The Fascinating Story Behind Pieces of Eight
- Robert Smith
- Jun 11
- 2 min read
Updated: 1 day ago
Unraveling the Mystery of Pirate Treasure
For anyone who’s ever read Treasure Island or seen the film, the words “Pieces of Eight” evoke images of Long John Silver’s parrot and adventures on the high seas. As a history enthusiast, I am always captivated by the stories behind auction items. When an old Spanish silver coin appeared at a recent valuation day, I was transported back to my childhood. The excitement of reading about pirates, desert islands, and treasure flooded my mind. This particular coin was an early 18th-century Spanish silver 8 Reales coin.
What Exactly Are Pieces of Eight?
The Spanish dollar was minted throughout the Spanish Empire. It was widely used in both South and North America. These coins became known as “pillar dollars” due to the pillars of Hercules depicted on the reverse side. To provide change, the silver coins were often cut into eight smaller pieces. This practice gave rise to the term “piece of eight.”
The Hollandia and Its Lost Treasure
When the coin appeared at the valuation day, it had a silver mount inscribed with “Hollandia 1743.” This refers to a Dutch East Indies ship that tragically sank off the Scilly Isles, with all hands lost. The Hollandia was carrying a cargo of silver coins minted in Mexico and Bolivia, bound for Batavia.
The treasure of the Hollandia was lost and largely forgotten until 1967. An explorer began searching through documents and archives for information about the ship. Just four years later, he discovered the wreck itself and initiated the salvage of the cargo.
A Connection to the Past
So, nearly 280 years after the Hollandia sank, I found myself sitting just outside Henley on Thames, holding what can only be described as genuine pirate treasure. While the coin may not be worth vast sums, the story behind it is truly remarkable. It connects us to a time of adventure, danger, and the allure of the unknown.
The Legacy of Pieces of Eight
The legacy of Pieces of Eight extends beyond their monetary value. They represent a fascinating chapter in history, where trade routes were established, and fortunes were made and lost. The allure of these coins continues to captivate collectors and historians alike.
The Cultural Impact of Pirate Lore
Pirate lore has permeated popular culture for centuries. From classic literature to modern films, the tales of swashbuckling pirates and hidden treasures have inspired countless stories. The phrase “pieces of eight” has become synonymous with this adventurous spirit. It reminds us of a time when the seas were filled with danger and excitement.
Conclusion: The Allure of Treasure
In conclusion, the story of the Hollandia and its lost treasure is a testament to the enduring fascination with pirates and their loot. The history behind each coin tells a story of adventure, loss, and discovery. As we continue to uncover these tales, we keep the spirit of exploration alive.
Whether you are a collector or simply intrigued by history, the allure of pieces of eight will always hold a special place in our hearts.





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