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<p>[QUOTE=&quot;Conder101, post: 32585, member: 66&quot;]The 1/2 real was called I believe a Picayune (sp) and a two reales from Spain and not one of the new world colonies was known as a pistereen.&nbsp; (It wasn&#039;t two bits because the Spanish homeland piece was of lighter weight and a two reales of Spain was only worth 20 cents instead of the two bits 25 cents.</p><p><br /></p><p>On the cut parts of a piece of eight there was also the &quot;short bit&quot; worth 10 cents which occured when the person cutting the coin would slightly alter the cut angle in order to try and get nine or ten &quot;bits&quot; out of the dollar.[/QUOTE]</p><p><br /></p>

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