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The first ordinance officially devaluing the Spanish non-colonial real came out in 1642, with the real provincial debased from 67 to 83 + 3 ⁄ 4 to a mark of silver (hence, 10 reales to the dollar). Actual coins worth 1 ⁄ 2, 1, 2, 4 and 8 reales provincial (the latter worth 4 ⁄ 5 of a dollar and called peso maria) were minted in 1686 and ...
Cob denominations were 1 ⁄ 2, 1, 2, 4, and 8 reales. When circulating in New England the larger coins might be cut to give intermediate values; since a real was nicknamed a "bit", the expression "two bits" came to mean a quarter dollar. [2] Unlike in Spain, the copper coins were generally not struck by the colonial mints.
Denominations: 1 ⁄ 4, 1 ⁄ 2, 1, 2, and 3 reales. (These coins are rare; perhaps only 300—400 specimens survive.) The 2 and 3-real coins were confused because of their similar size, so the 3 reales was discontinued in 1537. The 1 ⁄ 4 real was unpopular because of its small size; it was not minted after 1540.
The last coin of any value under one peseta was a 50 cts coin issued in 1980 to celebrate Spain's hosting of the 1982 FIFA World Cup. [6] The last 25-céntimo coin (or real) was dated 1959, the ten céntimos also dated 1959; both coins bore the portrait of Franco. The 1-céntimo coin was last minted in 1913 and featured King Alfonso XIII. [7]
It was valued at 15–16 reales or approximately 2 dollars. The famed Gold Doubloon was worth 2 escudos or approximately 4 dollars. From the 15th to the 19th centuries the coin was minted with several different designs at various mints in Spain and the New World, having gained wide acceptance beyond
Coins were minted in denominations of 1 ⁄ 4, 1 and 2 reales, with the 1 ⁄ 4 real in copper and the 1 and 2 reales in silver. Mexican 1 and 8 real coins were countermarked with the crowned monogram F7 o for circulation in Santo Domingo.