(Jun 13, 2015)
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A note about the denomination:
In dollars the lowest denomination is 1 cent, and in the past, in the U.S
Likewise in Spain, in colonial times, the lowest denomination was the maravedi, and there was even
In contrast, in spanish coinage 34 maravedis = 1 real (which was a weight in silver)
16 reales was equal to 1 escudo (a weight in gold)
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