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Ask Rufus: A Lost Choctaw Silver Mine? The only old silver treasure I have heard of being found around Columbus are occasional Spanish or Mexican silver reales. These are the old “pieces of Eight” that were legal tender in the U.S. until 1859. They are the origin of 2 bits, 4 bits, 6 bits a dollar, 1 bit being worth 12 1/2 cents. Courtesy photo Three years ago I wrote a column about a lost Choctaw silver mine in the Columbus or Macon area. I told the story always assuming if there was any truth at all to the story it would have just been a hidden stash of silver and no way a silver mine anywhere near Columbus. But, of course, we all know what happens when you assume something.

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