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<p>[QUOTE="expat, post: 24620308, member: 111067"]I read somewhere in the past that it was the Venezuelan and Mexican silver causing problems. People were exporting the 1 Peso and exchanging them for a profit and causing a coinage crisis. The Spanish government then decreed that the coins produced in Madrid would be countermarked with 27 Fleur de Lys on the edge for use only in Puerto Rico and would not be accepted anywhere else, putting a halt to profiteering.[/QUOTE]</p><p><br /></p>
[QUOTE="expat, post: 24620308, member: 111067"]I read somewhere in the past that it was the Venezuelan and Mexican silver causing problems. People were exporting the 1 Peso and exchanging them for a profit and causing a coinage crisis. The Spanish government then decreed that the coins produced in Madrid would be countermarked with 27 Fleur de Lys on the edge for use only in Puerto Rico and would not be accepted anywhere else, putting a halt to profiteering.[/QUOTE]
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