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What's this coin called? i found it on a shipwreck website.


It's a Spanish piece of eight.

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    Aren't pieces of eight made of silver, and show the twin pillars of Hercules, while this coin looks to be made of gold and doesn't show the twin pillars? – kimchi lover Sep 20 '18 at 22:31

It looks to me more like an Escudo than a piece of eight. This web page identifies it as 1 escudo piece, worth possibly $2,500 nowadays.

At the time of minting, it seems, an Escudo was worth 16 Reales. A piece of eight was worth 8 Reales.

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