[ranchos] "Dos Reales Cedules"

Historical Archives
1
This is correct. In Powell's book about Miguel Caldera he has a footnote: "... This peso de oro común was the basic accounting unit of the royal treasury in Mexico, and its value was 272 maravedis, divided into eight reales or tomines of 34 maravedis each (hence, later, the "piece of eight" and our "bit", one eighth of a dollar). " Thus it is 2 bits or a quarter of a peso. 
George
----- Original Message ----- From: "Carol Turner" <cdian@...> 
To: <ranchos@yahoogroups.com>
Sent: Saturday, March 12, 2005 12:47 PM
Subject: [ranchos] "Dos Reales Cedules"



Hi Joseph, my dad just emailed me and said this coin

is a twenty five cent coin, he remembers his dad use

to tell him that but he also looked it up in the

Spanish dictionery to be sure.


Carol


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