What is a Sawbuck?

'Sawbuck' is a slang term from the 19th century for the US $10 bill.  
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‘Sawbuck’ is a slang term from the 19th century for the US $10 bill.

A sawbuck is an instrument used for holding wood while sawing – and has a shape similar to an X.

The term sawbuck became popular because the US treasury initially printed their banknotes with the letter ‘X’ on them. The letter ‘X’ is a Roman numeral that represents 10.

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