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They were first minted in [[1536]], and quickly became a global standard, because of their rather reliably standard weight and purity. Largely minted using silver from South American mines such as Potosi, Spanish coins traveled to East Asia in massive volumes aboard the [[Manila galleons|Acapulco-Manila galleons]]. They soon came to circulate even in China, especially in and around [[Guangzhou]]. By the 19th century Spanish dollars were widely circulating as-is in many parts of the region, rather than being melted down; this was especially the case in southern China.
They were first minted in [[1536]], and quickly became a global standard, because of their rather reliably standard weight and purity. Largely minted using silver from South American mines such as Potosi, Spanish coins traveled to East Asia in massive volumes aboard the [[Manila galleons|Acapulco-Manila galleons]]. They soon came to circulate even in China, especially in and around [[Guangzhou]]. By the 19th century Spanish dollars were widely circulating as-is in many parts of the region, rather than being melted down; this was especially the case in southern China.
Some 350 million ''reales'' worth of silver flowed into China over the course of the 16th-19th centuries, including 150 million in the 18th century alone.<ref>Marsall Sahlins, "Cosmologies of Capitalism," Nicholas Dirks and Sherry Ortner et al. (eds.), ''Culture/power/history: a reader in contemporary social theory'', Princeton University Press (1993), 419.</ref>
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==References==
==References==
*Gallery labels, Museum of the Chinese in America.[https://www.flickr.com/photos/toranosuke/10568840325/in/dateposted-public/]
*Gallery labels, Museum of the Chinese in America.[https://www.flickr.com/photos/toranosuke/10568840325/in/dateposted-public/]
<references/>
[[Category:Sengoku Period]]
[[Category:Sengoku Period]]
[[Category:Economics]]
[[Category:Economics]]