A “five-pence,” or “fippenny bit.”

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1814.  Here [in Philadelphia] every article goes by fi’p’s; so many fi’p’s; (about five pennies) a piece, or dozen.—Henry C. Knight (‘Arthur Singleton’), ‘Letters from the South and West,’ p. 28 (Boston, 1824).

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1822.  A dispute now commenced between two persons respecting some cents and a “fip,” which had fallen from his pocket as he rolled in the straw: one asserting that there were two “fips,” and the other that there was but one.—Philadelphia Freeman’s Journal, Sept. 5.

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1824.  We have whiskey at “three fips” per gallon.—Letter from Cincinnati, Mass. Yeoman, March 3.

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1832.  He … drew [out] … rather more dollars, half dollars, levies, and fips, than his dirty little hand could well hold.—Mrs. Trollope, ‘Domestic Manners of the Americans,’ i. 171.

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1832.  I fell in with one of the curly-headed descendants of Ham, who was willing to pull me over for a couple of “fips,” and we struck a bargain at once.—E. C. Wines, ‘Two Years and a Half in the Navy,’ i. 8 (Phila.). (Italics in the original.)

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1834.  His pockets had never felt the weight of a single fip which did not somehow or other find its way into the family locker.—Vermont Free Press, Oct. 4.

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1836.  We were aroused by a remark from a gentleman at our elbow, who, with a fip in his dexter hand, between the thumb and fore-finger, said, “Go, bring something to drink.”—Phila. Public Ledger, Sept. 5.

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1837.  The name Picayune is the Creole … for what we call a Fip.Id., Feb. 7.

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1838.  

        He’d give a fip to clothe a beggar’s shins,
And cover thus a multitude of sins.
Rufus Dawes, ‘Geraldine,’ Knick. Mag., xii. 548 (Dec.).    

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1840.  Sim Travers, who had a drinking shed at the lower end of the canal basin, with equal public spirit, uttered his paper in fips, “Good for a Drink.”—John P. Kennedy, ‘Quodlibet,’ p. 172 (1860).

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1849.  He had given the gentleman credit for eight dollars and a fip in the omnibus.—Mr. Root of Ohio, House of Repr., Jan. 9: Cong. Globe, p. 203.

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1855.  [The boy had] the tempting reward of a fip-penny piece before him.—W. G. Simms, ‘Border Beagles,’ p. 252 (N.Y.).

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1856.  By and by he will give you a fip to buy salve for those cuts!—H. B. Stowe, ‘Dred,’ chap. xviii.

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1857.  “Do you want any meal, ma’am?” “What do you ask for a bushel?” “Ten cents, ma’am, prime.” “O, I can get it for a fip.”Oregon Weekly Times, March 7.

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1857.  Last night, yesterday morning, about two o’clock in the afternoon, before breakfast, a hungry boy forty years old bought a fip custard for a levy, and threw it through a brick wall nine feet thick, and jumped over it, and broke his ankle right above his knee, and fell into a dry mill-pond, and was drowned.—Id., Aug. 15.

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1858.  

        Wise sages, of the olden time,
  With introverted vision look;
But ah! a fip is not a dime,
  And for mixed ‘sniffers’ can’t be took.
Knick Mag., li. 215 (Feb.).    

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  See also THRIP.

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