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Cryptocurrency Q&A Why is it called a doubloon?

Why is it called a doubloon?

Margherita Margherita Mon Nov 25 2024 | 5 answers 1153
The term 'doubloon' originally referred to a Spanish gold coin worth two escudos, hence the name which suggests its value being 'double'. Over time, it became a generic term for various large gold coins, often associated with treasure and piracy due to its historical usage in seafaring and trade. Why is it called a doubloon?
doubloon name origin currency

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