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Author: Admin | 2025-04-28
Never applied to a penny, shilling, or half crown coin.A 1946 "sixpenny bit" of George VIAlthough earlier there had been other values in circulation such as the "fourpenny bit" or "groat", the "bit" coins still in use in the United Kingdom up to decimalisation in 1971 were the two-shilling bit (or "florin") (often "two-bob bit"), the sixpenny bit (or "tanner"), and the threepenny bit.In the UK, use of the term "bit" had already disappeared with the exception of the 'thruppeny bit', by the time British currency moved to decimal coinage and the consequential loss of the coin denominations to which it had applied. Thus a ten pence piece is referred to merely as "ten pence", or even "ten pee", not as a "tenpenny bit". The term 'pee' refers to the change in abbreviation of the British penny from 'd' to 'p' which denoted the 'New Penny'. The historic American adjective "two-bit" (to describe something worthless or insignificant) has a British equivalent in "tuppenny-ha'penny" – literally, worth two and a half (old) pence.PicayuneSpanish realSpanish dollar (also known as "piece of eight")Danish West Indian dalerList of alternative names for currency^ Oct 4, 2014, huffpost.com: Where Did That Money Come From?, backup Quote: "...most people about forty years and younger do not have any idea what "two bits" or "four bits" or "six bits" or any number of bits refer to. By William B. Bradshaw, Contributor...Coins of lesser value than the Spanish dollar were in short supply in the new country. When coins
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