U4GM - How Political Changes Shaped New World Coins
Throughout history, political changes have played a crucial role in shaping the development and design of currency, particularly in the New World. From the colonial era to the present day, shifts in power, revolutions, and economic policies have influenced the coins used across the Americas. The evolution of new world coins reflects the dynamic political landscape, symbolizing both the ambitions of emerging nations and the influence of global economic trends.
One of the earliest impacts of political change on new world coins can be traced back to the Spanish colonization of the Americas. Spain established a vast network of mints, producing silver and gold coins that became the backbone of global trade. The famous Spanish pieces of eight were widely circulated, setting a standard for monetary transactions. However, as colonies fought for independence in the 18th and 19th centuries, newly formed nations sought to create their own distinct currencies. Coins…