I'm trying to figure out the relationship between pieces of eight and doubloons. Specifically, I want to know how many pieces of eight are equivalent to one doubloon.
6 answers
charlotte_clark_doctor
Wed Nov 27 2024
This established a specific ratio between gold and silver bullion.
CryptoVisionary
Wed Nov 27 2024
It is derived from the word "double," which signifies a coin of double value.
AltcoinExplorer
Wed Nov 27 2024
Specifically, a doubloon was originally a two escudo coin.
MichaelSmith
Wed Nov 27 2024
The value of this coin was significant in historical contexts.
WhisperInfinity
Wed Nov 27 2024
It is noteworthy that two pieces of eight equaled a one-escudo coin.