How and why did the U.S. quarter coin or 25 cents get to be known as two bits?
A "bit" used to mean 1/8 of a dollar or 12.5 cents. Thus, two bits was 1/4 or a quarter of a dollar. Although the US never minted a coin that was worth 12.5 cents, the early colonists did use currency from other countries that counted as 1/8 of a dollar. When the US started producing its own coins, the phrase "two-bit" persisted for a while as a way to describe a quarter.
by Rubes6 years ago
I have two coins that add up to 30 cents and one is not a nickel. What are they?
by Damodar Bashyal5 years ago
If you see 5 cents coin when you are walking, Will you bend down and pickup?... or, just ignore and continue walking? Do you atleast try to kick it with your feet just for mental satisfaction?
by Deb Welch5 years ago
Con: A coin would be a little heavier to carry around.Pro: It would save a small fortune in not having to replace damaged bills.What are your reasons?
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