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The use of sawbuck as a type of slang has declined over the years, partially as Roman numerals have become less commonly-used on currencies and because fewer people are familiar with carpentry’s use of sawbucks. Roman numerals appeared on U.S. currency before the creation of the Federal Reserve.
Slang term for the U.S. tendollarpaper currency. The slang is derived from the Roman numeral for ten, “X”. The “X” looks like the shape of a sawbuck, a device used to hold wood in place for sawing it into pieces.
Treasury initially used roman numerals on its bank notes and ten is represented by X in latin .this term became popular in 19 th century.
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