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Silver Pieces of Eight - Spanish Dollar
Nothing conjures the thrill of adventure like sunken treasure. This is a tale during when Pirates attacked Spanish ships sailing from the New World to Europe. Pirates stole minted silver and gold coins destined for the coffers of the Spanish King. The time was 1497, a few years after Columbus sailed to the New World. The Spanish Empire had minted the silver Spanish Dollar which became known as a the ‘piece of eight.’ They called it that because it was worth 8 Realas, another unit of currency from the mid 14th century. Note, the Peseta replaced the Realas in 1868. ...