TIL there was so few currency in circulation in Colonial America that they resorted to cutting up Spanish silver coins into eight pieces to create smaller denominations, these "Pieces of Eight" we...
TIL there was so few currency in circulation in Colonial America that they resorted to cutting up Spanish silver coins into eight pieces to create smaller denominations, these "Pieces of Eight" we...
en.wikipedia.org
Spanish dollar - Wikipedia
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The original was posted on /r/todayilearned by /u/renyzen on 2025-07-27 19:25:49+00:00.
Original Title: TIL there was so few currency in circulation in Colonial America that they resorted to cutting up Spanish silver coins into eight pieces to create smaller denominations, these "Pieces of Eight" were Legal Tender in the USA until 1857