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Mexico coinage

Pre-Columbian: Indigenous civilizations (Aztec, Maya) used cacao beans, cotton cloth, and copper axe money as mediums of exchange rather than struck coins.

 

Spanish Colonial (1535–1821):

 

In 1535, the Mexico City Mint (Casa de Moneda de México) was established, the first mint in the Americas.

 

Issued silver Reales and gold Escudos, most famously the "Pieces of Eight" (8 Reales) which became a global trade currency.

 

The "pillar dollar" (with two pillars and waves design) symbolized Spain’s reach across the Old and New Worlds.

 

 

Independent Mexico (1821–present):

 

Introduced republican coinage with the "Cap and Rays" design (1823 onwards).

 

Later switched to pesos with portraits, and eventually modern peso issues.

 

Mexico remains one of the most historically influential mints due to its global silver output.

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Chile

Colonial Period (1500s–1818):

 

Initially used imported Spanish colonial coins, mostly from Peru (Lima Mint) and Potosí (modern Bolivia).

 

No major minting in Chile under Spain until independence.

 

 

Post-Independence:

 

First Chilean coins struck in 1817, showing symbols of liberty.

 

Adopted the "Volcano Peso" design (early 19th century), emblematic of Chile’s landscape.

 

Later introduced escudos and pesos with national symbols (condor, volcano, liberty cap).

 

 

Modern Era: Stable silver and gold issues in the 19th century, followed by copper-nickel in the 20th.

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Cuba coinage

Colonial Period (1511–1898):

 

No local minting under Spain; used Spanish colonial reales and escudos mainly from Mexico, Lima, and Potosí.

 

U.S. coins also circulated widely in the 19th century due to trade.

 

 

Republic (1902–1958):

 

Established its own coinage after independence.

 

Iconic “Liberty Cap with Rays” pesos and coins with José Martí’s portrait.

 

 

Post-Revolution (1959–present):

 

Introduced socialist-themed designs, often with revolutionary leaders and national emblems.

 

Dual currency system (CUP and CUC, the latter phased out in 2021).

United States & North America (general)

Colonial America (1600s–1776):

 

Early colonies used Spanish colonial reales, wampum (beads), and foreign silver.

 

Some colonies issued local tokens or paper money (e.g., Massachusetts Bay Colony pine tree shillings).

 

 

Post-Independence USA:

 

The U.S. Mint established in 1792, first coins struck in 1793.

 

Designs evolved from Liberty heads to iconic series like the Morgan Dollar, Standing Liberty, Saint-Gaudens Gold, etc.

 

The U.S. dollar eventually replaced Spanish colonial coinage.

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