16th-century silver coin discovered near Strait of Magellan marks the spot of a doomed Spanish colony

The newfound coin dates to the 1584 founding of a doomed Spanish settlement in southern Chile.

A close up of a silver coin, with small carvings in it. It sits on a black surface with a red and white vertical ruler to its right.
The 16th-century coin is a silver "real de a ocho" — a Spanish coin known to pirates as a "piece of eight." One side shows a Jerusalem cross.
(Image credit: Richard Bezzaza)
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Tom Metcalfe is a freelance journalist and regular Live Science contributor who is based in London in the United Kingdom. Tom writes mainly about science, space, archaeology, the Earth and the oceans. He has also written for the BBC, NBC News, National Geographic, Scientific American, Air & Space, and many others.

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