Piece of Eight
An early Spanish silver dollar-sized coin. The "eight" derives from it's face value of 8 reales.
piece of eight
An early Spanish coin with a face value of eight reales.
pitted
Having a rough surface due to loss of metal by corrosion.
Piece of Eight - Spanish-American silver dollar-size coin used extensively in trade throughout the world during the seventeenth and eighteen centuries. The forerunner of the American silver dollar.
Piece of Eight - A former Spanish coin with a face value of eight reales; the U.S. dollar was originally valued at and tied to eight reales.
Piece of Eight
A Spanish coin with a face value of eight Reales (see also "bit"), widely circulated in the American colonies. The U.S. dollar was was based on eight Reales.
Pioneer Gold ...
A small piece equal to one eighth of the dollar was called a "piece of eight" or a "bit". The nursery rime "two bits, four bits, 6 bits, a dollar" comes from this time in history." A bit would be the equivalent of 12 1/2 cents.
Davis stated that the smallest coin in general circulation throughout the New Word plantations was a cut piece of a Spanish Dollar (an eight reales, often called a piece of eight).
A thin layer of naturally oxidized metal on the surface of a coin acquired with age pattern A test piece for a new design, sometimes without a date pick up point An area where a feature, such as die doubling, is most evident piece of ...
The Spanish Eight Reales or "piece of eight" has been the treasure coin of pirates, Spanish Treasure Fleets, and fictional stories. This coin is also known as the "pillar dollar" or the Spanish Milled Dollar.
The Spanish dollar (piece of eight) was the nearest thing in existence to an international coinage and formed the principal currency of most English colonies.
Instead, the new copper cents and half cents would be fractions of the Spanish milled dollar or Piece of Eight, the hefty silver coin struck in both Spanish and Latin American mints.
Still another explanation holds that the dollar sign is derived from (or at least inspired by) the mint mark on Spanish colonial silver coins ("real" or "piece of eight") that were minted in Potosí (in present day Bolivia).
A name, of Italian origin, for the Spanish peso duro, piece of eight or dollar, and its representatives in Spanish America and other countries.
Americans depended on foreign coinage, especially the "Mexican Dollar," or Piece of Eight, to meet their requirements.
bit: one-eighth of a Spanish 8 Reales "Piece of Eight. Two bits equal a quarter (hence, the cheer: …two bits, four bits, six bits, a Dollar)
blank: the disk of metal that is later stamped to make a coin.
The coin had begun as a piece of eight reales in 1497 - the real (or royal) was a 13th century coin. In Mexico and along the Andes in South America, the Spaniards found vast silver deposits.
1797 .900 SILVER PILLAR DOLLAR BULLION PIECE OF EIGHT
1800 Bust Dollar NGC AU50 BB184 Blue Perimeter Toning
Replica U.S. Trade Dollar 1876 CC #5134 ...
In Italy it was known as Colonnato; in Germany, Saeulen Piaster; in Holland, Reaal von Achten; in the English-speaking countries, Spanish Milled Dollar, Pillar Dollar and Piece of Eight.
Spanish dollar
Coin issued in Spain and its colonies from 1497 to 1864. Equal to 8 Reals. Also known as a 'Piece of Eight'.
Spot Price
Quoted market value of precious metals in bullion form.
In earlier days due to a shortage of available smaller denomination coins, these silver dollars were carefully cut into pieces shaped like slices of pie. A small piece equal to one eighth of the dollar was called a "piece of eight" or a "bit".
From the early 19th century a five shilling piece or crown was sometimes called a dollar, probably because its appearance was similar to the Spanish dollar or peso - sometimes called a piece of eight.
 See also: Dollar, Coin, Silver, Mint, Half
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