Archaeologists have discovered a Spanish coin placed beside the Strait of Magellan in southern Chile as part of a ceremony carried out by colonists more than 400 years ago.

The coin is a vital clue for archaeologists investigating a colonial settlement there, as it matches a surviving 1584 account of the Christian ceremony involving the coin, a standard practice when Spanish colonial settlements were founded. The find also helps to validate an old map of the long-lost settlement.

“This discovery provides a rare and powerful point of convergence between written sources and archaeological evidence,” Soledad González Díaz, the lead researcher on the project and a historian at Bernardo O’Higgins University in Santiago, told Live Science.

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The other side of the silver coin shows the Spanish royal coat-of-arms. (Image credit: Richard Bezzaza)

“It not only helps to confirm the location and layout of key structures within the settlement but also opens new possibilities for reconstructing [its] spatial organization,” she said.

The “8-real” coin (“real de a ocho” in Spanish and the original pirate “piece of eight”) was minted out of silver in the 16th century. It was discovered in March during archaeological excavations at the site of Ciudad del Rey Don Felipe, a doomed Spanish colony that was founded on the north side of the Strait of Magellan in 1584.


The coin was found atop a stone from the foundations of a ruined church at the site of the Rey Don Felipe colony in what is now Chile. (Image credit: Richard Bezzaza)

The coin was found atop a stone within the underground foundations of the settlement’s first church. (Historic reports suggest there may have been more than one church.) González Díaz said all Spanish colonies in the New World were founded with similar ceremonies and that an account of the exact location was given in the writings of the Spanish navigator Pedro Sarmiento de Gamboa, who had placed the coin on the stone.

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