/ · 1894 Brewer’s · H · Hog
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meaning a piece of money, is any silver coin—sixpence, shilling, or five-shilling. It is probably derived from the largess given on New Year’s Eve called hog-manay, pronounced hog-money.
⁂ In the Bermudas the early coins bore the image of a hog.
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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.