How much is an 8 reales coin worth?

How much is an 8 reales coin worth?

Total Silver content in the coin is 90% and the Silver value of this coin is USD 11.574 ,Silver value is claculated with a spot price of USD 14.88/ounce….1772-1832 First United States Silver Dollar Spanish 8 Reales.

MINT SPECIFICATIONS NA
METAL COMPOSITION Silver : 90%
WEIGHT 24.5 Grams

How much is a Spanish Reale worth?

These reales were supplemented by the gold escudo, minted 68 to a mark of 11⁄12 fine gold (3.101 g fine gold), and valued at 15–16 silver reales or approximately two dollars.

What does 8 reales weigh?

EIGHT REALES COBS Comments: This is a typical crudely made cop “piece of eight” with large fissure cracks at two ends. However, this is not a heavily clipped coin for it weighs close to the full authorized weight of 27.47 grams.

What is a piece of 8 worth?

Unlike today, cutting money was not illegal. In fact, it was expected that to make change people literally cut the coins into eight pieces, or “bits.” Hence, the British called the Spanish dollar a “Piece of Eight” (a coin worth eight pieces, or bits), and something valued at “two bits” cost a quarter of a dollar.

What is a Spanish piece of eight worth?

Machine-made versions are of a higher quality. There are various varieties of this coin, versions of which were minted in Latin America as well as Spain. Spanish milled dollars are worth about $50 to $350. If you can substantiate that your coin is from a treasure ship, that might enhance its value.

How do you identify Spanish reales?

Denominations – There are two major denominations of Spanish colonials: reales for silver coins and escudos for gold coins. The denominations have associated numeric values, e.g., one-quarter, one-half, 1, 2, 4, and 8. You can often tell the denomination by ‘R’ and ‘S’ marking for reales and escudos.

How much is a Spanish piece of eight worth today?

Early pieces of eight were handmade and known as cobs. Machine-made versions are of a higher quality. There are various varieties of this coin, versions of which were minted in Latin America as well as Spain. Spanish milled dollars are worth about $50 to $350.

How much were pieces of eight worth?

Are pieces of eight worth anything?

What does a piece of eight look like?

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.

What is a Spanish Piece of Eight worth?

Are old Mexican pesos worth anything?

For the current value of old Mexican coins, see this page. For example, a $1000 peso note dating back to the late 70’s/early 80’s is worth just one Mexican peso today. A $100,000 peso note dating back to 1991 is exchangeable today for a $100 peso note with a value of around US$9.

Is Mexican paper money worth anything?

a $100,000 peso note dating back to 1991 is exchangeable today for a current-day $100 peso note; $1 and $5 peso notes dating back to pre-1975 are worth fractions of a Mexican cent and are now no more than museum pieces and collectors’ items.

  • September 20, 2022