Silver is indispensable.
From industrial use to decoration, technology,
photography and medicine, its unique properties of
strength, malleability, reflectivity and conductivity
make it an irreplaceable force in the global market.
The New World, the
Peso/Dollar and Pacific Trade
With the colonization of the
Americas after 1492, great amounts of silver began to
flow from the New World to the old. Especially the
silver mines in Bolivia and Mexico gave rise to large
silver coins. Within decades after Columbus' discovery,
silver coins were minted in the Americas and shipped to
Spain. The coins minted in the Americas were initially
of a very crude fabric.
Silver Coins of Europe
Silver mining began early when the
Americas were at its simple beginnings, also known at
this time as the "New World." Europeans quickly began to
exploit the silver mines, particularly those in South
America, to answer a demand for silver in Europe
inspired by the fine craftsmanship of the Renaissance