In this paper, a simple model is estimated through ordinary least square to explain the price of slaves in the Caribbean region of the Viceroyalty of New Granada in the 18th century and first decade of the 19th century. The price is explained by age, age squared, gender, degree of qualification, if the person worked in a mine, and if the slave was sick or in good health. The statistical data was obtained from the Archivo General de la Nación in Bogotá, Colombia, and it includes 1.064 persons who worked in haciendas, mines and tile workshops.