Secrets of the crown(Treasure Branding Symbols)

[ORO18]

What is called treasure to us today was curency to the enhabitance of the new world,16-1700's new spain. Could this have been an approved tactic to establish trade and commerce during the birth of a newly occupied land.

 

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[Crosse De Sign]

What is called treasure to us today was curency to the enhabitance of the new world,16-1700's new spain.

https://en.wikipedia.org/wiki/Currency_of_Spanish_America

Coinage in America
Old world coin types used in early America are known from archeological evidence of coin hoards commencing at Santo Domingo, circa 1500, and onward. Most any coin used in the old world could have migrated to the new, with explorers and settlers embarking from many ports with some local change in their purses. On arrival in America the first coins were walked about, able to be found hundreds of miles away from where their owners first stepped ashore. Coin types found in abundance, such as "blancas" of the Catholic Monarchs, were likely drivers of early commerce, and not mere keepsakes of the immigrants. The first new world mint was authorized in 1536 at New Spain, Mexico City.

Could this have been an approved tactic to establish trade and commerce during the birth of a newly occupied land.

Coinage in Spain
The output of vellón in 1621–1626 was prodigious. Since 1599 over 15 billion maravedíes worth of vellón had been minted. Silver was constantly at a premium, and prices rose sharply. Then the influx of silver began declining in the 1630s as more silver was retained in America for colonial needs.

Coinage in America
In 1675 Mexico was finally authorized to mint gold, producing its first gold cobs in December 1679, Lima minted its first gold in 1696.

The silver coins of the 16th century bore an irregular row of dots near the rim, which became more regular during the 17th century as gold coins took on a rounder, standard shape. The circle of dots (cordoncillo) was placed closer to the edge. Silver coins followed the gold in adopting these improved details, but the piece of eight did not show a clear outline until 1709.

Currency of Spain https://en.wikipedia.org/wiki/Currency_of_Spain