Spanish dollar

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. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency.

Spanish dollar

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. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency.