Silver deposits at Potosi and Zacatecas launched transatlantic Spanish mining trade
Evidence
In 1545 rich silver deposits were located at Potosi in what is now Bolivia and three years later more at Zacatecas in Mexico. By the 1560s, when Drake first saw the Caribbean, the mines were producing upon a large and regular scale, and a transatlantic trade between Seville and the New World had emerged. — John Sugden, Sir Francis Drake, 84
Categorization
- corroborated: 2 independent passages support this claim — John Sugden, Sir Francis Drake, 84
- XREF: connects to: The Spanish discovered silver mines that powered the first global currency. — Neil MacGregor, A History of the World in 100 Objects, 1138; The Spanish piece of eight dominated global currency until the nineteenth century. — Neil MacGregor, A History of the World in 100 Objects, 1224; Potosà is synonymous with wealth in Spanish culture to this day. — Neil MacGregor, A History of the World in 100 Objects, 1240
Library Connections
- The Spanish discovered silver mines that powered the first global currency.
#expands(0.85) — Neil MacGregor, A History of the World in 100 Objects, 1138
Broader Connections
- The Spanish piece of eight dominated global currency until the nineteenth century.
#expands(0.75) — Neil MacGregor, A History of the World in 100 Objects, 1224 - Potosà is synonymous with wealth in Spanish culture to this day.
#expands(0.70) — Neil MacGregor, A History of the World in 100 Objects, 1240