1/17/2024 0 Comments Atocha silver coins value![]() From Panama City, a port on the pacific side of the Isthmus, treasure from Lima and Potosi continued to arrive by mule train. The Atocha and the Tierra Firme Fleet set off from Spain on March 23, 1622, and after making a brief stop at the Caribbean island of Dominica, went on to the Colombian port city of Cartagena, where they arrived in Portobello on May 24. ![]() The Nuestra Señora de Atocha, a newly built 110-foot galleon, was chosen to serve as the Tierra Firme Fleet's Almiranta. The other galleon, known as the Almiranta, was supposed to trail after. The Capitana the name of the leading ship. Each fleet had two strongly armed guard galleons to help deter pirate attacks. The expedition was timed for an earlier departure because it was well known that the storm season started in late July. The two biggest challenges that the treasure fleets had to overcome were the weather and pirates. The separate fleets reunited in Havana for the return voyage and took the Gulf Stream north along the Florida coast before turning east when they reached the same latitude as Spain. Here, the ships' cargo of silver and gold was carried onboard after being unloaded. The two fleets would separate once they reached the Caribbean, with the Tierra Firme Fleet sailing on to Portobello in Panama and the Nueva España Fleet continuing on to Veracruz, Mexico. Supply ships arrived at the port with the silver, gold, and agricultural products for the return to Spain.Įarly in the year, the fleets set out from Cadiz, Spain, roughly following the path that Christopher Columbus had travelled earlier. From 1561 to 1748, two fleets each year were dispatched to the New World. There was a well-established framework for trade with the colonies. However, the silver and gold mines on the continent were more significant to the throne because they were essential to Spain's future development. Huge swaths of land were allotted to colonists so they could grow tobacco, coffee, and other goods to ship to the mainland. The major colonial cities of North America-Boston, Philadelphia, and New York-would not be established for another 50 years or so. Spanish settlement in the New World spread quickly by the late 1500s, Potosi, Lima, and Mexico City had populations greater than those of the largest Spanish cities.
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