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It was all coinage and was bartered for goods just like it is today. Wrong answer, you loose, the money that was in circulation in those years was made in Mexico, it had the two pillars just like the Spanish coat of arms, with the ribbon's, and it had an M o which meant the mint of Mexico, the coins made in Mexico were so valuable, that every single country in the world cherished them for their value in silver, even in China it was the only currency the Chinese accepted. Most of the world currency in Mexico City Mint
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