cowboy43
Well-known member
Who still uses the term bit when counting money, I have noticed in my neck of the woods it is very seldom used any longer.
How much is a bit
- Thread starter cowboy43
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R.T.
Well-known member
My parents and a lot of the old timers used it all the time.
Now for me it didn't make sense 2 bits = 25 cents, 4 bits = 50 cents.
I have done many odd chores for 4 to 6 bits. This barefoot kid
still aint figured it out yet.
RT
Now for me it didn't make sense 2 bits = 25 cents, 4 bits = 50 cents.
I have done many odd chores for 4 to 6 bits. This barefoot kid
still aint figured it out yet.
RT
Rowdy
Well-known member
1/8th dollar
It had to do with when coinage would be cut into pices to make multiple smaller "bits" from the whole. A dollar coin could be divided in to 8 "bits". I still use the term but get that deer in the headlights look form people.
A "fin" was a 5 dollar bill, a "sawbuck" was a 10 dollar bill, since we rarely had them a "double sawbuck" was a 20 dollar bill. Never heard of anything bigger since they were so rare.
A "fin" was a 5 dollar bill, a "sawbuck" was a 10 dollar bill, since we rarely had them a "double sawbuck" was a 20 dollar bill. Never heard of anything bigger since they were so rare.
Ryder
Well-known member
A "C note" is $100.
LA4Angus used that one occasionally.
:hat: Bowing head out of respect.
LA4Angus used that one occasionally.
:hat: Bowing head out of respect.
