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What was a Spanish colonial real called?
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After the independence of Spain's colonies, the real was replaced by currencies also denominated in reales and escudos, including the Argentine real, Central American Republic real, Ecuadorian real, Honduran real, Paraguayan real and Santo Domingo real.
This real, worth 1 ⁄ 8 dollar, was retained in Latin America until the 19th century but was altered considerably in peninsular Spain beginning in the 17th century. This Spanish colonial real was subsequently referred to as moneda nacional ("national money") and underwent two more changes:
Explore Rare Spanish Colonial Vintage Coins at APMEX. Discover our selection Spanish colonial vintage coins ranging from 1/2 to 8 reales at APMEX. Our curated collection showcases exquisite pieces of history, each with its own unique story to tell. Immerse yourself in the rich heritage of the Spanish Empire through these numismatic treasures ...
Spain Spanish Colonial 1/2, 1, 2, 4, and 8 Reales (Carolus III and IIII) (Fakes are possible) 1772 to 1808. These coins are known as Spanish (Hispan) colonial coinage because they circulated freely in the many New World colonies of Spain. You can find essentially the same coins in Bolivia, Chile, Columbia, Guatemala, Mexico, Peru.
The reason why the Spanish Reales are often established at historic sites in the US is that all through colonial days in the U.S., the silver Ocho Reales coin, called as the Spanish milled dollar, piece of eight, or eight bits, was the primary coin in circulation.
The eight-real silver coin became the currency of reference throughout the Spanish Colonial Empire. It weighed 27.4 grams of silver and circulated throughout Asia and America. Coins of one half real, one real, two reals and four reals were also minted. In 1566, the Spanish escudo was created. One gold escudo was worth 16 silver reals.
1572-1773. As additional silver deposits were discovered in the colonial territories there was a pressing demand to export it to Spain as quickly as possible. To do this, starting in the reign of Philip II, the mints produced irregular coinage called cobs. Rather than rolling out a bar of silver into a sheet of a specific thickness that could ...
