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This article is about the obsolete Spanish coin. For other uses, see Picayune (disambiguation).

A picayune was a Spanish coin, worth half a real. Its name derives from the French picaillon, which is itself from the Provençal picaioun, meaning "small coin". By extension, picayune can mean "trivial" or "of little value".

Aside from being used in Spanish territories, the picayune and other Spanish currency was used throughout the colonial United States. Spanish dollars were made legal tender in the U.S. by an act on February 9, 1793. They remained so until demonetization on February 21, 1857.[1] The coin's name first appeared in Florida and Louisiana, where its value was worth approximately six-and-one-fourth cents, and whose name was sometimes used in place of the U.S. nickel.[2][3]

A newspaper published in New Orleans since the 1830s, the Times-Picayune (originally The Picayune), was named after the coin.[4]


  1. ^ Spanish Silver: General Introduction Coin and Currency Collections - University of Notre Dame. Retrieved on April 7, 2008.
  2. ^ "Picayune", Probert Encyclopedia. Retrieved on April 10, 2008.
  3. ^ "Picayune", World Wide Words. Retrieved on April 8, 2008.
  4. ^ McLeary, Paul (2005-09-12). "The Times-Picayune: How They Did It". Columbia Journalism Review. Retrieved 2010-07-27. 

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