16th-17th century Spanish bronze code ac 170
- SKU
- Dimensions (mm)
- x x mm
- Weight (g)
- Colours
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16th-17th century Spanish bronze
size 17x13x2 mm
weighs 1.52 grams
condition worn
History
The first real was introduced by King Pedro I of Castile at a value of 3 maravedíes. This rate of exchange increased until 1497, when the real was fixed at a value of 34 maravedíes. The famous Peso de a Ocho ("piece of eight" is referred to the value of 8 Reales = 1 Silver Peso) also known as Spanish dollar, was issued that same year, and it later became widespread in America and Asia. In 1566, the gold escudo was introduced, worth 16 reales. The "Peso de a ocho" or "Piece of eight" is a one-ounce silver coin, not to be confused with the minor coins: 4 Reales, 2 Reales, 1 Real and the little (half inch diameter) Half Real.
During this period, Spanish coinage became popular in international trade and commerce, and remained so for centuries.
17th century
In 1642, two distinct reales were created, the real de plata (made of silver) and the real de vellón (made of billon, or "less than half silver"). The exchange rate between these two coins was set at 2 reales de vellón = 1 real de plata. The maravedí was tied to the real de vellón, causing the real de plata to be worth 68 maravedíes. The gold escudo was worth 16 reales de plata.
ref wikipidea.org
- SKU
- Dimensions (mm)
- x x mm
- Weight (g)
- Colours
-
16th-17th century Spanish bronze
size 17x13x2 mm
weighs 1.52 grams
condition worn
History
The first real was introduced by King Pedro I of Castile at a value of 3 maravedíes. This rate of exchange increased until 1497, when the real was fixed at a value of 34 maravedíes. The famous Peso de a Ocho ("piece of eight" is referred to the value of 8 Reales = 1 Silver Peso) also known as Spanish dollar, was issued that same year, and it later became widespread in America and Asia. In 1566, the gold escudo was introduced, worth 16 reales. The "Peso de a ocho" or "Piece of eight" is a one-ounce silver coin, not to be confused with the minor coins: 4 Reales, 2 Reales, 1 Real and the little (half inch diameter) Half Real.
During this period, Spanish coinage became popular in international trade and commerce, and remained so for centuries.
17th century
In 1642, two distinct reales were created, the real de plata (made of silver) and the real de vellón (made of billon, or "less than half silver"). The exchange rate between these two coins was set at 2 reales de vellón = 1 real de plata. The maravedí was tied to the real de vellón, causing the real de plata to be worth 68 maravedíes. The gold escudo was worth 16 reales de plata.
ref wikipidea.org
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Positive
A great bit of history. Great price and coin
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Positive
Great coin at a great price and all as pictured. Also fast shipping. Thankyou.
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Positive
Paid and shipped - no feedback left after 100 days
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Positive
Paid and shipped - no feedback left after 100 days
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Positive
Paid and shipped - no feedback left after 100 days