1) Coin 2) Coin of Scotland 
A bawbee was a Scottish halfpenny. The word means, properly, a debased copper coin, valued at six pence Scots (equal at the time to an English half-penny), issued from the reign of James V of Scotland to the reign of William II of Scotland. They were hammered until 1677, when they were produced upon screw presses. ==Issues== The bawbee was introdu...
• (n.) A halfpenny.
an old penny
Baw·bee' noun [ Perh. corrupt. from halfpenny .] A halfpenny. [ Spelt also baubee .] [ Scot. & Prov. Eng.]
[n] - an old Scottish coin of little value
noun an old Scottish coin of little value