Cryptocurrency Q&A Why is a $2 coin based on a Spanish dollar?

Why is a $2 coin based on a Spanish dollar?

Martino Martino Sun Mar 02 2025 | 7 answers 1999
I'm curious why the $2 coin was designed based on the Spanish dollar. Is there a historical reason behind this choice? I want to understand the inspiration and significance of this decision. Why is a $2 coin based on a Spanish dollar?

7 answers

SakuraTide SakuraTide Tue Mar 04 2025
The weight and fineness of the $2 coin have historical roots tied to the Spanish milled dollar.

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henry_harrison_philosopher henry_harrison_philosopher Mon Mar 03 2025
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SamuraiWarrior SamuraiWarrior Mon Mar 03 2025
This Spanish currency, also known as the “pillar dollar,” served as the basis for the specifications of the $2 coin.

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Silvia Silvia Mon Mar 03 2025
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Sara Sara Mon Mar 03 2025
The influence of Spanish currency on early American coinage underscores the international impact on the nation's monetary system.

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