Abstract
The opening of the Mexican, Santo Domingo, Lima, and Potosi mints occurred in the sixteenth-century. Despite pressure from other parts of the empire for creation of casas de moneda , only one mint was established of the Spanish empire in the seventeenth century, at Santa Fe de Bogota in the late 1620s in gold-rich New Granada. At the very end of the seventeenth century in 1694, the Portuguese set up a mint in Bahia in 1694, but in Spanish America Guatemala, Santiago de Chile , and Popayan waited until the eighteenth century for their cecas . Brazilian mints provide more coin in small denominations than those of Spanish America. Mints provide a source of coin for the payment of taxes to the crown in effective currency which had previously been paid in kind. The creation of state-run mints also increased royal authority in the Indies. Keywords: Brazilian mints; casas de moneda ; colonialmints; Popayan mint; Santa Fe de Bogota; Santiago de Chile; Santiago de Guatemala
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