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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.
$ 1 ⁄ 8 or 1 silver real was 1 "bit". [1] [2] With the adoption of the decimal U.S. currency in 1794, there was no longer a U.S. coin worth $ 1 ⁄ 8, but "two bits" remained in the language with the meaning of $ 1 ⁄ 4. Because there was no 1-bit coin, a dime (10¢) was sometimes called a short bit and 15¢ a long bit.
Actual coins worth 1 ⁄ 2, 1, 2, 4 and 8 reales provincial (the latter worth 4 ⁄ 5 of a dollar and called peso maria) were minted in 1686 and were poorly received by the public. [ 4 ] The same 1686 recoinage came with edicts in 1686–1687 fixing the real de vellón at one dollar = 15 + 2 ⁄ 34 reales or 512 maravedíes (or 1 dollar = 8 ...
Most coins are worth their face value, but others are different story. Coin collectors seek rare currencies often valued at a small fortune or greater. “This iconic coin set a world record when ...
A Special Silver Dime and Silver Quarter from 1965. A pair of unique 10- and 25-cent coins from less than 60 years ago offers another opportunity to cash in on minting mistakes.
But now this mysterious coin is worth far more than that. It was sold at an auction for $1,440,000 in 2020. There were only ever 24 of these coins minted, but now only nine remain.
List of most expensive coins Price Year Type Grade Issuing country Provenance Firm Date of sale $18,900,000 1933 1933 double eagle: MS-65 CAC United States: King Farouk of Egypt: Sotheby's [1] June 8, 2021 $12,000,000 1794 Flowing Hair dollar: SP-66 CAC United States Neil, Carter Private sale [2] January 24, 2013 $9,360,000 1787 Brasher ...
Just about all of the coins you will come across in your lifetime are worth what they say they are worth -- a half dollar is worth 50 cents, a quarter is worth 25 cents, and on down the line. In ...
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