At that point, it is estimated that the Spanish had amassed some eight thousand pounds of gold and silver, not to mention plenty of feathers, cotton, jewels and more.
Who took lots of gold from the Aztecs?
Nearly four decades ago, a construction worker discovered a gigantic bar of gold while excavating ahead of construction of a new building in Mexico City. Now, archaeologists have confirmed that this slab of gold was plundered from the Aztecs by Spanish conquistadors in the 16th century.
How much gold did Cortes steal?
As Leonardo pointed out to us, Cortés sent to Charles V a quinto real (20%) of what the Spaniards had actually received. So, very roughly, Cortés and his men got away with some 200 gold objects – a large booty, but perhaps nothing like what some have imagined over the centuries.
How much gold did Spain take?
Between 1500 and 1650, the Spanish imported 181 tons of gold and 16,000 tons of silver from the New World. In today’s money, that much gold would be worth nearly $4 billion, and the silver would be worth over $7 billion.
Did the Aztecs have much gold?
The Aztecs certainly had lots of gold, but nowhere near as much as the conquistadors believed. … The conventional wisdom was that pre-Columbian tribes worked only gold, copper and platinum found in their native state (i.e. almost pure, and not requiring any smelting).
Why did Spain want gold?
Because Spain had almost no industry they had to buy goods from other country’s. And because gold was used to make coins Spain desperately needed it. Spain also needed to pay for it’s protection against other country’s. Without money Spain was a vulnerable poor country.
What happened when the Spaniards got the gold and silver?
The flow of precious metals made many traders wealthy, both in Spain and abroad. As a result of the discovery of precious metals in Spanish America, Spain’s money supply increased tenfold. The increase in gold and silver on the Iberian market caused high inflation in the 17th century, affecting the Spanish economy.
What is another name for Spanish gold?
Synonyms, crossword answers and other related words for SPANISH GOLD [oro]
How many Spanish galleons were lost?
The hurricane advanced quickly and, one by one, the ships were wrecked. The Nuestra Senora de la Regla sank, sending 200 people and 120 tons of coins to a watery grave. The Santa Cristo de San Ramon went down with 120 sailors aboard. In all, somewhere between 700 and 1,000 people lost their lives in the wrecks.
Where did the Aztecs hide their gold?
Some believe it’s in Kanab and that it’s hidden at the pond of Three Lakes Ranch. “Archeologists believe that the Aztecs thought of this as their homeland,” Brown explained. It’s said that the Aztecs may have used a clever strategy called a water trap to hide their precious jewels.