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The Libertad coins are silver and gold bullion coins originating from Mexico and minted by the 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 ...
During the Mexican War of Independence (1810-1821), numerous mints operated, providing coins for both the supporters and opponents of the Spanish crown. The Royalist issued coins at mints in Chihuahua, Durango, Guadalajara, Guanajuato, Nueva Viscaya, Oaxaca, Real del Catorce, San Fernando de Bexar, San Luis Potosí, Sombrerete, Valladolid Michoacán and Zacatecas.
The restored Mexican republic under Benito Juárez and Porfirio Díaz continued the minting of centavo coins in base metal or silver, as well as gold coins in pesos, but it had to revert the silver 1-peso coin to the old eight reales "cap-and-ray design" from 1873 to 1897 after East Asian merchants rejected or discounted the newly designed peso ...
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 ...
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]
This doubloon of 8 escudos eventually became the most common Spanish gold coin, equivalent to 16 silver pesos. The 1566 reform also provided for a silver 8-real coin, the real de a ocho or peso duro (which had already been minted in Spain in limited number). This coin, 39–40 mm, 27·468 g, containing 25·561 g pure silver, was now struck in ...
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