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The Spanish dollar, also known as the piece of eight ( Spanish: real de a ocho, dólar, peso duro, peso fuerte or peso ), is a silver coin of approximately 38 mm (1.5 in) diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g (0.8219 ozt) fine silver.
The Spanish dollar, also known as the piece of eight, is a silver coin of approximately 38 mm (1.5 in) diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g (0.8219 ozt) fine silver.
Origins: the Spanish dollar. The United States Mint commenced production of the United States dollar in 1792 as a local version of the popular Spanish dollar or piece of eight produced in Spanish America and widely circulated throughout the Americas from the 16th to the 19th centuries.
Currency of Spanish America. This article provides an outline of the currency of Spanish America ( las Indias, the Indies) from Spanish colonization in the 15th century until Spanish American independencies in the 19th.
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.
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Spanish dollar (17th – 19th centuries) Spanish dollar of Philip V of Spain , 1739 In the 17th and 18th centuries, the use of silver Spanish dollars or eight-real coins, also known as "pieces of eight" extended from the Spanish territories in the Americas westwards to Asia and eastwards to Europe .
Dollar is the name of more than 25 currencies. The United States dollar, named after the international currency known as the Spanish dollar, was established in 1792 and is the first so named that still survives.