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The Philippine Islands, 1493-1898 — Volume 19 of 55, 1620-1621

Note 4 — Appendix: Buying and Selling Prices of Oriental Products

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First, the tae is equivalent to a ducado of ten reals of gold or silver; a maz is equal to one of our reals. One maz is equivalent to ten conderins; each conderin being valued at six maravedis, is divided into ten caxes, each cax [i.e., cash] being a round brass coin half the size of a half cuarto4 pierced with four holes, and with certain characters around the edge. One hundred of them make one maz; and it is the only coin that is stamped with a die, for all the others circulate by weight.

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