MEXICO, 1 real, 1773 MoFM


MEXICO, COLONY, 1 real, 1773 MoFM, Reverse: inverted mint & assayor marks, silver, 0.0975 ozT, KM78.1, G

1 in stock

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Because of all of the silver and gold the Spanish colonialists found in Latin America Spain was able to prosecute the wars of the Counter-reformation. They built nice buildings for themselves but otherwise neglected local development. Mexico in particular was rich in resources and people, and was an economic power in the world. By that I mean that for about 300 years world trade was done mostly in what they called, back then, “Spanish dollars.” The vast majority of those were Mexican.