Two-bit

TIN-POT

The American quarter is a little unusual in the world of decimal currency, if you think about it. Most currencies have a “20-cent” coin, which is easier to work with mathematically. The US went for the quarter in deference to the practice of dividing Spanish Milled Dollars into eight wedge-shaped “bits”. That’s also why the quarter is sometimes referred to as “two bits”. We’ve been using the adjective “two-bit” to mean “cheap, tawdry” at least since 1929. State quarters were introduced in 1999.