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Webster 1913 Edition
Fippenny bit
Fip′pen-ny bitˊ
(? or ?)
. [Corruption of
five penny bit
.] The Spanish half real, or one sixteenth of a dollar, – so called in Pennsylvania and the adjacent States.
[Obs.]
☞ Before the act of Congress, Feb. 21, 1857, caused the adoption of decimal coins and the withdrawal of foreign coinage from circulation, this coin passed currently for 6¼ cents, and was called in New England a fourpence ha’penny or fourpence; in New York a sixpence; in Pennsylvania, Virginia, etc., a fip; and in Louisiana, a picayune.