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Essay

Kulanting

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Clare W

 

Date added:

September 21, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 754

 

Was viewed:

920 times

 

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Essay content:

The inconvenience of barter later led to the use of some objects as medium of exchange. Gold, which was plentiful in many parts of the islands, invariably found its way into these objects that included the piloncitos, small bead-likeb gold bits considered by the local numismatists as the earliest coin of the ancient Filipinos, and gold barter rings...
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At the end of the Spanish regime, Philippine money was a multiplicity of currencies that included Mexican pesos, Alfonsino pesos and copper coins of other currencies. The cobs or macuquinas of colonial mints were the earliest coins brought in by the galleons from Mexico and other Spanish colonies. The silver dos mundos or pillar dollar is considered one of the world’s most beautiful coins...
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