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"The Black Legend Written in Silver" Topic


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Tango0124 Oct 2019 4:30 p.m. PST

"A dry, cold, desolate mountain in the high Andes seems an unlikely location for a city that, at the end of the 16th century, had a population of 120,000 people and was three times the size of London. Located at 4,000 metres, Potosí's phenomenal growth was based on vast deposits of silver found in the towering Cerro Rico, or Rich Hill, in 1545. Its reputation spread quickly and widely, with images of the city produced as far away as the Ottoman Empire in the 1580s and on Chinese maps a few decades later.

At the peak of production in the 1590s, roughly 200,000 kilograms of silver were mined each year, not counting thousands more that escaped official records. Potosí's silver flooded the global market; the wealth it generated stimulating demand for, and the production of, linen and fine cloths from the Netherlands and France, as well as silk and porcelain from China and cotton cloths from India. It enabled Spain to conduct costly European wars and to overcome the Ottomans…"
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