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<p>[QUOTE=&quot;GDJMSP, post: 382613, member: 112&quot;]Yeah, there were quite a few over the years. Even the source you provided mentions it in a way when he says - &quot;The ascendancy of Spanish coinage dates from 1537 when Charles I, revising an act of 1479, promulgated exacting standards for Spanish silver and gold coins. The Spanish eight reales coin was set at a weight of 423.9 grains (27.47 grams) of .9305 fine silver. <u>From that date the coin only depreciated some 4.4% over the next 250 years!&quot;</u></p><p><br /></p><p>The <i>Real Cedula</i> of June 9, 1728 by Philip V reduced the silver fineness of the major coins to .9166 silver and the fineness of the minor coins (2, 1 and 1/2 reale pieces) to .8333 silver.</p><p><br /></p><p>Then the Real Cedula of March 18, 1771 and May 29, 1772 by Carlos III reduced the fineness of the major coins even more to .9027 silver. </p><p><br /></p><p>Carlos IIII changed it yet again, more than once, to the numbers I previously quoted in this thread. For those changes and subsequent changes you can look the numbers up in the Krause catalog.[/QUOTE]</p><p><br /></p>

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