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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 phrase "30 pieces of silver" is used more generally to describe a price at which people sell out. [34] In Dostoyevsky's Crime and Punishment, it is echoed in the 30 roubles which the character Sonia earns for selling herself. [35] [36] In the folk-song King John and the Bishop, the bishop's answer to the riddle of how much the king is worth ...
Coins were minted in both Spain and Latin America from the 16th to 19th centuries in silver 1 ⁄ 2, 1, 2, 4 and 8 reales nacionales and in gold 1 ⁄ 2, 1, 2, 4 and 8 escudos. The silver 8-real coin was known as the Spanish dollar (as the coin was minted to the specifications of the thaler of the Holy Roman Empire and Habsburg monarchy), peso ...
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
The 1965 silver dime is worth around $3,000 and up while the 1965 silver quarter fetches some $7,000 or more." baona / Getty Images/iStockphoto Any Coins From 1965 or Earlier Are Worth at Least ...
In some cases, the melt value of the metal itself might bring coins above face value, depending on the market. Discover More: These 4 Rare Nickels From Over 20 Years Ago Are Worth a Ton Now
In the US, the bit is equal to 12 + 1 ⁄ 2 ¢, a designation which dates from the colonial period, when the most common unit of currency used was the Spanish dollar, also known as "piece of eight", which was worth 8 Spanish silver reales. $ 1 ⁄ 8 or 1 silver real was 1 "bit". [1] [2] With the adoption of the decimal U.S. currency in 1794 ...
Investing in silver can be a smart financial move. Find out how much a silver bar is worth and why this precious metal might be a worthwhile addition to your portfolio.
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