FREE: 1600's Spanish Maravedis **COLONIAL NEW WORLD CURRENCY**

The listing, 1600's Spanish Maravedis **COLONIAL NEW WORLD CURRENCY** has ended.

This coin has deep history, and will come with a 1 Page Printout History, so the winner will always have information about this coin.

Condition Notes: heavy wear present but still retaining a few details.

Metal; Copper
Mint mark: M
Sizes: (dime size )
Description: A Spanish coin from period of the King Philip the 3rd.

FEATURES: LION FRONT / CASTLE BACK

These coins were accepted and were legal tender made specifically for use in the NEW WORLD COLONIES, These were used to make small everyday purchases, and to make change.

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HERE IS SOME OF THE HISTORY;

(Also seen on Wikipedia))

After the discovery of America, copper maravedís, along with silver reales, were the first coins struck in Spain for the purpose of circulation in the New World colonies. These coins, minted with a special design for specific use of the Americas, were first coined in Seville in 1505 for shipment to the colonial island of Hispaniola the following year, thus giving these coins their distinction as the first coins for the New World. By 1531 these coins were still being minted, by now in both Seville and Burgos, and subsequent shipments have been confirmed to other areas such as: Mexico, Panama and Puerto Rico. These maravedís were used as Spanish Colonial change for smaller transactions and after mints were later established in the New World, in both Mexico (ordered in 1535, production began in 1536) and Santo Domingo (ordered in 1536, production began in 1542), coins of this type were also minted there.
The Spanish dollar was the coin upon which the original United States dollar was based; Maravedis, being its sub denomination also remained legal tender in the United States until the Coinage Act of 1857