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How much is a Spanish reale coin worth?
Total metal value of the 1772-1783 Spanish 8 Reales NGC Genuine is USD 11.522. Total Silver content in the coin is 89.6% and the Silver value of this coin is USD 11.522 ,Silver value is claculated with a spot price of USD 14.88/ounce. Product Description: America’s First Silver Dollar!
Which Spanish coins are silver?
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. It was minted in the Spanish Empire following a monetary reform in 1497.
Which silver coins are most valuable?
Top 10 Most Valuable Silver Coins
- 1794 Flowing Hair Dollar: $10 million.
- 1797 Draped Bust Half-Dollar: $1,527,500.
- 1870 S Seated Liberty Dollar: $1,092,250.
- 1889 CC Morgan Silver Dollar: $881,250.
- 1796 Draped Bust Half-Dollar: $822,500.
- 1838 O Capped Bust Half-Dollar: $763,750.
- 1893 S Morgan Silver Dollar: $646,250.
How much is a 1772 silver dollar 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 |
|---|---|
| WEIGHT | 24.5 Grams |
Why do parrots say pieces of eight?
The “pieces of eight” comes into play because the coin lent itself to cutting up into 8 wedges. The pirate, Long John Silver, had a parrot that would say, “pieces of eight, pieces of eight”. The joke references “pieces of seven” which is the parity (parroty) error because seven is odd and eight is even.
How much is a pure silver coin worth?
U.S. Circulated Silver Coins
| Description | Face Value | Silver Value |
|---|---|---|
| 1878-1921 Morgan Dollar | $1.00 | $18.9495 |
| 1921-1935 Peace Dollar | $1.00 | $18.9495 |
| 1971-1976 Eisenhower Dollar (40% silver) ** | $1.00 | $7.7477 |
| 1986-2013 Silver Eagle (.999 Silver) | $1.00 | $24.4755 |
What does the back of a 1821 Spanish silver dollar mean?
The coin reads “Del Gratia 1821 Ferdin VII,” (Ferdinand VII by the Grace of God, 1821). The reverse has an image of Spain’s Pillars of Hercules lesser royal coat of arms. The reverse reads, “HISPAN ET IND REX Ga 8R FS” (King of the Spains and the Indies, Guadalajara, 8 reales).
Who was the King of Spain in 1821?
This silver Spanish dollar (also known as an eight real coin or piece of eight) was minted around 1821. The obverse, or front, of the coin has a profile portrait of King Ferdinand the VII. The coin reads “Del Gratia 1821 Ferdin VII,” (Ferdinand VII by the Grace of God, 1821).
Why was the Spanish dollar preferred to the US dollar?
The initials “FS” belong to the coin’s assayer. Spanish dollars were the monies of choice when coins were available in Colonial America, and Americans liked them so much that they eventually based their own U.S. dollar on the Spanish real. In early years reales were actually preferred to dollars because the coins contained more silver.