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<p>[QUOTE=&quot;Hispanicus, post: 2087722, member: 72626&quot;]By about the time of Carlos IIII the reales minted in Spain had a lower silver content than those minted in the colonies. I don&#039;t recall the purity, but can tell you from looking at some in my collection that the color of the metal is more dull and greyish. Apparently, when Spanish coins were used in commerce they were exchanged at a discounted value.[/QUOTE]</p><p><br /></p>

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