They were minted in different locations (Tecpan, Huautla, Oaxaca, Acapulco, Tlacotepec, Chilpancingo, Cerro de Atijo and Tehuacán). Most of these coins were minted in copper, although there are some in silver, after the capture of Oaxaca. They were minted in Mexico, but also in other mints such as Potosi and Lima. The known columnari are among the most beautiful pieces of silver ever minted. It is important to clarify that this is not a new monetary unit, but a coin design that was produced between these dates. These coins are also known as coins of worlds and seas. Mexican coins columnarios (1732-1772)Ĭoins minted between 17 are known as columnarios, when they featured on their reverse two hemispheres suspended over a sea with waves. Here are some examples of old Macuquina Mexican coins and the value paid by coin collectors for them. It must be said that at this time the Mexican coin became the best known and most valued international currency in the international markets. Many macuquinas have a coarse workmanship and finish, with irregular thickness, but minted in precious metals. For this reason, quality standards were very low. It is assumed that it was at this time, since there is no known macuquina prior to this date.ĭuring this period, the priority was to mint coins in large quantities to satisfy the demand for money in the Spanish Empire. The first macuquinas did not have a date, however, from 1607 onwards they began to be dated. These coins were minted under the reign of Philip II and up to the first reign of Philip V. The Mexican Macuquina coins replaced the pieces with the design of Carlos and Juana. It is estimated that, at present, one of these could be auctioned for up to 1 million dollars. Just to give you an idea, in 2008, two examples of the 8 reals of Charles and Joanna were auctioned for between 300 and 400 thousand dollars. It follows that they are very valuable and desired by collectors with high purchasing power. These coins are extremely rare and scarce. Even so, their workmanship is impeccable.Īs a curious fact, on these coins we can find the PLUS ULTRA motto, present on many Spanish coins throughout history, even on Franco’s pesetas. The coins of Charles and Joanna were stamped by hand, striking the coin blanks until the designs were stamped on them. The phrase was minted in Latin (CAROLUS ET IOHANA REGES), according to the customs of the time. The first issues of ancient Mexican coins are known as Carlos and Juana coins, because they show the names of the Spanish kings on the obverse. Thus, the first coins in all of the Americas are Mexican. Interestingly, from the very beginning, Mexican coins have always been marked with a Latin M to indicate their place of origin. One year after the royal authorization for the manufacture of American coins was issued. Historians seem to agree that the first minting of ancient Mexican coins occurred specifically in April 1536. The history of Mexican numismatics begins in 1535 when Viceroy Don Antonio de Mendoza created the first mint in Mexico, and in all of America, by mandate of King Carlos I and Queen Juana. You will be in a position to delve deeper into those stages, types of coins or specific pieces that are most interesting to you. It would be impossible to do so without making this text (already quite extensive) impossible to read.īy the end of reading, you will have a general idea of the most valuable ancient Mexican coins. We will stop at the best known and most valuable specimens of each stage, but without going in depth on any one in particular. In this guide we will review the entire history of Mexican numismatics. It is a country with a great numismatic tradition and thousands of beautiful variants of ancient coins perfect for collecting. Mexico is one of the most interesting countries for any novice coin collector.
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