Week #359-NGC Stimulus Package - PRIZES!!!

[Melissa Pearce]

QUESTION:

 

What is a "Short Bit"?

 

***BONUS PRIZE WEEK***BONUS PRIZE WEEK***BONUS PRIZE WEEK***

 

Our first place winner will receive "A Handbook of 20Th Century United States Gold Coins" 2nd Edition by David W. Akers.

 

Bonus Week Prizes: There will also be a few runner up prizes (Books, Display boxes, Census reports) given to randomly selected players with the correct answer.

 

REMINDER: The Numisma-Quest ends on Saturday at midnight EST. Entries after that time will not be valid. See the Trivia info post for more details.

 

When you post your answer, only the administrators can see it. Stop back this Monday. We will make all the posts visible and announce the winners.

 

[rrantique]

colloquial expression in the United States for money. It dates from colonial days, when a common unit of currency was the Spanish milled dollar. As a way of making change, these dollars were often cut into eight pie-slice shaped pieces, called bits. Hence, two bits being a quarter dollar.

 

 

[physics-fan3.14]

A bit refers to one-eighth of a Spanish 8 Reales “Piece of Eight. Two bits equal a quarter. In the early history of the US, US coinage was scare and Spanish dollars were the widest circulating coin. The Spanish dollar was seen as being equivalent to a US dollar. In order to create smaller denominations, the Spanish dollar was cut into eights, or 'bits'. Because there was no one-bit coin, a dime (10 ¢) was sometimes called a short bit and 15c a long bit.

[ritter]

a dime or 10cents was sometimes called a "short bit".

[RGT]

One Dime or ten cents.

[MunkyMan95]

In some parts of California, the dime or ten-cent piece is called the "Short Bit"

[Schatzy]

What is a "Short Bit"? A Dime $0.10

[walt666-migration]

A bit refers to one-eighth of a Spanish 8 Reales. Because there was no one-bit coin, a dime (10 ¢) was sometimes called a short bit and 15c a long bit.

Walt

[Backdraft237]

a dime (10 ¢) was sometimes called a short bit

[Backdraft237]

a dime (10 ¢) was sometimes called a short bit

not sure it went thur the first time...sorry

[Bugmann1974]

A "short bit" Is a dime (10 cent piece).

[Coindude]

10 cents.

[jtryka]

I will guess that a short bit was a dime.

[bsshog40]

20 Cent piece

[Elbesaar]

 

A "Short Bit" means Dime

 

 

[Just Bob]

A dime

[just-john]

Because there was no one-bit coin, a dime (10 ¢) was sometimes called a short bit and 15c a long bit.

 

A bit refers to one-eighth of a Spanish 8 Reales “Piece of Eight. Two bits equal a quarter. In the early history of the US, US coinage was scare and Spanish dollars were the widest circulating coin. The Spanish dollar was seen as being equivalent to a US dollar. In order to create smaller denominations, the Spanish dollar was cut into eights, or 'bits'.

 

[dan8402]

A dime or ten-cent piece.

[BigBob]

$0.10 (dime)

[mandrabel-migration]

Because there was no one-bit coin, a dime (10 ¢) was sometimes called a short bit and 15c a long bit.

[jgrinz]

Short bit -- A term used in the Southern and Western states, meaning 10 cents. It is derived from the old Spanish real which used to circulate in those states and was called a bit and was worth nominally 12.5 cents.

[namvette68]

A "short bit" comes from the pieces of a silver dollar. The dollar was divided into 8 parts. Each part would be worth 0.125 cents. "Two bits" being a quarter. As the only smaller denomination coin was a dime, or 10C piece, it was called a "short" bit, as it lacked the 2.5 cents to make it a "bit".

[Melissa Pearce]

QUESTION:

 

What is a "Short Bit"?

 

Answer: A Dime!

 

***BONUS PRIZE WEEK***BONUS PRIZE WEEK***BONUS PRIZE WEEK***

 

Congratulations to our first place winner "Physics-fan3.14" who will receive "A Handbook of 20th Century United States Gold Coins" by David Akers.

 

Bonus prizes will be sent to the following randomly selected players "Ritter", "MunkyMan95", "Mandrabel", and "Elbesaar".

 

Your prizes will be mailed to you.

 

Thanks for playing and please make sure you stop by this Friday for the PMG Numismaquest question.

 

 

 

[Elbesaar]

 

Many thanks for the book !!