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The first ordinance officially devaluing the Spanish non-colonial real came out in 1642, with the real provincial debased from 67 to 83 + 3 ⁄ 4 to a mark of silver (hence, 10 reales to the dollar). Actual coins worth 1 ⁄ 2 , 1, 2, 4 and 8 reales provincial (the latter worth 4 ⁄ 5 of a dollar and called peso maria ) were minted in 1686 and ...
The piece of eight had the same intrinsic value as the thaler and by the end of the 17th century it too was being called dollar (and was so designated in Jamaican monetary legislation of 1738). By the mid 18th century the piece of eight was commonly known in British North America as the Spanish dollar.
The coins circulated throughout Spain's colonies and beyond, with the eight-real piece, known in English as the Spanish dollar, becoming an international standard and spawning, among other currencies, the United States dollar. A reform in 1737 set the silver real at two and half billon reales (reales de vellón) or eighty-five maravedís.
By far the leading specie coin circulating in America was the Spanish silver dollar, defined as consisting of 387 grains of pure silver. The dollar was divided into "pieces of eight," or "bits," each consisting of one-eighth of a dollar. Spanish dollars came into the North American colonies through lucrative trade with the West Indies.
The Spanish dollar, natively called Peso, was the main coin of the Spanish Empire, this coin is from 1739. The crown established the system of treasure fleets (Spanish: flota) to protect the conveyance of silver to Seville (later Cádiz). Produced in other European countries, Sevillian merchants conveyed consumer goods that were registered and ...
A Spanish style of the later 15th century was still worn in this period: the hair was puffed over the ears before being drawn back at chin level into a braid or wrapped twist at the nape. First-time brides wore their hair loose, in token of virginity, and a wreath or chaplet of orange blossoms was traditional.
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Italian fashion uniquely featured a broad U-shape rather than a V. [14] Spanish women also wore boned, heavy corsets known as "Spanish bodies" that compressed the torso into a smaller but equally geometric cone. [23] Bodices could be high-necked or have a broad, low, square neckline, often with a slight arch at the front early in the period.