Investigating the Sources of Silver in 17th- and 18th-Century Silver Coins from the Shipwreck by Compositional Studies.

The colonisation of the Americas and the discovery of its rich ores had a great impact on the world economies, making them quickly become the main suppliers of precious metals in Europe. The compositional studies of several coins (ducatons, eight reales cob8, four reales cob4, eight reales pillar dollar, four reales half pillar dollars, rijderschellings and silver rijders) recovered from the 18th-century Dutch East India Company wreck by micro X-ray fluorescence (µXRF) spectroscopy revealed further knowledge about the silver trade and the silver sources used to produce coins in mints in the Low Countries over a wide timeframe (1618-1739). The results provided trace elemental 'fingerprints' of coins minted with silver from known mines, and matching against them revealed the silver sources used in coins, whose mint location could not be identified due to their poor state of preservation. This study proved that, despite the decrease in silver production in European mines in the 17th century and the huge influx of American silver into Europe, in the 18th century, the mints in the Dutch Republic and, to a lesser extent, in the Spanish Netherlands still highly relied on the recycling of older coins and on the import of silver from central European mines.