8 Reales - Luis I

The 8 Reales coin from Peru, minted during the reign of Luis I (1725-1726), is an interesting piece of history. One fascinating fact about this coin is that it was part of a series of coins known as the "Pieces of Eight," which were widely used in international trade during the 18th and 19th centuries. These coins were so valuable that they were often cut into smaller pieces to make change, earning them the nickname "bits." This coin, in particular, was made of silver with a purity of .917 and weighed 27.0674 grams. Its design featured the image of the Spanish king on one side and the Peruvian coat of arms on the other. Despite being over 300 years old, some of these coins are still in circulation among collectors today, making them a unique piece of history to own and study.

• south america
• modern