2 years ago

What is an effect of the sinking of the Mercedes in 1804?

1 answer:

5 0

The sinking of the Mercedes also deprived the Spanish Crown of about 600,000 gold and silver coins weighing 17 metric tonnes in total. It is estimated that the massive haul of bullion is valued at around $500 million today, so one can only imagine how much tax revenue this represented over 200 years ago.

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