Description
The 8 Reales coin was a large silver coin widely used in the Spanish Empire from the late 1700s to the early 1800s. It weighed about 27 grams and was approximately 38 millimeters in diameter. Often referred to as the “pieces of eight,” these coins became famous in history and piracy lore. They were minted in various Spanish colonies, including Mexico, Peru, and the Philippines, and were recognized internationally as a stable form of currency. The coin typically featured a portrait of the Spanish king on the obverse and a crown or other symbols on the reverse.
The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 troy ounces or 24.06 grams), and it remained legal tender in the United States until the Coinage Act of 1857.
/photo is of the current coin available.