upon the requirements of the laws of either the place of manufacture or the place of import). Where required to be hallmarked, semi-finished precious metal items of art or jewelry pass through the official testing channels where they are analyzed or assayed for precious metal content. While different nations permit a variety of legally acceptable finenesses, the assayer is actually testing to determine that the fineness of the product conforms with the statement or claim of ...
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New World
The term ''New World'' is often used to mean the majority of Earth's Western Hemisphere, specifically the Americas."America." ''The Oxford Companion to the English Language'' (). McArthur, Tom, ed., 1992. New York: Oxford University Press, p. 33: "[16c: from the feminine of ''Americus'', the Latinized first name of the explorer Amerigo Vespucci (1454–1512). The name ''America'' first appeared on a map in 1507 by the German cartographer Martin Waldseemüller, referring to the area now called Brazil]. Since the 16c, a name of the western hemisphere, often in the plural ''Americas'' and more or less synonymous with ''the New World''. Since the 18c, a name of the United States of America. The second sense is now primary in English: ... However, the term is open to uncertainties: ..." The term gained prominence in the early 16th century, during Europe's Age of Discovery, shortly after the Italian explorer Amerigo Vespucci concluded that America (now often called ''the ...
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Old World
The "Old World" is a term for Afro-Eurasia that originated in Europe , after Europeans became aware of the existence of the Americas. It is used to contrast the continents of Africa, Europe, and Asia, which were previously thought of by their inhabitants as comprising the entire world, with the "New World", a term for the newly encountered lands of the Western Hemisphere, particularly the Americas. Etymology In the context of archaeology and world history, the term "Old World" includes those parts of the world which were in (indirect) cultural contact from the Bronze Age onwards, resulting in the parallel development of the early civilizations, mostly in the temperate zone between roughly the 45th and 25th parallels north, in the area of the Mediterranean, including North Africa. It also included Mesopotamia, the Persian plateau, the Indian subcontinent, China, and parts of Sub-Saharan Africa. These regions were connected via the Silk Road trade route, and they have a pr ...
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Pillars Of Hercules
The Pillars of Hercules ( la, Columnae Herculis, grc, Ἡράκλειαι Στῆλαι, , ar, أعمدة هرقل, Aʿmidat Hiraql, es, Columnas de Hércules) was the phrase that was applied in Antiquity to the promontories that flank the entrance to the Strait of Gibraltar. The northern Pillar, Calpe Mons, is the Rock of Gibraltar. A corresponding North African peak not being predominant, the identity of the southern Pillar, Abila Mons, has been disputed throughout history, with the two most likely candidates being Monte Hacho in Ceuta and Jebel Musa in Morocco. History According to Greek mythology adopted by the Etruscans and Romans, when Hercules had to perform twelve labours, one of them (the tenth) was to fetch the Cattle of Geryon of the far West and bring them to Eurystheus; this marked the westward extent of his travels. A lost passage of Pindar quoted by Strabo was the earliest traceable reference in this context: "the pillars which Pindar calls the ' ...
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