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"Pieces of Eight" was a term reffering to the Spanish dollar, a currency used by the Spanish starting in 1497. Since the Spanish owned the Carribien, this is why the term comes up in pirate lore, as Pirates generally robbed the Spanish (sometimes under the orders of the British Crown). The terms connection to pirates can actually be traced back to Treasure Island.
Likely, though, this was more of a play on the "Seven" that both LOVE 'n' HATE and Days contained, rather then a historically based idea though
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Last edited by GRACE; 25th June 2010 at 06:32 PM.
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