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Other minor denominations included 4 reales, 2 reales, 1 real, and 1/2 real. The 8 reales coin is the predecessor to the American dollar . Before the United States Mint was in production, columnarios circulated, along with other coinage, in the US colonies, as legal tender until the middle of the 19th century.
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 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 real was the currency of Santo Domingo (now the Dominican Republic) until 1822. Some coins were struck locally which circulated alongside other Spanish colonial coins. The real was replaced by the Haitian gourde when Santo Domingo was taken over by Haïti. For later currencies of the Dominican Republic, see Dominican peso
Denominations: 1 ⁄ 4, 1 ⁄ 2, 1, 2, and 3 reales. (These coins are rare; perhaps only 300—400 specimens survive.) The 2 and 3-real coins were confused because of their similar size, so the 3 reales was discontinued in 1537. The 1 ⁄ 4 real was unpopular because of its small size; it was not minted after 1540.
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 ...
Peseta banknotes were first printed in 1874 and were phased out with the introduction of the Euro. [1] Prior to this was the Silver escudo (1865–1869), Gold escudo (1535/1537–1849), Spanish real (mid-14th century–1865), Maravedí (11th–14th century), and Spanish dinero (10th century).
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.