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roamer65

(37,974 posts)
5. Yes.
Tue Jul 4, 2023, 06:40 PM
Jul 2023

Piece of eight = 8 real Spanish American coin = one US dollar.

Many mints in Spanish America made them as present day Peru, Mexico and Bolivia were rich with silver.

Prominent mints were Mexico City, Lima and Potosi (present day Bolivia).

1/2 real coin was called a “fippenny bit or a picayune”.
1 real was called a “bit or levy”.
2 real was called a “quarter or 2 bits”.
8 real was called a “Spanish milled dollar or just a dollar”.

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