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El Cazador Shipwreck Fragment - No Date
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<p>[QUOTE="physics-fan3.14, post: 26625648, member: 19165"]I do find it interesting that they called this piece a "fragment" when it isn't broken at all... it is intentionally cut. They had 8 reales coins, and to make smaller coinage they would cut them into pieces. The size you have would have been "one bit" (one real). Two bits would have been a quarter of a dollar, so you've got a 12.5 cent piece. </p><p><br /></p><p>The weight of the US dollar was based on the "real de a ocho"... you've heard the term "pieces of 8"... literally means an 8 reales coin, which weighed 27 grams. This was approximately the weight of a US silver dollar.[/QUOTE]</p><p><br /></p>
[QUOTE="physics-fan3.14, post: 26625648, member: 19165"]I do find it interesting that they called this piece a "fragment" when it isn't broken at all... it is intentionally cut. They had 8 reales coins, and to make smaller coinage they would cut them into pieces. The size you have would have been "one bit" (one real). Two bits would have been a quarter of a dollar, so you've got a 12.5 cent piece. The weight of the US dollar was based on the "real de a ocho"... you've heard the term "pieces of 8"... literally means an 8 reales coin, which weighed 27 grams. This was approximately the weight of a US silver dollar.[/QUOTE]
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