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eight-real coin
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real de a ocho
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The Spanish dollar, also known as the piece of eight (Spanish: Real de a ocho), is a silver coin, of approximately 38 mm diameter, worth eight Spanish reales, that was minted in the Spanish Empire following a monetary reform in 1497.
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Its origin dates back to the Spanish monetary reform of 1497, when an eight real coins was introduced, named “piece of eight” (“real de a ocho” in Spanish, also known as “peso fuerte”).
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This was the reason why from 1809 to 1814 the coinage in the name of Ferdinand VII in Seville stopped, where only eight-real coins were struck in the name of Joseph Bonaparte in 1812.
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The interesting fact about this mint is that its silver eight-real coins and later on the silver peso became the basis of the modern national currencies of many countries in this part of the world, including the US dollar, Chinese yuan and Japanese yen.
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Finally, in the city of Cadiz, settlement of the Junta of Regency during much of the war, eight-real coins were also minted with the type employed in Madrid and Seville from 1814, during the period 1819 - 1814, using as mintmark a C (Cadiz) crowned, known as being the seat of the sovereign power (The Constituent Assembly in the absence and representation of the King).
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Certainly, the types of 1809 – 1809 of Seville and of 1812-1814 of Madrid did not obeying the official type of the portrait of the King which was coined from 1810 in India and Cádiz; but in the early years of the war we still cannot talk about an official type because even in Madrid throughout 1808, year in which apart from the reign of Charles IV, Ferdinand VII also reigned (briefly) and Joseph Napoleon too, eight-real coins in the name of Charles IV continued to be coined.
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Back Numismatics Silver coin worth eight reales, "Columnaria", 1753.
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Certainly, the types of 1809 – 1809 of Seville and of 1812-1814 of Madrid did not obeying the official type of the portrait of the King which was coined from 1810 in India and Cádiz; but in the early years of the war we still cannot talk about an official type because even in Madrid throughout 1808, year in which apart from the reign of Charles IV, Ferdinand VII also reigned (briefly) and Joseph Napoleon too, eight-real coins in the name of Charles IV continued to be longer so, has been a common practice, both in Spain and India and in other countries.
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The Royals of a 8 had a nominal value of 8 reales in Spain; often the coins were physically cut into eight pieces, or sometimes into four quarters to achieve a smaller change
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Mexico is the one and only country in which a Legislative Body is insisting, and has been insisting for the last eight years, on the imperative need for real money, which can only be regained by inserting a silver coin into circulation in parallel with the fiat peso.
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From its creation until modern times, the denarius coin play a role universally accepted, as it became the Spanish peso later on or piece of eight Reals of silver in the seventeenth and eighteenth centuries or the dollar in the nineteenth and twentieth centuries.
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