In response to the ever-changing COVID-19 situation, and for the well-being of our guests, employees and community, the Key West Shipwreck Treasure Museum has announced a temporary closure. We appreciate your understanding on this matter and we will communicate any additional updates or changes as they occur.
full screen background image

American Dollars and Pieces of Eight?

July 1st, 2013 by Piper Smith

Did you know that the American dollar was based off of the Spanish dollar, or what we know from films as Pieces of Eight? In fact, it remained the legal tender in the United States until the Coinage Act of 1857! Because it was used widely in Europe, America, and Oriental lands, it became the first world currency by the late 18th century. In fact, it is speculated that our American dollar sign originates in the columns and stripes that appear on the sides of Pieces of Eight. It’s no wonder most sunken treasures contain tons of Pieces of Eight!

Pieces of Eight displayed in museum exhibits!

Pieces of Eight displayed in museum exhibits!

Google