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Silver 8-real coin of 1768 from the Potosí mint. The real (English: /ɹeɪˈɑl/ Spanish: /reˈal/) (meaning: "royal", plural: reales) was a unit of currency in Spain for several centuries after the mid-14th century. [1] It underwent several changes in value relative to other units throughout its lifetime until it was replaced by the peseta in
After 1732 similar, but better shaped cobs were produced on screw presses. Cob denominations were 1 ⁄ 2, 1, 2, 4, and 8 reales. When circulating in New England the larger coins might be cut to give intermediate values; since a real was nicknamed a "bit", the expression "two bits" came to mean a quarter dollar. [2]
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.
This doubloon of 8 escudos eventually became the most common Spanish gold coin, equivalent to 16 silver pesos. The 1566 reform also provided for a silver 8-real coin, the real de a ocho or peso duro (which had already been minted in Spain in limited number). This coin, 39–40 mm, 27·468 g, containing 25·561 g pure silver, was now struck in ...
Eight Spanish Escudos (1687) The first escudo was a gold coin introduced in 1535/1537, with coins denominated in escudos issued until 1833. It was initially worth 16 reales. When different reales were introduced, the escudo became worth 16 reales de plata in 1642, then 16 reales de plata fuerte or 40 reales de vellón from 1737.
In some cases, you can find coins for cheap because antique shopkeepers are not necessarily experts in the value of rare coins. Explore More: 6 Coins From the 1970s That Are Worth a Lot of Money.
The real was a currency of Mexico, issued until 1897. [1] There were 16 silver reales to 1 gold escudo, with 8 tlacos to the real. The peso, which circulated alongside the real and eventually replaced it, was equal to 8 reales. The first reales issued in Mexico were Spanish colonial reales. These were followed in 1822 by independent issues of ...
The doubloon (from Spanish doblón, or "double", i.e. double escudo) was a two-escudo gold coin worth approximately $4 (four Spanish dollars) or 32 reales, [1] and weighing 6.766 grams (0.218 troy ounce) of 22-karat gold (or 0.917 fine; hence 6.2 g fine gold).
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