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Spanish Maravedis "cobs" of the 1600s

In this live stream, we will discuss and examine Spanish Maravedis of the 1600s. They are interesting and affordable coins that were minted and used at a time when Spain's New World settlements were growing rapidly and producing enormous amounts of wealth for the royal treasury. NOTE: Earlier in this video, I suggest that the Maravedis "circulated" in the New World colonies. This may have been the case in the Spanish colonies, but certainly not to the extent that silver was accepted in the Spanish "New World". However, it is improbable that Maravedis were accepted in the English colonies, and I have found no historical records to indicate that they were used there. It is a fact that Maravedis have been found in various archaeological sites in the English colonies. My theory is that Maravedis found their way to the English colonies as tokens or oddities, and not as coinage of commerce. In their greatest extent, Maravedis were coins that were used in "Old Spain", not "New Spain". I hope this clarifies that point. The background music was obtained from www.freemusicpublicdomain.com Be sure to visit and support their site.

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