In this investigative approach to the Elegiac Romance by Luis de Miranda (1537), it is of interest the analysis of the poem in relation to other Spanish romances that circulated during the period. The elegiac Romance will be considered as a possible expression of ancient historical Spanish romances orally transmitted according to the cannon established by Alan Deyermond and Mercedes Diaz Roig, among others. A primary bibliographic source used in this study corresponds to the recently published text by Silvia Tieffemberg (2012). The aforementioned text contributes a facsimile reproduction, a prologue and notes that would be useful for our purposes.