I'm pretty sure "bits" came from cutting an old Spanish dollar into eight pieces. Which is why eight bits are a dollar. All the proverbs I know with bits in them always have them in even multiples anyway; "Putting your two bits in", as well as "Two bits, four bitx, six bits, a dollar".
[X-post with Theodosia]
Mmmmm...Old Sturbridge Village.
t /Homer
(Edited to add fake tag, which didn't add the first time.)
However, many elderly people still, to this day, 'think' in the former-former coin, the Lira.
I ran across a number of supremely crotchety older folk in France who would count in old Francs, but only when they were complaining about prices -- i.e., "I can't believe they can get away with charging 100,000 a month for this apartment!" If they got a bargain it was always in new Francs.
The latest coinage of guineas took place in 1813; the sovereign, of the value of 20s., was first issued in 1817.
HUH. A sovereign is a pound, then. Learn something new...
The U.S. definitely minted half-cents. [link]
I'm pretty sure "bits" came from cutting an old Spanish dollar into eight pieces. Which is why eight bits are a dollar
Also the source of "pieces of eight."
Is the cutting it into pieces thing where they get "Pieces of Eight" from too?
The Spanish dollar coin was
huge --
think much bigger than a quarter or a Suzy B or a Sacajawea. Bigger than the old American silver dollar coin. So the cutting into pieces was much easier than if they'd been dime-sized.
I know about marks (which didn't exist but were counted). As well as groats (value 4 pence), angels (value 80 pence - which was 6 shillings and 8 pence) , nobles (also 80 pence), rose nobles (120 pence - which would be half a pound - but everybody counted in marks, which were 2/3 of a pound).
So, the new Doctor Who is animated?