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Replies: 22 / Views: 3,978 |
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Valued Member
United States
309 Posts |
Consider starting this dime collection with the coin Thomas Jefferson used as the basis of a tenth of a Frderal dollar, the half Pistareen of Spain. Five Pistareens to the Spanish Milled Dollar makes the half Pistareen worth ten Federal "cents" a coin TJ said was "perfectly familiar to us all. They circulated in colonial America before 1796 when the first Philadelphia mint Disme / dime came about. Extending the mint set back to Colonial America you ought to get half "cross Pistareens" from Seville, and Madrid which covers the waterfront after 1730.
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Pillar of the Community
United States
4963 Posts |
I think you're talking about reales, which were valued at $0.125 USD. I don't believe Spain or its colonies ever produced a coin valued at $0.10 USD. The real was, however, the coin that inspired the American dime. Also, by the time the dime was introduced in 1796 it was known as a dime- the word 'disme' was/is only applied to the 1792 pattern.
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Pillar of the Community
Canada
3049 Posts |
........you see when a mommy dime and a daddy dime really love each other ..............they mint something really special...
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Pillar of the Community
United States
4963 Posts |
 You just made my day.
Edited by Numisma 11/24/2015 11:58 pm
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Pillar of the Community
United States
4337 Posts |
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Moderator
 United States
188913 Posts |
Quote: Consider starting this dime collection with the coin Thomas Jefferson used as the basis of a tenth of a Frderal dollar, the half Pistareen of Spain. Five Pistareens to the Spanish Milled Dollar makes the half Pistareen worth ten Federal "cents" a coin TJ said was "perfectly familiar to us all. They circulated in colonial America before 1796 when the first Philadelphia mint Disme / dime came about. Extending the mint set back to Colonial America you ought to get half "cross Pistareens" from Seville, and Madrid which covers the waterfront after 1730. Quote: I think you're talking about reales, which were valued at $0.125 USD. I don't believe Spain or its colonies ever produced a coin valued at $0.10 USD. The real was, however, the coin that inspired the American dime. Also, by the time the dime was introduced in 1796 it was known as a dime- the word 'disme' was/is only applied to the 1792 pattern. I believe Pistareen is correct, there are five pistareen to a dollar, so a half-pistareen would be equivalent to a dime. I do not think they were intended to circulate in the Americas, but did anyway.
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Pillar of the Community
United States
4963 Posts |
I just did a bit of research on this. Quote: Pistareen (plural pistareens) 1.A Spanish silver coin worth two reals, used as common currency in the Americas in the 18th century. 2 reals = 4 to the dollar (official value) However, you are right in the fact that because of the debased silver content, they were only accepted for 5 to the dollar.
Edited by Numisma 11/25/2015 2:40 pm
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Pillar of the Community
United States
3229 Posts |
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Valued Member
United States
309 Posts |
Quick answer: There are eight bits to the Spanish Milled Dollar "piece-of-eight" with each bit or one real equal to twelve and a Half Cents. But Thomas Jefferson was not talking about those, rather he based the dime on the half Pistareen. The confusing part is that both half Pistareen and Spanish Colonial bit say they are one "real" but Pistareens being intended for Spain and not international trade were made 20% light, so that five Pistareens by weight equaled four two bit pieces. Sometimes called long bits and short bits, the Spanish Colonial coins were traded along with Pistareens and their parts before the American Revolution. Pistareens were first made at a time that Spanish Colonial mints were still making cobs. Pistareens had a 25 year head start in commerce over the Spanish Colonial "Pillar" coinage.
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Moderator
 United States
188913 Posts |
Thank you for the additional information. 
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Pillar of the Community
United States
4963 Posts |
Yes. I was not aware of that.
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Rest in Peace
United States
2668 Posts |
Where do dimes come from? The tooth fairy. 
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Pillar of the Community
United States
606 Posts |
But but you cant have "centavo" without "cent"! 
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Moderator
 United States
188913 Posts |
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Pillar of the Community
United States
1304 Posts |
Don't forget there is also a Hawaii dime!
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Replies: 22 / Views: 3,978 |
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