One of the world’s most storied coins is the Spanish real, which was Spain’s denomination at the height of the nation’s dominance as a world power in the 16th century. Silver eight-real coins were worth one Spanish dollar, and were the source of the phrase “pieces of eight,” which has been associated with pirates and ill-gotten treasure since 1883, when Robert Louis Stevenson put the phrase in the mouth of Long John Silver’s talkative parrot.

In fact, reales were so widespread in the New World that they were one of the most common forms of currency in the U.S colonies, and were traded as legal tender throughout the new nation in the early years of the United States. Reales from the mid-19th century ranged in value from 1/20th of a real (the media decima, minted in copper) to 100 reales (the gold doblon, commonly called the doubloon).

In 1848, Spain’s monetary system underwent the first of three decimal conversions. At first the real was pegged at 10 decimas; in 1854, the exchange was set at 100 centimos. In 1864, a silver version of the escudo was also determined to be equal to 100 centimos, which was a bit of a come down for that historic coin—in the 1500s, one gold escudo was worth 16 reales. To add insult to injury, the escudo was replaced altogether in 1869 by the peseta.


Best of the Web (“Hall of Fame”)

Ancient Coins: In Praise of the Celators!

Ancient Coins: In Praise of the Celators!

Dr. Tom Buggey’s Ancient Coins: In Praise of the Celators! focuses mainly on coins from Greek and Roman antiquity… [read review or visit site]

Worldwide Bi-Metallic Collectors Club

Worldwide Bi-Metallic Collectors Club

Bi-metallic coins have been around since the 17th century, when a copper wedge was added to the English farthing to… [read review or visit site]



