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The silver 8-real coin was known as the Spanish dollar (as the coin was minted to the specifications of the thaler of the Holy Roman Empire and Habsburg monarchy), peso, duro or the famous piece of eight. Spanish dollars minted between 1732 and 1773 are also often referred to as columnarios. The portrait variety from 1772 and later are ...
The first distinctive coins minted for Spanish America were copper 4-maravedí pieces authorized for Santo Domingo by Ferdinand on December 20, 1505 (later confirmed by his daughter, Johanna, on May 10, 1531). These coins were minted in Spain (at Burgos and Seville) and shipped to Santo Domingo , and subsequently also to Mexico and Panama. The ...
The latter coin was used for Dutch trade in the Middle East, in the Dutch East Indies and West Indies, and in the Thirteen Colonies of North America. [8] For the English North American colonists, however, the Spanish peso or "piece of eight" has always held first place, and this coin was also called the "dollar" as early as 1581.
The 8 reales coin is the predecessor to the American dollar. Before the United States Mint was in production, columnarios circulated, along with other coinage, in the US colonies, as legal tender until the middle of the 19th century. Prior to the columnario, Spanish coins were hammer struck. These rather crude looking coins were called cobs ...
The thaler size silver coins minted in Habsburg Spain was the eight real coin, later also known as peso and in English as the "Spanish dollar". The first large silver coin standardized by the Holy Roman Empire was the Guldengroschen in 1524.
Spanish dollars were made legal tender in the U.S. by an act on February 9, 1793. [2] They remained so until demonetization on February 21, 1857. [3] The coin's name first appeared in Florida and Louisiana, where its value was nominally one sixteenth of a dollar, i.e. 6 + 1 ⁄ 4 cents, [4] and whose name was sometimes used in place of the U.S ...
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The first Pta 1 coins bearing the portrait of Francisco Franco were issued in 1947. Cupro-nickel Pts 5 followed in 1949. Cupro-nickel Pts 5 followed in 1949. In 1949, holed cupro-nickel 50 cts were introduced, followed by aluminium-bronze Pts 2 + 1 ⁄ 2 in 1954, cupro-nickel Pts 25 and Pts 50 in 1958 and smaller aluminium 10 and 25 céntimos ...