an equivalence of 4 soldi.
4 x 132 = 528 soldi.
(= 26 lire 8 soldi di piccioli.)
It will be seen at a glance that this equalised the internal and external price of silver.
Rather strangely this enactment of the 19th of August was followed by another no more than four days later (23rd August 1345), by which a slight reactionary change was made in favour of silver. The tale was decreased from 134 to 132 pieces, to be struck from the libbra of the same standard, and issuable at the same equivalence.
Slight as the backward change was, it was sufficient to leave the monetary system exposed to the same influence of differential exchanging, and within two months it had to be repealed by the law of October 1345. Under the name of Nuovi Guelfi a fresh coin was thereby instituted of the same standard and equivalence as above, but at a tale of 142 per libbra (140 being rendered back to the merchant, and 2 retained for expenses of coinage).