Talk:Two bits

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The milled coins were then able to be broken up into eighths, which the value of one bit is 12.5 cents.


 * We could use a reference on this, as well as a reference as to how often this was practiced. --- W5WMW (talk) 01:06, 10 November 2009 (UTC)

Two bits refer to 2 piece of eight in a spanish dollar in colonial time. see article article on spanish dollar. 12.236.238.7 (talk) 15:18, 8 May 2015 (UTC)

outdated slang
The first line should include something to the effect that this is outdated slang. I'm a 29-year-old from Canada and I've never heard anyone in my life use this term. Only place I've ever seen it was in Archie Comics and their writers are still using slang from the 60s like "groovy" 24.137.115.238 (talk) 01:46, 14 January 2016 (UTC)

Two bits means two American coins
Two bits refers to the fact that the Spanish and British had a currency based on division by 240 (shillings for Britain). When the Americans moved into territory formally occupied by Spain (Louisiana Purchase and some other British places) their currency was the value being based on 100. Shopkeepers would tell Americans it was two such bits for the purchase: one Spanish coin or two American coins (and mostly in reference to the quarter). ItsACityOfApes (talk) 03:45, 16 January 2023 (UTC)