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Price? 1732 Silver Pillar Dollar (Piece of Eight)
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January 5th 04, 02:56 AM
phil
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The term 'peice of eight comes from when coinage was scarce-the Spanish
milled dollars were cut into eight peices,or bits.Each bit was worth about
12 1/2 cents-hence,2 bits were about 25 cents
(ever hear,shave and a haircut,two bits?)
phil
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