The questions everyone asks about pirates and privateers
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Question of Tite-cat (07.28.2015): I want to know what you know on currencies used by (end of 17th and
early 18th century) pirates. What are their equivalences between themselves? A:
Here is money of the seventeenth and eighteenth centuries in different countries.
I put the piece of eight each proportion because it was the most used currency in the world by traders and this is the part that has experienced the largest number of hits.
(Warning: over the years some parts have changed their proportion of value. I will try to find the dates to find them the right proportions.)
1 Louis d'or (gold coin) = 2 Pistoles = 12 pieces of eight
1 Pistole = 4 ecu silvers = 6 pieces of eight
1 Ecu Silvers = 3 livres tournois = 1.5 pieces of eight
1 Livre tournois (Tours pounds) = 20 sols (sou) = 0.5 piece of eight
1 sol = 12 French deniers = 0.025 piece of eight
1 French denier = 0.002 piece of eight
1 Guinea = 1 British Pound = 20 shillings = 3 pieces of eight
1 Shilling = 12 French deniers = 0.15 piece of eight
1 French denier = 0.01 piece of eight
1 doubloon (doblón) = 2 pieces of eight
8 Reales (meaning “royal”)= 1 piece of eight
1 Real = 0.125 piece of eight
1 Guilder (Gulden in Dutch, Florin in French) = 1 piece of eight
1 Crusade = 1 piece of eight
1 Moïdore = 400 Cruzades = 600 Pieces of eight
The piece of eight is a Spanish silver coin in the seventeenth century in the West Indies.
It has been used for a hundred years. It contains 90% Ag and 10% Cu.