This coin, valued at eight Spanish escudos or sixteen Spanish dollars ($16), is of confusing English colonial nomenclature, called at first the "double doubloon" before settling as the "Spanish doubloon".
The coin, valued at eight Spanish escudos or sixteen Spanish dollars ($16), is known in confusing English colonial nomenclature. It was first called the "double doubloon," but is now referred to simply as the "Spanish doubloon."