Dam
An Indian copper coin, the fortieth part of a rupee. Hence the
expression “Not worth a dam”; similarly “not worth a farthing,” “not
worth a rap” (q.v.); “not worth a sou,” “not worth a stiver,”
etc.
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894 More on Dam from Fact Monster:
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