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No. Explorers were given funds for ships and men and they were promised a percentage of the booty they brought home. Columbus was made the Admiral of the Ocean and signed a contract with the crown for what he brought back. Gold is what they were after.

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How much did the Columbus expedition cost?

The Columbus expedition, which set sail in 1492, is estimated to have cost around 2 million maravedís, a significant sum at the time. Funding primarily came from the Spanish monarchs, King Ferdinand and Queen Isabella, who invested in the venture to establish new trade routes and territories. The financial backing included ships, supplies, and crew expenses. Ultimately, the expedition led to the discovery of the New World, which had profound economic implications for Spain.


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The cost of each crusade in the Middle Ages varied significantly, often depending on factors such as the scale of the campaign, the number of participants, and the duration of the expedition. For instance, the First Crusade (1096-1099) likely cost several million silver marks, while later crusades, like the Third Crusade (1189-1192), could reach upwards of 1 million marks, which was a substantial sum at the time. These costs included expenses for transportation, supplies, and equipment, often leading to financial strain on European kingdoms and their populations. Overall, the financial burden of the crusades contributed to various economic and political consequences in the regions involved.


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The expedition to explore the New World was funded by Queen Isabella of Spain. The cost of the expedition was provided by the Spanish crown, which invested around 1,467,000 maravedis (about 30,000 ducats) in total.


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