Peruvian Silver Scam in Navarre

At the end of the 1640s, a great scandal spread throughout the Spanish kingdoms and, to a large extent, throughout all European territories. The 8 and 4 reales coins brought annually by the ships of the Indies from the territories of Peru did not comply with the required silver weight and laws. The reales had a legal value of about 931 thousandths of silver at that time (11 dinars and 4 grains) and, according to the legislation, the real […]

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