Taxco, Guerrero was founded by the Aztecs. At that time it was called "Tlacho" which meant place of the ballgame. Hernando Cortes made his appearance here shortly after the conquest of Tenochtitlan. He mined tin for his artillery and is believed to have also mined gold and silver here. In 1716, Don Jose de la Borba was riding his horse near Taxco when he discovered a vein of silver. Consequently, he became one of the richest men in the world. Borba spent much of his money on improvements around Taxco. Among other things he built was the Santa Prisca Church, which is one of the most beautiful churches in all of Mexico.
The city of Taxco is situated on a mountain side and the streets are all cobblestone. Directly behind the Santa Prisca is an indigenous market where members of the Nahua and Otomi sell their handmade goods. Silver shops are everywhere and this is where many of larger department stores go to buy their jewelry. Prices may vary a lot. If you don't want to get cheated then ask how much they are charging per gram. Almost all of the silver jewelry available in Taxco is available in gold the next town over which is called Iguala. If you are interested in the Nahua Culture, they are located south of Iguala near the town of Chilpancingo.