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<p>[QUOTE=&quot;Hookman, post: 8227605, member: 99642&quot;]You are absolutely correct.</p><p>Each 8 Real coin would typically be cut into 4 pieces or more, with the pieces referred to as &quot; bits &quot;.</p><p>As the 4 piece cut was the most common, it brought about the use of the phrase &quot;Two Bits&quot; to describe one of those cut pieces, along with a multitude of other useful phrases such as &quot; not worth two bits &quot; and my favorite :</p><p>&quot; Two Bits, Four Bits, Six Bits, A Dollar</p><p>&nbsp; If you like Reals, Just stand up and Holler &quot;[/QUOTE]</p><p><br /></p>

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