A small coin of the value of six and a quarter cents. See Fippenny bit.
source: Webster 1913
adjective satellite
(informal) small and of little importance
A fiddling sum of money. A footling gesture. Our worries are lilliputian compared with those of countries that are at war. A little (or small) matter. A dispute over niggling details. Limited to petty enterprises. Piffling efforts. Giving a police officer a free meal may be against the law, but it seems to be a picayune infraction.