In 1519, Hernan Cortez conquered Mexico forced the people to work the gold mines. Yearly fleets would take thousands of pounds of gold bars and gold coins back to Spain in which many of them sank on there journey. Though gold coins were scarce in the small colonies, these coins were plentiful in the big cities.
The obverse consists of the pillars of Hercules the coins denomination either 8,4,2, and 1 escudos. The reverse depicts the towers of Castile the lions of Leon with a cross which was used a guide to cut the coins in half or quarters, if change was needed.
AN EXACT REPLICA