Library Visits

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Friday, September 19, 2014

Library Word of the Week - Pieces of Eight



In honor of Talk Like a Pirate Day, the word of the week is really a cool phrase: Pieces of Eight.



"The real de a ocho, also known as the Spanish dollar, the eight-real coin, or the piece of eight (Spanish peso de ocho), is a silver coin, of approximately 38 mm diameter, worth eight reales, that was minted in the Spanish Empireafter a Spanish currency reform in 1497.
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The Spanish dollar was the coin upon which the original United States dollar was based, and it remained legal tender in the United States until the Coinage Act of 1857. Because it was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century.[2][3] Aside from the U.S. dollar, several other existing currencies, such as the Canadian dollar, the Japanese yen, the Chinese yuan, the Philippine peso, and several currencies in Latin America, were initially based on the Spanish dollar and other 8-real coins. Diverse theories link the origin of the "$" symbol to the columns and stripes that appear on one side of the Spanish dollar." (Read more here)

Pirate Treasure is usually depicted as gold or silver pieces of eight! 



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