A "Piece Of Eight" is a silver coin which served as currency for the Spanish empire. The song was written and sung by Dennis DeYoung, and is about how money can't buy everything. DeYoung sings about a man looking back at how beautiful his life was meant to be.
The album Pieces of Eight was Styx' eighth studio album. The Grand Illusion was released prior to this as their seventh album, on July 7th, 1977, (7-7-77).
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