2 Reales - Philip II (Seville) 1588-1598 (1566-1598) front 2 Reales - Philip II (Seville) 1588-1598 (1566-1598) back
2 Reales - Philip II (Seville) 1588-1598 (1566-1598) photo
© Heritage Auctions

2 Reales - Philip II Seville

 
Silver (.931) 6.8 g 28 mm
Description
Issuer
Spain
King
Philip II (1556-1598)
Type
Standard circulation coin
Years
1588-1598 (1566-1598)
Value
2 Reales
Currency
Real (1497-1833)
Composition
Silver (.931)
Weight
6.8 g
Diameter
28 mm
Thickness
1 mm
Shape
Round (irregular)
Technique
Hammered
Demonetized
Yes
Updated
2024-10-07
References
Numista
N#45073
Rarity index
87%

Reverse

Castles and lions in angles of cross

Script: Latin

Lettering: HISPANIARVM·REX

Interesting fact

The 2 Reales coin from Philip II's reign was used as a standard unit of currency in Spain and its colonies, and it was also widely used in international trade. It was known as the "Piece of Eight" because it was divided into eight smaller units, each called a "bit." This coin was so widely used that it became a standard unit of currency in many parts of the world, and it was even used as a reference point for other currencies. For example, the US dollar was initially based on the value of the Spanish dollar, which was itself based on the 2 Reales coin.