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The Discoveries of America to the Year 1525

Note 313 — Chapter VII · 1497-1521.

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“The dollar of exchange (peso de plata) is worth 8 reals of old plate, or 15 reals 2 maravedis vellon.... The value of the peso of plate, or dollar of exchange, in English silver coin, is 39½d.” [about seventy-four cents United States money].—The universal cambist and commercial instructor. By Patrick Kelly. London, 1811. vol. i. pp. 388, 389.

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