Here, we report on the analytical findings and their cultural implications of a multidisciplinary study of the pre‐Columbian Codex Fejérváry‐Mayer. Today conserved at the World Museum in Liverpool, it is one of the finest Mesoamerican codices among the few extant. Thanks to the exploitation of non‐invasive analytical methodologies accessible through the MOLAB European mobile facility, the study allowed us to disclose the chemical composition of the painting materials used in the codex, which have never been analysed before. The results are discussed and compared with the outcomes of previous studies on other Mesoamerican codices.