Clubs & Associations

Most watched eBay auctions    

29.85g Spain Gold Ingot From 1715 Fleet Ship Wreck Off Veradero (vero) Beach, Fl(no Date) Spanish Cob 8 Reales From Concepcion Shipwreck Of 1641(no Date) 8 Reales Spanish Silver Cob 26.5g 36mm (shipwreck?)Puerto Rico Km# 22, 1895 Pgv 20 Centavos Xf+ (4 Photos)1585 Santiago Shipwreck Recovered 4 Reales Silver Cob Coin, Pre-atocha WreckPuerto Rico Km# 21, 1896 Pgv 10 Centavos Xf+ (low Mintage)1859 Pcgs Ms64 Spain 4 Reales 6-point Star1780pts Pr Bolivia 4 Reales El Cazador Spanish Shipwreck Coin, Ngc CertifiedPotosi Cob 1768 Bolivia Spanish 8 Reales Silver Crown Coin Fernando Vi1783 Mo Ff 8 Reales El Cazador Shipwreck Coin,ngc Certified, Very GoodSpain, Espagne, Spanien: 4 Reales Ferdinand & Isabella 16th CenturyAtocha Ship Wreck Coin Very Good Condition Thanks For Looking!!1776 Mo Fm 2 Reales El Cazador Shipwreck Coin,ngc Certified ,rare Year,very Good1783 Mo Ff 8 Reales El Cazador Shipwreck Coin,ngc Certified,highest Grade,mint1783 Mo Ff 8 Reales El Cazador Shipwreck Coin,ngc Certified, ExcellentSpain Very Scarce 4 Reales Silver - Catholics Kings Sevilla, Very Hight GradeAtocha Shipwreck Coin Grade 1- Mel Fisher Coa - 8 Reales Authenic Papers W/coin1783 Mo Ff 8 Reales El Cazador Shipwreck Coin,ngc Certif.with Presentation Box1783 Mo Ff 8 Reales El Cazador Shipwreck Coin,ngc Certified, Excellent1740 Spain 2 Reales Km-296 Nice Details Deep Color285-indalo-spain. Charles Iii.silver 8 Reales 1786 Lima Mi.chinesse Countermarks1783 Mo Ff 1 Reales El Cazador Shipwreck Coin,ngc Certified,excellent Condition 1721 Silver Spanish 2-reales Treasure Coin Pendant (not Atocha)1783mo Ff Mexico 2 Reales El Cazador Spanish Shipwreck Coin, Ngc CertifiedEspaña Spain 1885 87 5 Pesetas Unc Ngc Ms 621783 Mo Ff 8 Reales El Cazador Shipwreck Coin,ngc Certified, Excellent(an) Spain 5 Pesetas 1898 / 98 Au-unc SilverSpain-russia 2011 Silver Dual Proof Set 10 Euro + 3 Roubles 1,500 Sets!Spain Gold Dobla 35 Maravedis Peter The Cruel1774 Mo Fm 2 Reales El Cazador Shipwreck Coin,ngc Certified ,rare Year,very Good1775 Mo Fm 2 Reales El Cazador Shipwreck Coin,ngc Certified ,rare Year,very GoodSpain 1598-1621 Gold Cob 2 Escudo-pcgs Graded Genuine Vf Details-5.97gr, L@@kSpain 2 Escudos Gold 1809 S Cn Pcgs Vf 35263-indalo-spain.provisional Government. Lovely Silver 5 Pesetas 1870 *18-70 Snm1749 Jb Spain 1/2 Real - Early Colonial Silver Type Coin - F (k370.1)Rare 1836 Spain Medal Isabel Ii *****Spain 5 Pesetas, 1898 Nicely Toned Silver Coin262-indalo-spain.provisional Government.very Nice Silver 5 Pesetas 1870 *-70 SnmSpain 1801/791 M Fa Gold 2 Escudos *ngc Au-58* Very Rare Overdate Only 2 Better$1 Start A $950 Value: 1788m M Spain1 Escudo Charles Iii Spain, Alfonso Xii, 5 Pesetas, 1875 (75) D.e. .m. Silver Coin Vf1769 Mo M 1/2 Reales El Cazador Pillar Shipwreck Coin,ngc Certified No Reserve4 - Spain - King Felipe Iii - 8 Maravedis 1604 - Segovia Mint - Excellent1780 Mo Ff 2 Reales El Cazador Shipwreck Coin,ngc Certified ,rare Year,very GoodAlberto & Isabel Patagon N/d Tournai Spanish Colonial Silver Cob - Pirate Coin -2 Reales - King Philip Iv - Years 1621 To 1640 - 2 Reales 1776 Us Colonial Coin, Independence Year The Very First Quarter Dollar.266-indalo- Spain. Alfonso Xii. Lovely Silver 5 Pesetas 1877 *18-77 Dem !!!!!!!!1 - Spain Civil War (1937) - Local Republican - Segarra Gaia 1 Peseta - ScarceSpain, Alfonso Xiii, 5 Pesetas, 1888 (88) M.p. .m. Silver Coin Vf1783 Spain Mexico 8 Reales Portrait Milled Dollar1760 Mo Mm 1/2 Reales El Cazador Pillar Shipwreck Coin,ngc Certified No Reserve1/2 Reales El Cazador Pillar Shipwreck Coin,ngc Certified No Reserve .01 Auction1882 Spain 5 Peseta - Key- Alfonso Xii- {22 Other Large Silver Crowns For Sale}Spain-5 Silver Pesetas 1898 V (valencia Mint)- Alfonso XiiiSpain 20 Reales Silver Crown 1823-sr Choice Original W/ Lustre Scarce Ferdinand1783 Mo Ff Mexico ~ El Cazador 8r 8 Reales ~ Silver Shipwreck Coin Ngc GradedSpain 2 Reales 1770-pj Silver Km#388.1 Choice VfSpain, Alfonso Xiii, 5 Pesetas, 1898 (98) S.g. .v. Silver Coin VfSpain, Alfonso Xii, 5 Pesetas, 1885 (87) M.s. .m. Silver Coin Vf