Definitions
piece of eight
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noun
  1. An historical English term for peso, a silver coin, that was minted in Spain from the end of 15th century, equal to eight reales (hence the name).
    • It was a long, difficult business, for the coins were of all countries and sizes " doubloons, and louis d'ors, and guineas, and pieces of eight, and I know not what besides, all shaken together at random. " :w:Robert Louis Stevenson, Robert Louis Stevenson, "Treasure Island".

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