Search results
Results from the WOW.Com Content Network
The peso duro (dollar) was usually worth five pistareens. On May 4, 1754 Ferdinand VI prohibited the circulation in America of all money coined in Spain, including national gold and silver coins identical with those minted in America.
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.
Gold escudos (worth 16 reales) were also issued. 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. A reform in 1737 set the silver real at two and half billon reales ...
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.
The first ordinance officially devaluing the Spanish non-colonial real came out in 1642, with the real provincial debased from 67 to 83 + 3 ⁄ 4 to a mark of silver (hence, 10 reales to the dollar). 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 ...
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).
The Casa de Moneda was established on 11 May 1535 by the Spanish viceroy Antonio de Mendoza by a decree from the Spanish Crown to create the first mint in the Americas. [1] [2] It was built on top of Moctezuma's Casa Denegrida, the black house where the last emperor of the Aztecs used to meditate, and which was part of the Casas Nuevas de Moctezuma.
8 reales Mexican silver cob, full date 1715, recovered from the 1715 fleet Rare 8 escudos lima dated 1710, recovered from the 1715 Fleet. The 1715 Treasure Fleet was actually a combination of two Spanish treasure fleets returning from the New World to Spain, the "Nueva España Fleet", under Captain-General Don Juan Esteban de Ubilla, and the "Tierra Firme Fleet", under Don Antonio de Echeverz ...