How much money was in the Spanish ship?

How much gold did Spanish galleons carry?

The ship sank somewhere in the wide area off Colombia’s Baru peninsula, south of Cartagena, and is believed to have been carrying 11 million gold and silver coins, emeralds and other precious cargo from Spanish-controlled colonies.

How much was the 1715 Spanish fleet worth?

On July 24th, 1715, Spain’s treasure-rich “New Spain” Fleet sailed from Havana, Cuba with a cargo valued at fourteen million pesos in silver, gold and jewels.

How much is a Spanish galleon worth?

San José was a 64-gun, three-masted galleon of the Spanish Navy. It was launched in 1698, and sank in battle off the coast of Cartagena, Colombia, in 1708, while laden with gold, silver and emeralds worth about US$17 billion as of 2018.

Spanish galleon San José

Tons burthen 1,200 tons
Propulsion Sails

How much was the plate fleet worth?

The recorded value of the fleet was approximately seven million pesos but would have been much more when incorporating unrecorded, smuggled goods.

How much gold did Spain take from the Americas?

Between 1500 and 1650, the Spanish imported 181 tons of gold and 16,000 tons of silver from the New World. In today’s money, that much gold would be worth nearly $4 billion, and the silver would be worth over $7 billion.

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What did Spanish galleon ships carry?

The average weight of the Silver Fleet galleons was six hundred tons, but some weighed one thousand tons. Each galleon carried two hundred marines and much armament to safeguard the cargo against pirate attacks. Spain had two other treasure fleets, both of which operated in the Pacific Ocean.

Where did Spain get their gold?

Almost overnight, Spain became very rich taking home unprecedented quantities of gold and silver. These were stolen from the Incas and the mines that the Spanish came to control. The gold was used by the Spanish monarchy to pay off its debts and also to fund its ‘religious’ wars.