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Cowings Mill: Retail Outlet of Cooperman HistoryLives

Spanish Milled Dollar, Struck Nickel Silver Reproduction Coin - DISCONTINUED

Spanish Milled Dollar, Struck Nickel Silver Reproduction Coin - DISCONTINUED

Regular price $8.00
Regular price $12.00 Sale price $8.00
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One of the most commonly circulated coins in colonial America, the Spanish milled dollar was minted of New World silver primarily in Mexico, Peru, and Bolivia, and transported by the famed fleets of Spanish galleons at great risk of pirates,  hurricanes, and treacherous waters. These coins were valued by the weight of their silver, so the edges were patterned (milled) to make any shaving of the coin easily detectable.  The milled dollar became such a highly respected coin that it was legally circulated until 1857. This coin was also known as a Piece of Eight because it was commonly cut into pieces to make change - the expression "2 bits" to mean a quarter of a dollar came from the breaking of a milled dollar into 8 "bits".

This reproduction of a Spanish Milled dollar is a struck coin made to closely approximate the look and feel of the original. The coin is packaged in an envelope with information on the coin's history and its place in early American commerce. 

WARNING  CHOKING HAZARD  SMALL PARTS  Not for children under 3. Recommended for adults and children aged 8 years and above.


 

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