# Please explain British money to a yank... **URL:** \ **Category:** Factual Questions\ **Created:** [May 20, 2000, 1:32am UTC](https://boards.straightdope.com/t/please-explain-british-money-to-a-yank/20019 "2000-05-20T01:32:32Z")\ **Posts on this page:** 1\ **Showing post:** 26
**Author:** ![samclem](https://avatars.discourse-cdn.com/v4/letter/s/a9a28c/32.png) [@samclem](https://boards.straightdope.com/u/samclem)\ **Post date:** [May 23, 2000, 2:16am UTC](https://boards.straightdope.com/t/please-explain-british-money-to-a-yank/20019/26 "2000-05-23T02:16:38Z")
Jayron 32 said > [@](#): > > $.25 – Two bits (from when Dollar coins were based on the Spanish Reals, and were often cut into 8 pieces or “bits” to make smaller change) Not to hijack this thread, but I have been considering writing a thread as to how I believe this to be an UL. As a professional coin dealer for over 30 years, specializing in World Coins, these cut-up pieces of 8 Real coins just don’t show up! Yet people pass along the story that they were cut into fractional bits. BS I say! --- _[View the full topic](https://boards.straightdope.com/t/please-explain-british-money-to-a-yank/20019)._