reveals “Spanish Finance Ministry Adopt Pieces Of Eight”

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This is a spoof story intended for publication on April the 1st. The webpage referred to backs up the story but visitors clicking through to any of the sources are redirected to the Comic Relief website.

The comparison table from showing the latest exchange rates

Compare the latest Pieces of Eight exchange rates

“Pieces of Eight” have remained legal tender since their first issue in 1497 has revealed on their website that José Gaspar Spanish, Minister of Economy and Finance (Ministerio de Economía y Hacienda), has announced their intention to starting to use a secondary currency alongside the Euro. Whilst reissuing Spanish Pesetas is out of the question, the Spanish Dollar or “Piece of Eight” has remained legal tender since their first issue in 1497. By going back to Pieces of Eight the Minister hopes to attract more international shipping business to Spanish ports and marine 'entrepreneurs' or privateers. Whilst this is controversial, Pieces of Eight have been a popular currency not only in Spain but also on both sides of the Atlantic particularly in the Caribbean and Spanish Main.

Pieces of Eight are often associated with pirates but with the popularity of the Pirates of the Caribbean film franchise, traditional pirates are now more popular than their modern counterparts or “Investment Bankers” as they are more commonly known. In fact, some Investment Bankers are less popular now than at any time since Calico Jack Rackham was hanged for Piracy in 1720 at Port Royale, Jamaica.

You can compare for the most up to date Pieces of Eight exchange rates at

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Peter Rudin-Burgess
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