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Potosí–Acapulco Silver Route
From the 1580s, silver from the Potosí mines of Peru-Bolivia was shipped via Lima and the Isthmus of Panama by Spanish galleons along the Pacific rou…
Timeline
- c. 1581–1584Potosí · BoliviaThe Royal Mint at Potosí refined silver by amalgamation; Inca and local laborers mined it under the mita corvée, and silver bars were carried by mule train south to Chilean ports or north to Lima for assembly.
- c. 1585–1587Acapulco · MexicoThe Manila galleons and the fleets of Mexico's west coast crossed the North Pacific once a year, bringing Peruvian silver to Acapulco, where it was exchanged for Asian goods from the Philippines.
- c. 1588–1590Veracruz · MexicoSilver was carried overland from Acapulco and Puebla to Veracruz, loaded into Spanish treasure fleets for the Atlantic crossing, and entered Europe via Seville, feeding into the return trade system with Asia.
Sources
- Potosí: The Silver City That Changed the World — Kris Lane (2019)