Dorothy Hosler discusses the presence of metals being used for money in Mesoamerica, such as thin, axe-shaped pieces of sheet metal.
Dorothy Hosler, The Sounds and Colors of Power: The Sacred Metallurgical Technology of West Mexico (Cambridge: MIT Press, 1994), 109-10, 121, 130-32, 156, 166-68, 171-74
At Ayalán, the large Integration Period cemetery southwest or Guayaquil, archaeologists excavated a large corpus of metal objects from urn and extended burials (Ubelaker 1981): rings, nose rings, pendants, tweezers, and axe-monies. Axe-monies are thin, axe-shaped pieces of sheet metal (hostler 1986; Hosler, Lechtman, and Hostler 1990), often stacked in packets. They are almost always made of a lower-arsenic copper-arsenic allow. The earliest axe-monies in this region appears at Ayalán. Axe-monies are also common in West Mexico after A.D. 1200 and are discussed in chapters 5 and 6. Radiocarbon determinations show that the earliest date for a burial was associated metal at Ayalán in A.D. 750. The cemetery continued in use until shortly before the Spanish invasion.