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Q: Are Spanish coins pieces of eight?
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Continue Learning about Math & Arithmetic

Who said pieces of eight pieces of eight?

Cap'n Flint, Long John Silver's parrot.


How many different outcomes are possible when you toss eight coins?

If you toss eight coins, there are 256 (28) different outcomes.


How many bits are in a quarter dollar?

Two.An Explanation:When the US became independent there were no official US coins. Colonists had been using a combination of old British and Spanish coins in daily commerce. One of the most common coins was the Spanish 8-reale coin, also known as a "Spanish dollar" or, yes, "piece of eight"! However individual reale coins themselves didn't circulate in the colonies which caused problems when smaller denominations were needed for making change. The colonists adapted by actually chopping Spanish dollars like pizza slices to create 4-, 2- and 1-reale chunks that became known as "bits".When Thomas Jefferson designed a coinage system for the new US, he wanted it to be compatible with coins already in use so he proposed that the new American dollar have the same size and value as the Spanish dollar coin.At the same time he wanted a decimal system based on multiples of 5 and 10, which didn't quite match the 2/4/8 ratios used in Spanish coins. Half-dollars matched 4 bits (half of a Spanish dollar) exactly, and dimes (1/10) were worth close enough to 1-bit pieces (1/8), but what about those 2-bit pieces?Two-bit pieces were one of the most common small-denomination "coins" in daily use. Even though a 20-cent coin would have been the reasonable choice in a purely decimal system, its value wasn't close enough to the 2-bit piece to be a reasonable replacement. Jefferson and the coinage committee were forced to compromise on a 25-cent coin that matched exactly.Thus like the 1-cent coin that retains the name of its British 1-penny ancestor, the quarter keeps the nickname of the Spanish piece it replaced - two bits.


What fifty coins do you use to make a dollar?

(25) 2 cent pieces


What are valid US coins?

pennies, nickles, dimes, quarters, and fifty cent pieces.

Related questions

What is Spanish coins pieces of?

eight


8. spanish coins,pieces of _____?

Eight


What was a peice of 8?

Pieces of Eight were Spanish coins.


What are spanish coins pieces of?

Spanish coins are pieces of currency issued by the government of Spain for use as money. They typically feature symbols and designs representing Spain's rich history and culture.


How did you get the dollar sign?

PEOPLE BELIEVED THAT THE DOLLAR SIGN CAME INTO USE FROM A DESIGN MARKED ON OLD SPANISH COINS CALLED PIECES OF EIGHT. THESE PEICES OF EIGHT WERE USED BY AMERICANS as dollars until they coined their own silver coins. one side of the piece of eight had 2 pillars stamped on it, with a ribbon curling on them. the dollar sign formed by the ribbon probably inspired the dollar sign


How did you get the sign?

PEOPLE BELIEVED THAT THE DOLLAR SIGN CAME INTO USE FROM A DESIGN MARKED ON OLD SPANISH COINS CALLED PIECES OF EIGHT. THESE PEICES OF EIGHT WERE USED BY AMERICANS as dollars until they coined their own silver coins. one side of the piece of eight had 2 pillars stamped on it, with a ribbon curling on them. the dollar sign formed by the ribbon probably inspired the dollar sign


What are the nine pieces of eight?

In the third Pirates of the Caribbean movie, the nine pieces of eight are nine objects which belong to the nine pirate leaders who bound the sea-goddess Calypso to a human body. Although they are called pieces of eight, they are actually just "whatever we had in our pockets at the time," but are called pieces of eight because that sounds more "piratey." A true piece of eight is an old golden Spanish coin. In the days when these were used as currency, these coins were sometimes cut into eight pieces, or "bits", each of which had one-eighth of the value of a full coin. Long after the pieces of eight were common currency, some Americans referred to an eighth of a dollar as a "bit." In the musical "Oklahoma," for example, people bidding at an auction bid "two bits" (a quarter), or "four bits" (fifty cents).


How much are 400 pieces of 8 worth?

A "piece of eight" was the nickname for the Spanish dollar, or real.


Was the dollar sign used before US dollars?

Yes, it is believed to have originated with the Spanish-Mexican Peso, which was known as the Spanish Dollar or Pieces of Eight. The origin of this second name comes from the Spanish mint in Bolivia whose mint mark looked like a digit Eight with a line through it - basically the same as the current Dollar sign. These coins were in widespread use across the Americas from 1573 to 1825.


Why was the Carolus IIII Dei Gratia Spanish coin created?

The CAROLUS IIII DEI GRATIA (or CAROLUS IIII DEI G) coins to which you possibly refer was a large silver Spanish-American Eight Reale (pieces of Eight) coin minted at various mints in Spain, Mexico, South and Central America. Due to a shortage of suitable metals during the Naploenic Wars, and a general shortage of circulating currency, the English acquired and countermarked the Spanish-American 8 Reale coins (and others) and used them as "Emergency Issue", referring to them as "Spanish Dollars". The Spanish-American 8 Reales coins were countermarked with a small image of George III in 1804 and circulated as Four Shillings and Ninepence until 1811. Any of these coins in any reasonable condition, as long as they are identifiable and legible, might fetch well over £100 GBP.


How much money is four bits?

It all goes back to the pirates' "pieces of eight" which referred to the Spanish dollar which was worth eight reils. The Spanish dollar was legal tender in the US until the mid-1800's. At the same time the American dollar was equivalent to 4 quarters. Change for a dollar was often made by breaking or cutting the Spanish dollar into its eight pieces or "bits". By simple math 1 quarter was worth two pieces of eight or two bits. Two bits was 50 cents, six were 75 cents.


When was Pieces of Eight created?

Pieces of Eight was created on 1978-09-01.